GEOG 1050 Study Guide - Final Guide: Epicenter, Jamaican Diaspora, Multinational Corporation
Document Summary
Growing integration of economies and societies around the world. Opening of borders to increasingly fast flows of goods and services. Changes in institutions and policy regimes that promote these flows. Before globalization, people, things, places, etc. were more solid, and there were strong barriers to movement (borders, walls) However, people move and things move (disease), and borders have. From (cid:494)solid(cid:495) to liquid become more porous, therefore (cid:494)liquid(cid:495) Globalization is characterized by great flows of things, people and information. Flows of things, money, and consumption habits. Material that is (cid:494)light(cid:495) moves more quickly and easily (cid:523)email, texts, tweets(cid:524) (cid:494)light(cid:495) in a physical sense as well. What three new developments have been associated with globalization: bretton woods agreement, emergence of multinational corporation, breakup of soviet union (1991) Discuss what the (cid:494)death of distance(cid:495) means (cid:494)distance(cid:495) is somewhat of a myth (cid:523)almost doesn(cid:495)t exist in today(cid:495)s society(cid:524) However, some places are more distant than others ((cid:494)not in the loop(cid:495)) (cid:494)fast fashion(cid:495) sweat shops.
