Globalisation Flashcards
Globalisation
The way the world is becoming more inter connected
TNC
Transnational corporation
Examples of primary industry
Farming and mining
Examples of secondary industry
Factories and manufacturing
Examples of tertiary industry
Doctors, lawyers, teachers
Examples of quaternary industry
Research and development
What is the TNC case study?
Nike
Nike Factories
- mostly in Asia
- employs 525,564
- $1.25 a day
- 6/7 days a week
Positive impacts of TNC’s
- Nike employs over 1 million people over 51 countries
- the products are cheaper to make in LIC’s
Negative impacts of TNC’S
- Nike moving their factories causes workers from the uk to lose their jobs
- Nike employ women because they cost less since they have less rights
Interdependence
Countries relying on each other to provide goods, money, people or services
What are exports?
Goods or services sent/shipped to other countries.
What are imports?
Goods or services sent/shipped into our countries.
Containerisation
Standard transport that uses a common size of steel container to transfer goods
Fair trade
A way to give people who produce things you buy a fair price for their work
Aid
The form of help given to one county to another
Examples of short term aid
- Tents and blankets
- bottled water
Examples of long term aid
- Teams of doctors and nurses
- dig wells to provide clean water
Millennium development goals
- ensure environmental sustainability
- reduce child mortality