Geo - Globalisation Flashcards

1
Q

globalisation

A
  • process of the world becoming more interconnected
  • increases integration and interaction
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2
Q

causes of globalistion

A
  1. improved transportation
  2. more companies
  3. internet
  4. free trade
  5. social media
  6. migration
  7. currency
  8. advertisement
  9. foreign labour
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3
Q

positive impacts of globalization

A
  1. new jobs
  2. consumers enjoy greater choice of goods
  3. help local services
  4. improving cultural diversity
  5. able to take holidays
  6. bring awareness to global issues (e.g. pollution)
  7. makes governments work together to tackle global issues
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4
Q

negative impacts on globalization

A
  1. multinational companies might drive local companies out of business
  2. can threaten local culture
  3. operates only among the richest countries.
  4. can cause social tensions among countries.
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5
Q

trade

A

buying & selling goods and services between different countries around the world

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6
Q

industry

A

economic activity concerned with the processing of raw materials and manufacture of goods in factories.

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7
Q

cotton industry - environmental impacts

A

Aral Sea
- dried up because water was used for cotton
- loss of trees + forests
- everything depended on the sea, died
- temp increased, no water to evaporate
- dust storms, no trees to block wind
- dust carries harmful chemicals

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8
Q

cotton industry - social impacts

A
  • fishing industry was lost, no water/sea
  • jobs lost
  • communities have reduced water supply
  • poverty
  • public health affected
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9
Q

fair trade

A
  • changes the way trade works through better prices, better working conditions
  • fairer deals for farmers and working in developing countries
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10
Q

positive impacts of fair trade

A
  1. improves working conditions
  2. reduces environmental damage
  3. no child labor
  4. give workers the money they deserve
  5. farmers being able to exchange info (cooperative)
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11
Q

fair trade premium

A
  • fair trade products being a bit more expensive to guarantee working villages earn money.
  • can be used for buildings, buying more supplies and much more.
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12
Q

fair trade minimum price

A

lowest possible price that a buyer of fair trade products must pay the producers

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13
Q

co-operatives

A
  • farmers exchanging info to help each other.
  • benefits everyone
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14
Q

TNC

A
  • transnational cooperation
  • a company that has operations (eg. factories, shops, workers …)
  • many TNCs are large & well known
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15
Q

advantages of TNC’s

A
  • can increase countries’ GDP
  • decrease employment
  • give citizens new skills
  • brings in new machinery, better technology, new management skills, production ideas and better education
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16
Q

disadvantages of TNC’s

A
  • most have no protective laws
    => low wages
    => unlivable working conditions
    => overtime
    => lots of toxic waste (don’t need to dispose safely)
    => verbal and physical abuse
    => dangerous for physical and mental health
  • support child labor
  • access to raw materials