Overview
The economic geography of globalization examines how economic activities are distributed globally and the effects of globalization on these patterns. It encompasses various aspects, including trade routes, supply chains, and cultural exchanges, which shape local and global economies. Understanding t...
Key Terms
Example: The rise of multinational corporations is a result of globalization.
Example: The supply chain for smartphones includes raw material suppliers, manufacturers, and retailers.
Example: The Silk Road was an ancient trade route connecting the East and West.
Example: Investments in education can lead to economic development in a region.
Example: Cultural exchange programs allow students to study abroad and learn about different cultures.
Example: Coca-Cola is a multinational corporation with operations in over 200 countries.