Geography-Globalisation Flashcards
What is Globalisation?
The way the world is becoming more interconnected
Why does social media make the world feel smaller?
Because we could be seeing something from someone who might be in another country.
What are the causes for a shrinking world?
Internet, Social Media, Transport
What are the impacts of a shrinking world?
Makes the world feel smaller because we can talk to people far away and get to other countries quicker
What does TNC stand for?
Transnational company
What is a TNC?
A company that operates in 2 or more countries
How do TNCs work?
They have a headquarters, a research and production factories placed around the world
What are the benefits of TNCs?
They allow business’ to make more money because they can hire people in poorer countries to pay them low wages
What are the problems for TNCs?
Low wages for workers, poor working conditions, environmental issues
What was Nikes original name?
Blue Ribbon Sports
How many people are manufacturing goods for Nike globally?
800,000
Where are most their factories?
In poorer countries to give them lower wages
What is the average wage of a Nike worker per day?
£0.65
How long a day do Nike workers work?
15 hours
What is a problem with Nike factories?
They burn the remaining rubbish outside where kids play which causes them cancer