GEOG 1HA3 Lecture Notes - Lecture 5: Outsourcing, Msc Napoli, North American Free Trade Agreement
16 Jan 2017
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Document Summary
A process of improvement in the material conditions of life. Spatial variation in terms of well-being: the haves and have nots. Level of prosperity, income, consumption and well-being, etc. The world can be viewed as a system of haves and have nots. World systems theory: simple explanatory framework. Increasing interconnectedness of people and societies around the world. Actions or processes that involve the entire world and result in making something worldwide in scope. Globalization leads into the idea of a global village: a village is where everyone is connected, get along, speak the same language, etc. Goods and services: a global shopping mall and a global assembly line. Three main factors: reducing the friction of distance, breaking down barriers, extending the scope of business. Advances in accessibility and connectivity via innovations in communication and transportation technologies: internet. 922 million in asia, but only 23% penetration: shipping containers (10,000 lost per year.
