Global shift & Containerisation Flashcards

1
Q

Global shift

A

filtering down on manufacturing industry from developed to lower wage economies

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2
Q

International divisions of labour

A
  1. Highly skilled- paid, decision-making, researcher + managerial occupations (HICs)
  2. Unskilled- poorly paid assembly occupations (LIC’s)
    * Radical changes in the last 40 years= LIC’s developed their own industrial + commercial bases + their own TNCs which have spread globally
    * They are now a threat to HIC’s
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3
Q

4 Asian Tiger economies

A
  1. Hong Kong
  2. Taiwan
  3. Singapore
  4. South Korea
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4
Q

Impacts on HIC’s

A

+ Investment in tertiary sector
- Places like Docklands become run down
- Infrastructure not invested in- building run down
- Deindustrialisation
- Counterurbanisation
- Loss of jobs in HIC

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