Globalisation Flashcards

1
Q

Definition?

A

interconnection of trade, work and travel globally

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2
Q

what are inter model containers?

A

containers able to use globally (trains, planes, ships)

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3
Q

factors in globalisation?

A
ICT
Mobile devices
Broadband
Fibre optics
GIS
GPS
Internet
Social Media
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4
Q

TNC’s?

A

trans national corporations

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5
Q

MNCs?

A

multi national corporations

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6
Q

primary industry?

A

farming, mining, fishing, oil production

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7
Q

secondary industry?

A

processes materials from primary industry (manufacturing)

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8
Q

tertiary industry?

A

health, transport, education

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9
Q

quaternary industry?

A

finance, IT, consultancy

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10
Q

what is the manufacturing shift?

A

TNCs and MNCs moving from HICs to LICs and NICs for cheap labour in factories

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11
Q

what is the WTO

A

world trade organisation

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12
Q

NGO?

A

non-governmental organisation

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13
Q

IMF

A

International monetary fund

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14
Q

IGO?

A

Inter governmental organisation (e.g NATO)

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15
Q

WFTO?

A

World fair trade organisation

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16
Q

what is a supranational organisation?

A

many nations working together.
creates laws, treaties and conventions.
e.g. United Nations

17
Q

how many members of UN general assembly?

A

193

18
Q

what does the security council do?

A

prevents conflict on a large scale

19
Q

members of security council?

A

UK, USA, France, Russia, China

20
Q

where is the international court of justice

A

The Hague

Netherlands

21
Q

what is tragedy of the commons?

A

A group or individual ruining others experience of living

22
Q

example of tragedy of the commons?

A

limited supply of common pool resources e.g. fuel

23
Q

what are three main types of globalisation?

A

economic, cultural and political

24
Q

how is globalisation measured?

A

KOF index

Social, economic and political on scale 0-100