globalisation facts Flashcards

1
Q

positives of globalisation

A
  • FDI allows average incomes to increase especially in lic’s-500 million have escaped poverty in china
  • trading blocs flows for more benefits to people- ASEAN (southeast asian) could cause 65 % of the 600 million population to be in middle class
  • apple has 25 stores in china-400,000 employees earning $150 to $200 a month(above minimum wage)
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2
Q

negatives of globalisation

A
  • workers in china earn $1.63hr whereas in use they earn $22 an hour
  • more injustices like poor working conditions-2013 a factory killed 1132 people due to poor working conditions
  • interdependence-uk gets 9% of oil from Russia-prices increased to 151.6p per litre in march due to invasion over Ukraine
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3
Q

UN POSITIVES

A
  • growth=UN millennium development goals et up to reduce global problems like hunger and disease- helped lift more than 1 billion people out of extreme poverty
  • stability=UN peacekeeping help solve conflict eg Côte d’Ivoire deployed 6000 peacekeeper
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4
Q

UN negatives

A

-UN have been ineffective at stopping conflict eg Rwandan civil war had 800,000 people murdered and UN couldn’t intervene with the violence

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