Globalisation Flashcards
Define globalisation
The process by which businesses or other organizations develop international influence or start operating on an international scale.
Define call centres
Offices where groups of people answer telephone enquires. Employees use a computer to give them information that helps the answer questions.
Define food miles
The distance that food items travel from where they are grown to where they are eaten.
Define imports
bring (goods or services) into a country from abroad for sale.
Define interdependance
the relationship between two or more countries, usually in terms of trade.
Define NIC
Newly Industrialised Country
Define leakage
where profits made by the company are taken out of the country to the country of origin and o do not benefit the host country.
Define marginal land
land that is only just good enough to be worth farming. It may be dry, wet, cool, stony or steep.
Define NGOs
Non-Governmental Organisation
Define exports
send (goods or services) to another country for sale.
Define push and pull factors
push factors are the reasons for wanting to leave a location e.g. War. Pull factors are the reasons why people or industry are drawn to a location.
What are Tax incentives
is an aspect of a country’s tax code designed to encourage a particular economic activity.
Explain what is meant by the term ‘TNC’
Transnational corporation
Explain the multiplier effect
where initial investment and jobs lead to a knock-on effect, creating more jobs and providing money to generate services
What is an SEZ? Can you give an example?
A special economic zone (SEZ) is a geographical region that is designed to export goods and provide employment, examples include Shenzhen, Guangdong, Zhuhai, Guangdong, Shantou and Guangdong.