globalisation key terms 20-40 Flashcards
new economy
where gap is learnt more through expertise and creativity in services such as finance, media, law, technology and management from the manufacturing of goods.
glocalisation
when a company restyles its products to suit local tastes.
human development index
a single index figure, published by the UN each year, which expresses the level of education, health and gdp indicators for every country.
world cities or hub cities cities
cities with a major influence based on: finance, law, political strength, innovative and ict.
source location
places from which migrants move from.
host location
places to which migrants move to.
capitalism
a belief in a market economy where people are free to set up businesses and keep the profits and where supply and demand determines the prices of goods and services.
communism
a belief in a communal wealth for a classless society. property is owned communally and weather is distributed equally. the state owns a controls most land, as well as the banks, natural resources and the media.
ecological footprint
a measure of the land area and water reserves tat a population needs in order to produce what it consumes using current technology.
deindustrialisation
the decline of regionally important manufacturing industries. the decline can be charted either in terms of workforce numbers or output and production.
internal migration
someone who moves from place to place inside the border of a county. globally, most internal migrants move from from rural to urban areas. in the developed world however, people also move from urban to rural areas as well.
urbanisation
an increase in the proportion of people living in urban areas.
economic migrant
a migrant whose primary motivation is to seek employment. migrants who already had a job may have to set off in search of better pay, more regular hours or a change of career.
refugee
people who are forced to flee their homes due to persecution, whether on an individual basis or as a part of a mass exodus due to political, religious or other problems.
intervening obstacles
barriers to a migrant such as a political border or physical feature e.g a desert or mountain.