SEE: Globalisation: 3.1C
- Created by: MaggieNaylor
- Created on: 08-03-22 17:34
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- 3.1C: Development in ICT and communications leading to time-space compression
- Mobile phones
- These connect people and places, allowing for instantaneous, cheap communication
- In 2005, 6% of Africans owned a phone, by 25% it was 70%
- Internet
- Allows for information to be shared globally
- Social networking
- 1.5 billion users on Facebook by 2015
- Instantaneous, free communication
- Sharing of information
- Electronic banking
- Allows for the easy transfer of capital
- Case study: Safari.com in Kenya allowing credit to be transferred via phones
- 1/3 of the country's GDP now sent through this system
- Fibre optics
- Flows of data can be transferred between countries via fibre optic cables
- More than 1 million km of undersea cables transfer this information
- All of these methods lower communication costs and contribute to time-space compression
- Mobile phones
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