Question

what are the effects of the three flows of globalization

Answer 1

Freight (trade). Concerns flows taking place to satisfy material demands ranging from raw materials to finished goods. This is mainly assumed by maritime shipping, which is supported by port infrastructures acting as the main gateways of this flow system, but airports play an important role in the trade of high value goods.Passengers (migration). The flows of people taking place for a variety of reasons, most of them related to tourism with air transportation being the dominant mode supporting such flows. The global air transport system can handle about four million passengers per day.Information (telecommunications). The complex and extensive flows of information used for communication, power exchanges (e.g. an online order) and symbolic exchanges (e.g. education). Information flows can both take a physical (e.g. parcels) and non-physical form, which are dominantly articulated by a network of global cities.

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Answer 2

Flow of trade.

Flow of labour.

Flow of capital.