Globalisation and superpowers Flashcards
Define globalisation
Globalisation describes the movement of goods, money and ideas across the world in order to become more interconnected.
Name five factors that have led to the recent increase in globalisation
Developments in IT
Change of location in industry
Lower labour costs
Improved transport efficiency
Global tourism
Name four positives of globalisation
Increased levels of migration, created by easier transportation lead to increased workforces
TNCs opening new factories abroad provide jobs, improving quality of life.
Migration leads to the spread of cultures, improving diversity
Consumerisation leads to a reduced price of goods.
Name four negatives of globalisation
Increased levels of migration lead to jobs being needed
TNCs opening factories abroad mean that working conditions are worse, as the factory owners have less authority
Spread of culture leads to cultural erosion
Consumerisation leads to a throw-away culture
Name six factors that lead to a country becoming a superpower
Land area
Population
Resources
Military power
Economic power
Soft (cultural) power
Political power
Which BRIC is most likely to become a superpower
China
What level of economic development are most BRIC countries
Emerging
What nine factors have led to China’s recent economic development
Labour supply
Strong leadership
Investment in infrastructure
Lower wages
Large % of female workers
Location
Poverty reduction
Natural resources
Energy supply
