EQ2- What are the impacts of superpowers on the global economy, political systems and the physical environment? Flashcards

You may prefer our related Brainscape-certified flashcards:
1
Q

how do superpowers influence the economy?

A

by promoting free trade and capitalism through IGO’s like the World Bank, IMF, WTO and the World economic forum

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

what do the World Bank do?

A

lends money to developing and emerging economies to promote economic development

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

what does the WTO do?

A

aims to ensure free global trade and opportunities for all countries by removing barriers to international trade

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

what does the WEF (world economic forum do)?

A

promotes public-private co-operation. Meets every year with politicians, delegates, economists etc. acts as a forum for discussion between businesses, politicians and IGO’s

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

what are the two types of TNC’s?

A

publicly traded TNC’s : owned by various shareholders generally pensions funds and banks (e.g Apple, tesco)
State-owned TNC’s: owned by the government (e.g bank of china)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

how have TNC’s arguably become more dominant and influential than IGO’s?

A
  • ability to borrow money has led them to invest in new technology
  • move towards capitalism across the world has opened up new opportunities for them
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

what intellectual property laws protect new research and developments carried out by TNC’s and governments?

A

Patents for technologies and systems
copyright for music, books and artwork
trademarks for designs like logos

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

how do property protection laws create inequality

A

e.g patents

nations like Ghana for instance can’t afford patented products such as medicines, impacting their health

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

what is global culture influenced by?

A

arts, food and the media with the spread of westernisation and eastern nations adopting western ideologies

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

what are the different types of alliances and give some examples

A

-Military alliances: NATO and ANZUS
-economic alliances: EU, NAFTA and ASEAN
environmental alliances: IPCC

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

what is the UN important in doing?

A

maintaining global geopolitical stability by carrying out peacekeeping missions and hold climate change conferences

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

how does the UN work?

A

has 5 permanent members (UK, USA, France, China & Russia) and 10 non-permanent members which change every 2 years.
has internationally-recognised power

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

what are 2 examples of the UN working in an imperfect way?

A
  • any of the permanent member states can veto a decision
  • USA, UK and France tend to vote together whilst Russia and China generally vote together which leads to no progress with the council.
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

high resource consumption (last stage in Rostow’s modernisation model) has led to environmental problems such as…

A
  • urban air quality in emerging cities is very dangerous due to poor vehicle engines
  • imports and exports have increases CO2 through rise in transport meaning a larger carbon footprint
  • deforestation has accelerated as people cut down trees to grow crops for food or biofuel
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

how has the growing middle class contributed negatively to the environment?

A

As a population becomes richer they start to use more resources (live in bigger housing, require more heat, more appliances, more vehicles, afford holidays -planes etc)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

what existing resources has the rise in the middle-class put pressure on?

A

food security: more demand for a variety of food types like meat and dairy- large emitters of co2 and greenhouse gasses
water security: by 2030 it’s expected that 60% of India will face shortages
energy security: oil demand expected to rise by 30% by 2030
resource security: demand for rare earth minerals will increase prices

could all increase tensions between nations and increase prices

17
Q

why have developed nations emissions dropped but developing nations emissions increased?

A
  • developed countries have already gone through industrialisation where they have experiences high emissions but developing nations are just entering this stage
  • Developing nations have outsourced their manufacturing to less-developed countries who are effectively polluting on the developed countries behalf.
18
Q

what are some shifted changes in attitudes towards climate change in recent years?

A

-Trump: America has pulled out of many environmental initiatives and programmes like the Paris agreement.
he has also given permission for oil drilling in Alaska which contradicts Obama’s protection he implemented over these ecologically delicate areas
-EU see climate change has a 21st century problem and is working towards policies etc
-there are no sanctions for if a country misses their emissions targets

19
Q

what is free trade?

A

international trade that is international trade that is free from restrictions such as import/export taxes and quotas restricting the volume of trade.

20
Q

what does the IMF do?

A

promotes economic stability

aids economies in opening up to world trade and investments

21
Q

what is a patent?

A

the legal protection given to a new invention: other companies can use it, but only on payment of a royalty fee to the inventor (usually the company)

22
Q

define culture

A

a system of beliefs, values and traditions including behaviour, dress, art, language, food, relationships, religion and even political views

23
Q

what are some western values?

A
  • individual freedom inc. gender equality and religious freedom
  • the idea that accumulating wealth, owning property and consuming goods and services indicate a successful life
24
Q

what were the three top global brands in 2016

A
  • google
  • apple
  • microsoft
25
Q

what role do the USA play regarding global dominance

A

global policemen

26
Q

define military alliances

A

a treaty between countries that usually involves mutual defence i.e if attacked all alliance members will come to the aid of the attacked country

27
Q

what is the IPCC (inter-governmental panel on climate change)

A

a group of scientists that reports on global warming roughly once every 5 years

28
Q

what is environmental degradation?

A

the reduction in water quality, air quality, soil health and biodiversity caused by high levels of pollution, deforestation and urbanisation

29
Q

define environmental governance

A

the decisions taken to protect and conserve the environment by enacting laws, policing and monitoring pollution and protected areas

30
Q

define ‘rare’ earths

A

a group of elements widely used in electronic, medical and laser devices.

31
Q

what is meant by resource nationalism

A

when a country keeps domestically produced resources for itself, rather than trading them internationally