Consequences Of Globalisation Flashcards
Indicators of development
Human development index
Measuring the achievement of human development (quality of life, standard of living) allowing for comparison with other countries
Measuring income inequality x2
Lorenz curve- graphically represents the distribution of income. Straight of line=equal distribution in income. Curved line= actual income distribution
Gini Coefficient- no. between 0-1 measuring the degree of inequality in distribution of income. 0=equal society 1=unequal society
Globalisation winners/losers
Where some societies are more concerned about equality of opportunity rather than equality of outcome
Europe equality of outcome
China USA equality of opportunity (rich get richer)
Trends in economic development
Define diáspora
The movement of populations away from their homeland
Liverpool. Irish Chinatown
Benidorm
How do countries attempt to control spread of globalisation
Limit migration, limit foreign labour
Define trade protectionism
The economic policy of limiting trade between countries through transfer on imported goods/restrictive quotas
What are the concerns on consumer society
Cheap production has driven consumption.
Global meat consumption increased x4
Coffee increased x2 by 1960’s
Define localism
A range of political philosophies that prioritise local over national/global
(Supporting local businesses)
Define transition town
Transition town means a community project that seeks to build resilience in response to the issues of climate change, economic instability. Purpose to raise awareness of sustainable living.
Define ethical consumption
Practiced through positive buying deliberately due to it being produced ethically.
Aim: to reduce inequalities of global trade/ improve working conditions (fair trade)
Define resource recycling
Recycling to manage resource consumption
Keep Britain tidy
Fight litter but also promote recycling
