Globalisation Flashcards
Interdependence
The relationship between two or more countries, usually in terms of trade
Call centres
Offices where groups of people answer telephone queries from customers, employees use a computer to give them information that helps them answer questions
Transnational corporation (TNC)
A corporation or enterprise that operates in more than one country
Multiplier effect
Where initial investment and jobs lead to a knock on effect creating more jobs and providing money to generate services
Leakage
Where profits made by the company are taken out of the country to the country of origin and so do not benefit the host country
De-industrialisation
A process of decline in some types of industry over a long period of time. It results in fewer people being employed in this sector and falling production
Assisted areas/ enterprise zones
Areas that qualify for government help. Enterprise zones are on a smaller scale than assisted areas
Advanced factories
Where buildings for production are built in the hope they will encourage businesses to buy or rent them
Strikes
Periods of time when large numbers of employees refuse to work due to disagreements over pay or other grievances
Biofuels
The use of living things such as crops like maize to make ethanol or biogas from animal waste
Kyoto protocol
An international agreement to cut co2 emissions to help reduce global warming
Food miles
The distance that food items travel from where they are grown to where they are eaten
Carbon footprint
The amount of carbon generated by things people do, including creating a demand for out -of-season food
Environmental degradation
Undesirable changes to the natural environment through the removal of natural resources and disruption to natural ecosystems. Human activity is a major cause
Cash crops
Crops grown in order to sell to make s financial profit
