Idol India Isle vocab

Question 1

Define

Globalisation

Answer 1

How the world is becoming better connected through transport, communication and culture as technology improves.

Question 2

Define

Outsourcing

Answer 2

Moving of jobs and industries to out of European and N.American countries to Asia

Question 3

Define

Knowledge economy

Answer 3

Jobs that require education or training to a high level such as software or IT

Question 4

Define

Rural periphery

Answer 4

Isolated areas in the countryside where incomes are lower.

Question 5

Define

Urban core

Answer 5

Well connected urban areas where incomes are on average higher.

Question 6

Define

Megacity

Answer 6

A city of over 10 million people.

Question 7

Define

Exploit

Answer 7

Take advantage of an environment, people or a resource.

Question 8

Define

FDI

Answer 8

Foreign Direct Investment is when once country invests in another country to gain access to resources, new markets and gain profits. India opened-up to FDI in 1991

Question 9

Define

Slumdog

Answer 9

A derogatory term given to someone poor living in unplanned housing in a megacity

Question 10

Define

Destiny

Answer 10

The idea that your actions are predetermined