Gloabalisation EQ3 Flashcards

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1
Q

What does development mean?

A

Standard of living + quality of life has economic, social and environmental indicators

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2
Q

What is a single measure of development?

A

1 particular indicator of development

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3
Q

What are composite measures of development?

A

Combines a variety of indicators into 1 score
Eg HDI

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4
Q

What is GDP?

A

Gross national product
Refers to market value of all finished goods and services produced by a country

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5
Q

What is the economic sector balance?

A

Measures proportion of economic output from each sector of industry

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6
Q

What is GNI?

A

Gross national income
Takes into account country’s GDP and income earned abroad

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7
Q

What is purchasing power parity?

A

Measure price of specific goods in different countries and compare power of different currencies

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8
Q

What is the HDI?

A

Measure combining life expectancy, education and per capita income indicators

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9
Q

What is the GDI?

A

Gender inequality index
Measure providing insights to gender inequality in health empowerment and labour markets

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10
Q

What is the Gini Coefficient?

A

Measure increasingly inequalities within countries with values between 0-100
100 mean high income equality

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11
Q

What is the Lorenzo curve?

A

How much inequality exists in a situation

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12
Q

What are winners and losers?

A

Worlds richest 1% own 50% of the worlds money by 2039 will be 2/3
Winners china
Losers sub Saharan Africa

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13
Q

What are the tensions over globalisation?

A

Migration
Culture/ideology
Resources/territory
Environment

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14
Q

Why are there tensions about migration?

A

Free movement supposed to benefit but caused tensions over social, ecomomic and cultural changes
BREXIT

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15
Q

Why are there tensions about the environment?

A

Damage the environment beyond repair
Priests against Shell in Nigeria

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16
Q

Why are there tensions about culture/ideology?

A

Censorship
Opposing beliefs blocked
China’s great firewall

17
Q

Why are there tensions over resources/territory?

A

Supply of water with making of dams
Greater demand of resources

18
Q

What is censorship?

A

Control of what is shown in a country

19
Q

What is trade protectionism?

A

Gov policies and actions taken to restrict or limit international trade in order to protect domestic industries from foreign competition

20
Q

What is limited immigration?

A

Control of who moves into the country wall between USA and Mexico

21
Q

What is maintaining cultural identity?

A

Through combination of language, traditions, festivals, food and community organisations

22
Q

What are local situations to globalisation?

A

Recycling
Local food sources
Biodiversity habitats
Community energy
Sustainable transport
Cleaning the environment

23
Q

What is localism?

A

Decisions made locally encouraging sufficiency on a local scale to respond to global challenges

24
Q

What are transition towns?

A

Community grass roots project aiming to increase self sufficiency and reduce fossil fuels such as affordable housing

25
Q

What is a donught economy?

A

Meeting the needs of the people working the needs of the planet
Can’t go too far either way
Organising a society together not seperatly
Tried in Amsterdam

26
Q

What are the ethical issues?

A

Fair trade farmers still use pesticides
11% of fairtrade products and label can be used

27
Q

Examples of localism?

A

Incredible edibles
Whalley

28
Q

What did whalley do?

A

Use hydroelectric power from river Calder
Locals invest in schemes creating energy to local homes and businesses
Reduced 280 tonnes of carbon emissions

29
Q

What is incredible edible?

A

Local food growing that anyone can have
Todmorden started other places copied