Globalisation Flashcards
Describe what a pre-industrialised countries employment structure is like ę.g primary etc
The primary sector leads the economy and may employ more than two thirds of the working population
agriculture is by far the most important activity (The UK pre 1750)
Name a country that is in the pre-industrialised sector in the Clark Fisher model
Ethiopia
Describe what a industrial sectors employment structure looks like
The secondary (manufacturing ) sector peaks but still probably provides less than half of the jobs the primary sector declines the tertiary sector would increase in importance
UK 1750-1970
Describe what the post industrial sector looks like in terms of employment structure
The tertiary sector becomes the most important sector as a primary and secondary sectors continue to decline the good turn every sector begins to appear
UK 1970- now
Name a country that is in the industrialised sector in the Clark Fisher model
China
Why is the primary sector so important in a named LEDC
In Ethiopia more then 75% of the working population work in agriculture
most of these people are in subsistence farming they work in long hours and difficult physical conditions to provide barley enough food for survival for them and their family
How important is the secondary(manufacturing) and tertiary (services) sector in a named LEDC
In Ethiopian the second dairy sector is very small foreign investment in textiles and never is now creating employment and the people are poorly paid
The tertiary sector is small and provides about 10% of the working population
How important is the secondary sector to a named NIC and what are the working conditions like
In China the secondary sector is very important and produces huge amounts of manufactured goods that are sold around the world
factory jobs involve long hours in unsafe conditions, however these workers get more money than farmers
What is a ‘global - shift’
it’s the movement of manufacturing from developed countries to cheaper production in developing countries
Define ‘globalisation’
The process led by transnational companies (companies that operate in several countries) where the worlds countries are becoming part of one huge global economy
What is WTO and what is their role
World Trade Organization
They deal with global rules of trade between countries
Their function is to ensure that trade flows smoothly
and to promote free trade by persuading countries to reduce or remove trade barriers like taxes and tariffs
What is IMF and what is their role
International Monetary Fund
An international organisation of 188 countries that work to reduce poverty around the world by encouraging financial corporation between countries such as foreign investment, which creates new jobs
They give loans to developing countries for infrastructure
What is the World Bank and what is their role
It is a source of financial and technical assistance to developing countries it’s aim is to reduce poverty
What is a TNC
A Transnational corporation is a large company that operates in several countries
What are the negative impacts of globalisation on people in developing countries?
The primary sector and informal sector are still very important
and other countries come to LEDC’s for manufacturing as it is cheaper therefore workers -especially the children and women are paid very low wages and can barely survive
Exploitation of workers- in that they are put in dangerous conditions and long hours they have no trade union protection
