Professional Documents
Culture Documents
Region IV
CAPIZ STATE UNIVERSITY
Main, Campus
Roxas, City
College of Education
For example, Britain imports around 60% of its food, with only 40% of the food supply
being grown in Britain, and if you take a look around any class room, or any living room,
and you will probably find that the majority of products were imported from
somewhere else.
"CONTAINERISATION"
The costs of ocean shipping have come down, due to containerisation, bulk shipping, and
other efficiencies. The lower unit cost of shipping products around the global economy
helps to bring prices in the country of manufacture closer to those in export markets,
and it makes markets more contestable globally.
"TECHNOLOGICAL CHANGE"
Rapid and sustained technological change has reduced the cost of transmitting and
communicating information – sometimes known as “the death of distance” – a key factor
behind trade in knowledge products using web technology.
3. It encourages urbanization.
There are two farms. One is a small family operation, while the other is a factory farm
operation. The factory farm receives the same subsidies as the family operation, but
because they produce many more products, they receive much more help from the
government. This allows them to sell products at lower prices, which stores like because
it generates more sales. Eventually, the family farm must either find its own niche to
compete or the workers must look for employment elsewhere. That is why free trade
often encourages urbanization.
A world-system is a social system, one that has boundaries, structures, member groups,
rules of legitimation, and coherence. Its life is made up of the conflicting forces which
hold it together by tension and tear it apart as each group seeks eternally to remold it to
its advantage. It has the characteristics of an organism, in that it has a life-span over
which its characteristics change in some respects and remain stable in others. One can
define its structures as being at different times strong or weak in terms of the internal
logic of its functioning.