Introducing Globalisation Flashcards
Key Issues Key Dimensions
1
Q
What is neo-liberalism?
A
During the 80’s:
- Free trade
- Growth
- Free markets without government interference
- Privatisation
- Governments provide support to advance market
- Trade barriers reduced
2
Q
Critique neo-liberalism
A
Exploitative of mass public
Wealth and power belong to elite
Exploits developing countries
