GLOBALISATION - LESSON 5 - WINNERS AND LOSERS OF GLOBALISATION Flashcards
What is the global economic shift
Shift/change of industry from primary and secondary to tertiary and quaternary
What is Agglomeration of industry
Location of businesses near each other
What are footloose businesses
Businesses that aren’t tied down
When did the growth in China start and how
December 1978 with an ‘open door’ policy
introduced 4 SEZs
What are the benefits to China from globalisation
Infrastructure investment - 2016 longest high-speed rail system was completed
Waged work - Employees work an average of 40 hrs a week
Poverty reduction - reduced by 680 million between 1981-2010
Education and training - in 2014, 7.2 million students graduated from University
What are the disadvantages to China from globalisation
Loss of productive land - 16 million acres lost to urbanisation in the last 20 years
Unplanned settlements - initially a large rise in slum areas, notably the Kowloon walled city. Now China claims not to have any slum areas
Environmental and resource pressure - 100 cities suffer with extreme conditions and 360 million students done have access to safe drinking water
What percentage of China’s rivers and lakes polluted
70%
What percentage of China’s farmland is suffering land degradation
40%
What are the disadvantages to the environment of globalisation in China
Air and water pollution
Land degradation
Over-exploitation of resources - oil, coal, iron
Loss of biodiversity