Key words in Globalisation Flashcards
1
Q
NIC
A
Newly Industrialised Country- A country which has developed very quickly i.e. India, China, Indonesia
2
Q
RIC
A
Recently industrialised country- A country which has recently developed i.e. India, China
3
Q
BRIC
A
Brazil, Russia, India and China- Name given to the 4 countries that are developing quickly
4
Q
Asian Tigers
A
South Korea, Singapore, Indonesia, Hong Kong- 4 countries that developed very quickly in the 1980s/1990s.
5
Q
TNCs
A
Transnational corporations: Companies that operate in two or more countries e.g. Nike, BT, McDonalds, Disney, Apple
6
Q
What is globalisation
A
Globalisation is the growing connections between countries. People in one country are connected to those in another in many different ways
