F2 - SEM2 - LDCs Flashcards
What are the 3 benefits to LDCs on the global shift of manufacturing activities?
LDCs
- more job opportunities
- faster economic growth
- new technology transfer
LDCs
Explain why more job opportunities in LDCs after global shift of manufacturing activities
LDCs
- factories are relocated to LDCs
- brought many job opportunities
LDCs
What are the impacts to the factory worker in the LDCs?
more income
better standard of livings
Explain why faster economic growth in LDCs after the global shift of manufacturing activities
Income level of secondary industry rise
=> government collects more tax income
=> government improves infrastructure
=> attract more foreign investment
=> promote growth of other industries
What is multiplier effect?
industry developments bring multiple benefits and grow like a rolling snowball
Explain multiplier effects
Setup new factories
=> more jobs
=> attract more people
=> promote economic growth
=> more tax income for government
=> better infrastructure
=> attract more factories setup
All these attract other industries and investment
Explain what are the impacts of new technology transfer in LDC
raise skill level of local worker
=> improve production efficiency
=> boost industrial development
What are the 4 challenges in LDCs after the global shift of manufacturing activities?
labour exploitation
low profits
competition with local industries
environment pollution
Explain why labour exploitation happens in LDCs
lack of labour legislation and protection
Give examples how workers in LDCs are exploited
long working hour
poor working environment
child labour
What is a “sweatshop”?
factories with unacceptable conditions
Explain why factories in LDCs has low profits
factories in LDCs are only responsible for low-tech and low value-added manufacturing profit
Explain why local industries are less competitive
TNCs have more capitals, advance technology and better market strategies than local industries
Explain why environment pollution is found in LDCs
loose pollution control policies
=> attract more polluting industries relocated to LDCs
Give some examples of polluting industries
electroplating
bleaching
dyeing