Global Systems Flashcards
How are countries interdependent economically?
Countries rely on each other for economic growth. Eg: oil is produced by a number of countries and consumed by another group of countries. Consumers need the oil and producers rely on the money.
How are countries interdependent politically?
Countries depend on each other to solve issues that cannot be addressed by just one country.
How are countries interdependent socially?
Heater connections between people living in different countries creates social interdependence between the countries.
How are countries interdependent environmentally?
Every country of dependent on the rest of the world to look after the world.
How can unequal flows of people cause inequalities?
People tend to move from countries where there are few jobs to countries with plenty. It is expensive to migrate so the poorer in society are left behind.
What are the benefits of flows of people?
Immigrants create economic growth as they bring skills or do jobs that citizens don’t want to do.
What is remittance?
When migrants send money back to their home communities increasing the amount of capital flowing back into developing countries.
How can unequal flows of people cause inequalities?
Less developed countries suffer brain drain as skilled people leave and take their knowledge with them.
How can unequal flows of people cause conflict?
Low skilled migrants are often happier to work for less wages and in turn they depress wages for the local population causing conflict between local and migrant populations.
How can unequal flows of people cause injustice?
Migrant workers are sometimes made to work in dangerous environments for little money.
What is foreign aid?
Money given to a less developed country to increase development or help in a crisis.
How are flows of money unequal?
Money often flows from developed countries to developing countries. Less developed countries rarely have the capital to invest in other countries.
What benefits does the flow of money bring?
-FDI allows foreign companies to take advantage of cheap raw materials and labour.
-Host country benefits from foreign capital to improve living standards and rebuild local infrastructure.
How can unequal flows of money cause inequalities?
Foreign aid can create dependency which gives governments little incentive to improve their own countries.
How can unequal flows of money create conflict?
Foreign aid can find its way into armed groups and help find conflict.
FDI in agriculture can lead to peasant farmers being forced out for larger plantations.
