KEY WORDS Flashcards
1
Q
exploitation
A
to take advantage of or mistreat someone or something
2
Q
interconnected
A
when places become linked through globalisation
3
Q
manufacturing industry
A
a company that makes something e.g. a car or clothes
4
Q
multiplier effect
A
the positive benefits that come from investing in a place e.g. more jobs -> increased income -> more spending -> more shops
5
Q
NEE
A
Newly Emerging Economy - a country that is starting to grow its economy and get richer
6
Q
outsource
A
when a TNC gets another company to produce something for it
7
Q
trade
A
buying or selling goods
8
Q
TNC
A
Transnational Corporation - a company that is located in 2 or more countries
9
Q
globalisation
A
the growing connections between countries around the world through trade, travel and communications
