Factors in Globalisation (AQA A-Level Geography): Flashcards

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Factors in globalisation
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Deindustrialisation meaning

Decline in manufacturing employment & output in a region

China's % of global manufacturing (2018)

28.4%

Internet users worldwide

Approximately 4.5 billion people

Mobile phone subscribers globally

Nearly seven billion

Global financial system (GFS)

Framework facilitating capital flows for investment & trade

Containerisation

Shipping goods in standardised metal containers

Just-in-time (JIT) systems

Correct quantities available on time at each production stage

Trade agreement

Formal agreement removing trade barriers between countries

EU member count

27 member countries

Four freedoms in common market

Goods, services, capital & labour flow freely

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