Best average speed ofhorse-drawn coaches andsailing ships, 10mph.Steam locomotives average65mph. Steamships average36mph.Propelleraircraft 300-400 mph.Jet passengeraircraft 500-700mph.
The Shrinking GlobeThe Shrinking Globe
Is Distance Dead?Is Distance Dead?
The cost of informationtransfer decreased by 98%in the last 40 years.
The cost of Goodstransport is reduced by50 %in the last 40 years.
Globalization is associated with “time and spacecontracting”: