How have NCIs such as India benefited from globalisation Flashcards

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1
Q

China and India are…

A

NICs - Newly industrilaised Countries

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2
Q

What are the Advantages of TNCs in China?

A
  • Jobs
  • Can tax them and used them to develop China’s economy
  • New Skills
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3
Q

What are the Disadvantages of TNCs in China?

A
  • Pay low wages
  • Pollute the environment
  • Poor work conditions
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4
Q

Give a Case Study to show have NCIs benefit form globalisation

A

The growth of China

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5
Q

How haver China developed?

A
  • From agricultural to manufacturing
  • Produced a wide range of products
  • 3rd largest economy
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6
Q

Why does Nike have factories in China?

A
  • Cheap labour
  • Long working hrs
  • More relaxed of Health and Safety
  • Prohibition of Strikes
  • Tax incentives
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