Global World Flashcards
1
Q
Culture
A
The ideas, customs and traditions in a country
2
Q
Exploitation
A
To take advantage of somebody or mistreat them
3
Q
Globalisation
A
The increasing connections between countries all over the world through trade, travel and communications
4
Q
Interconnected
A
Where places are connected and linked together (e.g. through globalisation)
5
Q
Manufacturing
A
A company that makes something (e.g. clothing, technology)
6
Q
Multiplier Effect
A
The positive benefits that come from investment in a country or place
7
Q
Newly Emerging Economy (NEE)
A
A country that is starting to grow its economy and get richer
8
Q
Outsource
A
When a TNC gets another company to produce something for it
9
Q
Trade
A
Buying and/or selling goods
10
Q
Transnational Corporation (TNC)
A
A business or company that is in two or more countries
