Globalisation Flashcards
1
Q
What are the positive impacts of globalisation?
A
- Multinationals provide new jobs and skills.
- Globalisation can lead to people migrating ,this can lead to labour and skill shortages being filled up.
- Globalisation enables governments to work together.
2
Q
What are the negative impacts of globalisation.
A
-It’s a threat to the world’s cultural diversity - threatening local traditions and languages and making the whole world more fit to the western model .
3
Q
What is the human development index?
A
The human development index is a summary composite measure of a country’s average achievements in three basic aspects of human development. These aspects are Life expectancy, education and income.
4
Q
What’s a trade bloc?
A
A trade bloc is a group of countries that have joined together to promote trade. Producers receiving a fair price is fair trade.
