Geography 3422A/B Study Guide - Foreign Direct Investment, Gross National Income, Gross Domestic Product
20 Sep 2012
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Document Summary
The clich is that instantaneous global telecommunications, television and computer networks will soon overthrow time and space: companies will no longer need headquarters, everyone can work from anywhere. New technologies will soon overturn some of this, but not by much: modern technologies will supplement and perhaps reinforce, not displace the original creation of these geographical areas. Systems of spatial interaction have two components: places that serve as origins, the flows themselves between these places. Core-periphery hierarchy: core areas more economically advanced. Either the driver of the industry, or the fault: periphery less economically advanced. Globalization varies greatly from place to place. Technological developments in communications and transportation systems: can provide jobs, can be seen as a method of exploitation when it comes to comparing wealthy and poor. Tncs are essentially only created to make a profit. Majority of trade actually takes place within corporations.
