The impact of globalisation on place perception

• What is the definition of the global village?

  The global village is the concept that the world becomes smaller due to interconnectedness in communication, capital, and ideas.
• How has the global village impacted communications?

  Communications and the flow of goods are now quicker and more reliable than ever before, with capital moving at the press of a button.
• What does time-space compression refer to?


  Time-space compression refers to how space is no longer a barrier to communication and movement of people.
• Give an example of the impacts of time-space compression.

  The UK food market has access to food all year round from different countries, regardless of seasonality.
• What is one of the main impacts of globalization?

  One main impact of globalization is the homogenization of place, leading to uniformity and loss of local identity.
• How does a currency trader in a bank benefit from globalization?

  A currency trader benefits by reaching people quicker and easier due to technology.
• What is a loss for a currency trader due to globalization?

  With online banking, people can easily spend money without needing to change their currency.
• How does a mother from an LIDC/EDC working abroad benefit from globalization?

  She benefits from better communication, allowing her to talk to her family easily and send remittances.
• What are some losses a mother from an LIDC/EDC may face due to globalization?

  She may lack education or skills required in ACs, face family tensions, and incur travel costs.
• What is one disadvantage of globalization?


  Many people are excluded from time-space compression and lack access to communication.
• What is another disadvantage of globalization?


  Globalization can lead to westernization and the ending of local industries.