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Global Change Our Changing World

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Page 1: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

Global Change

Our Changing World

Page 2: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

Key

Term

s

• The integration of the world’s economy and culture through the mass consumption of mainly Western culture, technology and trade

Globalisation

• A term used to describe how the world appears to be getting smaller through advances in technology, especially technologies that allow the transfer of information

Global village

• Large companies that operate in a number of countries but generally have their headquarters in one of the countries of the developed world

Transnational

corporations (TNCs)

Page 3: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

What

is d

rivi

ng

glo

balis

ati

on?

Advances in transport and

communications technology

The growth of transnational corporations

(TNCs)

Expansion of world trade

International investment

Page 4: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

What

is d

rivi

ng

glo

balis

ati

on?

• Movement of goods and services between countries

• Money moving into and out of countries

• Individual, government and business investment, loans and repayments

• Very large companies that operate in a number of countries

• Business links of TNCs

• Bulk carriers, oil tankers & container ships

• Aviation (Boeing 747)

• Internet & email

Advances in transport and communications technology

The growth of transnational corporations

(TNCs)

Expansion of world trade

International investment

Page 5: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

Key

Term

s

• The growing number of commercial links between companies and firms

Economic Integratio

n

• The increasing linkages and similarities between world cultures

Cultural Integratio

n

• A world dominated by the consumption of the products of popular culture

Mass consumer

culture

• Mainstream culture; usually associated with ‘lighter’ forms of entertainment

Popular culture

Page 6: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

What

is e

conom

ic

inte

gra

tion? Global trade

• Fast rate of change in international trade

• TNCs largely responsible (account for around ¼ of all goods and services produced globally

Global migration• The movement

of workers between countries

Global investment• Rapid growth of foreign investment

between countries• 80% of flow of investment funds

between developed countries

Global finance• Eg from TNCs

operating in different countries, money from overseas trade & investors

Page 7: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

What

is c

ult

ura

l in

tegra

tion

Development of a mass consumer

culture

Global music

industry

MTV: effective method for marketing consumer

products to teenagers

Sport

MerchandisingMass marketing of

fashion

Page 8: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

Global ChangeGlobal Inequalities

Page 9: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

Key

Term

s

• The differences that exist in people’s standard of living or quality of life

Inequalities

• Coping without the resources (food, clothing, shelter) necessary for life

Absolute poverty

• A process of change that results in an improvement in the quality of life of a community. It usually involves reducing poverty

Development

• The infrastructure (eg roads, water supply, schools, hospitals, airports) of a community; often supplied by government

Public wealth

Page 10: Global Change Our Changing World. Key Terms The integration of the world’s economy and culture through the mass consumption of mainly Western culture,

Natu

ral R

eso

urc

es:

Key

Term

s

• Any part of the physical or human environment used to meet the needs of people

Resource

• A resource that can maintain and /or replace itself if managed carefully

Renewable resource

• Any part of the physical environment that cannot be replaced once it has been used

Non-renewable resource

• Resources that no individual or country owns or has legal responsibility for

Global commons

• The unused supply of a non-renewable resourceReserves