GEOG 1HB3 Lecture Notes - Lecture 5: Mercosur, North American Free Trade Agreement
24 Aug 2016
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Wednesday, September 23, 2015
Geography 1HB3 - Human Geographies: City &
Economy
What is Globalization?
-Tennis Balls: Slazenger-Dunlop
•1902 - 2002: Barnsley, England
•2002 - Present: Baatan, Philippines
-Globalization
-Globalization: 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
•Process through with the world is becoming a single world society - a global village
-A village is a place where everyone is connected to one another where everyone
gets along, where everyone speaks the same language, etc.
-Goods and Services: A global shopping mall and a global assembly line
-World Trade: The emergence of a globalized economy is the best illustrated via the
rapid growth in world trade
•This growth has been facilitated by the ability to shift production to other areas of
the world
•“Made in China” is now ubiquitous: seemingly everything is made there
-While not exactly accurate, it is generally true, but this shift has come
comparatively recently and quickly
•Manufacturing goods is one part of the story, but being able to deliver them to
market is another
•Shipping (via containers) has been a key driving force for this increase in world
trade: cost, speed, capacity, efficiency, etc.
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Document Summary
Tennis balls: slazenger-dunlop: 1902 - 2002: barnsley, england, 2002 - present: baatan, philippines. A village is a place where everyone is connected to one another where everyone gets along, where everyone speaks the same language, etc. Goods and services: a global shopping mall and a global assembly line. Where has this interconnectedness come from: three key factors/changes, reducing the friction of distance, breaking down barriers, extending the scope of business. Inter-related with one another => connected to accessibility and connectivity. Advances in accessibility and connectivity via innovations in communication and transportation technologies: reducing the friction of distance, internet (1980s) Access is unequal: container shipping (1970s, goods and services from afar. E. g. shipping: non-bulk goods = 90, 20 million containers make more than 200 million trips per year, 10,000 containers are lost at sea annually. Supernational organizations: elimination of barriers to trade and foreign investment to facilitate the ow of goods between countries. Examples: nafta, asean, the european union, mercosur, etc.
