globalisation t1 Flashcards

1
Q

what is globalization

A

the variety of ways in which a place becomes more connected than it use to be

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2
Q

what is a down side to globalisation

A

too much migration across political borders

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3
Q

give 3 examples of economic globalisation

A
  • growth of tncs- accelerates cross border exchange of money goods and culture
    -informational and communication technology allows tncs to set up firms in many parts of the world
    -online purchasing from other parts of the world threw companys like amazon
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4
Q

give 3 examples of social globalisation

A
  • international migration pepole moving in increases ethnic diversity in a city/ country and makes it become more multi cultural
  • global improvements in health care and education leads to increase life style and life expectancy
    -social inter connectivity due to improvements in technology like phones the internet and social media
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5
Q

give 3 examples of social globalisation

A
  • western culture dominating territories Americanisation and macdonaldisation
    -globalisation is when old cultures merge and integrate with globalising influence
    -higher spreading of information and media across the internet, social media and news
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6
Q

china’s open door policy

A

-1978 china opens it doorto the rest of the world for trade
- china became the top trading nation in 2013

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7
Q

what are the roles of TNCs in globalisation

A
  • out sourceing materials ad work to local companies in an country
    -selling products in new markets
    -changing local cultures and tastes
    competition for lower labour costs
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8
Q

karachi case study

A

mega city
50% of population live in slums made of waste
75% work in informal economy
city dosnt recive much tax and governance is very corrupt which leads to problems like waste and sewage not being sorted out due to no funding and no one bothering

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9
Q

what is elite migration

A

wealthy individulas entering a country to live with benfits of a fincaial hub and good life style(russian oligarcs in london 250b investment in london between 2004 and 2013

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10
Q

what is low wadge migration

A

many moving illegally or legally to find work and a better life

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11
Q

what is cultural eros

A
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12
Q

HDI

A

human development index- includes economic and social factors

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13
Q

GII

A

gender inequality index

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14
Q

losers of globalization

A
  • environment - deforestation, global warming
  • manufacturing communities (red car cleavland steel plants)
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15
Q

winner globalization

A

TNCS- cheaper labour and more influence
emerging countries receive investment and jobs which boosts economic activity and standard of living

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16
Q

censorship china

A
  • internet blockers
    -imprisonment of journalist and protestors
  • citizenship rating china
17
Q

what is a transition town

A
  • community trying to stop the negative effects of global warming
18
Q
A