LAST MINUTE PAPER 2 Flashcards
What is Globalisation?
The increasing interconnectedness of the world through flows of goods, services, people, capital & information.
What are the factors driving Globalisation?
- Technology (internet, mobile, transport)
- TNCs (outsourcing, global supply chains)
- Trade blocs (EU, NAFTA)
- International organisations (IMF, WTO, World Bank)
Who are the winners of Globalisation?
- NICs (e.g., China, India)
- TNCs
- Global consumers
Who are the losers of Globalisation?
- Exploited workers
- Environmental degradation
- Rural communities
What is the Global Shift?
The movement of manufacturing industry to Asia (e.g., China, Bangladesh).
What are the positive impacts of the Global Shift?
- Economic growth
- Urbanisation
- Higher wages
What are the negative impacts of the Global Shift?
- Exploitation
- Pollution
- Deindustrialisation in HICs (e.g., Detroit)
What are the measures of development?
- GDP
- HDI
- Gini coefficient (inequality)
What is an example of a winner in Globalisation?
China’s rapid economic growth.
What is an example of a loser in Globalisation?
Rural African communities left behind.
What are the two approaches to managing Globalisation?
- Protectionism
- Free Trade
What is Localism?
Initiatives like Transition towns and Fairtrade.
What defines a Place?
Place = Location + Meaning.
What are the two perspectives on place?
- Insider perspective
- Outsider perspective
What are Endogenous Factors?
Internal factors such as land use and demographics.
What are Exogenous Factors?
External factors such as migration and investment.
What is a consequence of Globalisation on place identity?
Homogenisation leading to clone towns.
What is Gentrification?
The process of renovating and improving a district so that it conforms to middle-class taste.
What is Regeneration?
The improvement of a place through investment and development.
What influences the perception of place?
Media representation, including films, news, and art.
What are the two types of data used for place perception?
- Quantitative Data
- Qualitative Data
What is the Demographic Transition Model (DTM)?
A model that describes the transition of a country from high birth and death rates to low birth and death rates.
What characterizes Stage 1 of the DTM?
High birth rate and high death rate.
What characterizes Stage 5 of the DTM?
Low birth rate, low death rate, and an ageing population.