Globalisation Flashcards
What does globalisation mean?
The great integration of the global economy
What is the effect of the accelerated globalisation that has taken place in the last 30 years?
Jobs + wealth in 1 country dependent on trade + investment from other countries
Countries specialise in certain types of economic activity
Jobs move from high cost to low cost countries
What is the dominant economic sector in the PRE-INDUSTRIAL STAGE of the Clark Fisher Model?
Primary
What is the dominant economic sector in the INDUSTRIAL STAGE of the Clark Fisher Model?
Secondary
What is the dominant economic sector in the POST-INDUSTRIAL STAGE of the Clark Fisher Model?
Tertiary
What jobs are included in the PRIMARY sector?
Farming, fishing, mining
Jobs which grow or extract raw materials
What jobs are included in the SECONDARY sector?
Manufacturing goods in factories and workshops
What jobs are included in the TERTIARY sector?
Services such as education, retail, banking, the health service and travel
What are the impacts of moving through the stages of the Clark Fisher Model?
An increase in pay + therefore income
Better working conditions
A change from informal to formal jobs
What are the working conditions of a SUBSISTENCE FARMER in ETHIOPIA?
Hard, labour intensive farm work
Vulnerable to the weather e.g. floods + drought
Workers lives depend on producing enough food
Children often have to work
What is the expected pay for a SUBSISTENCE FARMER in ETHIOPIA?
No pay. Might earn a small amount selling any surplus food produced.
What are the working conditions of a FACTORY WORKER in CHINA?
Long hours, repetitive work, lots of overtime
Unions banned so employees have few rights
Most factories only want younger workers (under 30)
What is the expected pay for a FACTORY WORKER in CHINA?
Low pay (£1000 - £3000 p/a)
What are the working conditions of a NURSE in the NHS ?
Good working conditions
Health and safety regulations
Paid holidays and pensions
Unsociable working hours + high stress environment
What is the expected pay for a NURSE in the NHS?
Medium pay (£20,000 - £40,000 p/a)