May Exam Flashcards
What is globalisation
The way ideas, lifestyles and culture spread around the world
What is a TNC
A transnational corporation is a company that has branches in many countries
The headquarters will ally be based in medcs
What is Fairtrade
Trade between 2 companies in developed countries and producers in developing countries in which fair prices are paid to the producers
How does fairtrade help the poorer countries
Products are bought directly from the producer
The middle men that soak up the profit are removed
The working conditions of the producers are monitored
Shorter working week, more breaks
Better housing and education
What is trade
The exchange of goods and services between one country another
What is an export
Goods sold to another country
What is an import
Goods bought into a country
What is balance of trade
The difference between the country’s exports and imports
What is a trade block
When some country’s group together to make trade cheaper and easier between them
What is aid
Lending assistance to countries or communities who are in need
3 types of aid
Bilateral
Multilateral
NGO’s
What is bilateral aid
Involves 2 countries
It is between 2 governments
What is multilateral aid
Involves many countries giving aid to one country
It is between more than 2 governments
3 advantages of aid
Potential to save lives
Helps countries health care develop
Rebuild an area after disaster
3 disadvantages of aid.
Risk of corruption
Aid can be tied or in the form of a loan which can be expensive to pay back
Some countries become dependant on aid
What is an ecosystem
A community of plants and animals living and interacting with the environment in which they live
4 examples of fragile ecosystems
Coral reefs
Rainforests
Polar ice caps
Grasslands
3 benefits of coral reefs
Protect shores from the impact of waves and storms
Provide benefits to humans in the form of food and medicine
Provide economic benefits to local communities from tourism
5 of the most damaged and under threat coral reefs
Caribbean Sea East China Sea Australia Middle East Indian Ocean
Global threats to coral reefs
- costal development
- over fishing
- inland pollution
- global climate change
- ocean acidification caused by some of the excess carbon dioxide emissions being absorbed by the worlds oceans
5 ways to protect coral reefs
Plant trees Water fences Use less water Reduce your carbon footprint Ban fishing in certain areas
What is a rainforest
A tall dense jungle
Climate is very hot and humid
How many species of animals and plants
30 million
Where are rainforests found
5’ north and south of the equator
Largest are in Brazil, Zaire and Indonesia
