globalisation overview (all eqs) Flashcards
whats privatisation
the transfer of a business, industry, or service from public to private ownership
whats free market liberation
Trade liberalization is the removal or reduction of restrictions or barriers on the free exchange of goods between nations. These barriers include tariffs
examples of why countries remain switched off
- if a country is excluded from trade blocs
- if a country is run by a dictator
- if there are a lack of skilled workers, FDI wont occur so it remains switched off
negatives of global shift on developed countries
- dereliction
- contamination
- depopulation
- crime
- high unemployment
what things are responsible for spreading culture
- TNCs
- global media corporations
- tourism
- migration
what can global diffusion lead to in developing countries
- leads to a growing meat consumption-> more forest is cleared for cattle ranches
- leads to western attitudes-> growing exploitation of the environment
examples of global diffusion benefitting disadvantaged groups
- Paralympics
- LGBT community
what does the economic sector balance look at
-looks at the proportion of the working population who works in each sector
what does the composite measure HDI measure
-measures countries based on GDP, life expectancy (health) and working population who work in each sector
what is globalisation measured using
the Gini coefficient- its a measure of income inequality between 0-100 , the higher the number, the greater the level of inequality
whats diaspora
the spread of a group of people form their original homeland
give an example of a political tension
- concerns over migration lead to some people voting to leave the UK
what are ways countries prevent spread of globalsiation
- China and North Korea- they have prevented the spread of globalisation through censorship
- some places have limited migration through the 5 tier point system
examples of groups trying to retain global culture
-The first nations in Canada who have sought to control their culture and physical resources -> the first nations are the indigenous people of Canada- their land was taken away from them and never returned-> protested against exploitation of resources by Canada - their land was taken away from them and never returned-> protested against the exploitation of resources by Canada
what is Local sourcing
the response to the ethical and environmental concerns about unsustainability of globalisation
what are the benefits of local sourcing
a higher income for local producers which can circulate in the local economy through the multiplier effect + an increased sense of community if people are aware of where their food comes from +reduces greenhouse gas emissions through reducing food miles of products
what are the disadvantages of local sourcing
- local products can be more expensive as a result of higher costs of labour and land - if local products are grown in a heated greenhouse then the environmental benefits of lowering food miles is lost
what does Fairtrade aim to do
- aims to reduce environmental degradation, inequalities of global trade and improve working conditions for some people, its socially responsible however products are more expensive
what initiative within Britain is present to make to reduce resource consumption
keep Britain tidy-> helps with a circular economy
