Globalisation Flashcards

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1
Q

What is industrialisation?

A

where a mainly agricultural society/culture changes and begins to depend on manufacturing industries instead

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2
Q

Define out-sourcing

A

outsourcing is where a large TNC /company moves part of its industry abroad to take advantage of cheaper labour costs as well as resources.

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3
Q

What are the four sectors of industry described in the Clarke Fischer model that a countries employment structure is composed of?

A

Primary Industries
Secondary industries
Tertiary industries
Quaternary industries

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4
Q

Name some primary industries.

A

farming, mining , fishing ,quarrying

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5
Q

Name some secondary industries

A

house building, car making steel processing, food processing

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6
Q

Name some Tertiary industries

A

distribution, retail, education(teacher) , nursing

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7
Q

Name some Quaternary industries

A

IT, Bio-sciences, media

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8
Q

What is a primary industry?

A

the extraction of raw materials from land or sea.

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9
Q

what is a secondary industry?

A

manufacturing where raw materials are converted into a finished product.

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10
Q

What is a tertiary industry?

A

services, An industry providing a service; healthcare ;education

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11
Q

What is a Quaternary industry?

A

provide information and expert help. often associated with creative or knowledge based industries.

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12
Q

Describe the employment structure of a low income country.

A
  • country is in pre-industrial stage
  • dominated by primary sector industries
  • highly dependant on farming (70% OF EMPLOYMENT)
  • few tertiary and secondary services
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13
Q

Describe the employment structure of a middle-income country.

A
  • country is in industrial stage
  • secondary services increase peaking at 45% of employment structure then decrease
  • primary sector decreases rapidly
  • tertiary sector increases/grows
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14
Q

Describe the employment structure of a high income country.

A
  • country is in post-industrial stage
  • Primary,tertiary and secondary industries decrease slowly
  • Quaternary sector grows
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15
Q

What is a TNC?

A

Trans national company

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16
Q

What is a NIC?

A

newly industrialised country

17
Q

What are the BRIC’S?

A

BRIC’S stands for Brazil, RUSSIA, INDIA, CHINA and SOUTH AFRICA, which are all newly industrialised countries

18
Q

What is an MEDC?

A

More economically developed country

19
Q

What is an LEDC?

A

less economically developed country

20
Q

What is a LIC?

A

less industrialised country

21
Q

What is a MIC?

A

more industrialised country