GPHY 228 Chapter NA: 228 - Week 1 Readings

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The historical shaping of a world economy: 1500 - 1945. 3 key themes: globalization, uneven development, place. Other key themes: scale, neoliberalism, factors of production & modes of production, capitalism, economic geography vs. There are 6 scales: global, macroregional eu, north america, africa, national, regional california, new england, local silicon valley, montreal, workplace kpmg. The 3 main scales are: global, regional, local. Globalization: economic activities are connected across space through ow of goods, money, information and people. This is not new > has always been the case : globalization emphasizes the increasing in volume and scope of global ows over past decades. Technology: technology determines the extent of trade & economic interaction there is, because technology makes the movement and communication across space easier. The steamship, the automobile, or plane for example: in 1960"s technological boom of space-shrinking technologies. 2 camps to globalization the hyperglobalist & the counter-globalist: the hyperglobalist. States are being bypassed by transnational businesses, trade and nance.

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