patterns of production, distribution and consumption Flashcards
what has globalisation created in terms of labour?
an international division of labour
- highly skilled, highly paid, decision making, research management, developed countries
- the unskilled, very poor, manufacturing, less developed
why has the division of labour undergone changes in the last 40 years?
the countries that were associated with the unskilled have built their own manufacturing businesses and commercial bases and spread their wings globally to create newly emerging countries
in 1954 what percentage of manufacturing was concentrated in western europe, japan and north america?
94%
why has the amount of manufacturing decreased in the western world?
competitive labour prices in developing countries has allowed companies to manufacture there for less money
what is global shift?
where manufacturing industry is moved from a medc to a ledc
what is a consequence of global shift?
it has lead to the deindustrialization in many developed countries
meaning loss of jobs in that sector
how much did UK manufacturing employment fall by in the past 30 years?
50%
what % of all manufacturing jobs are in developing countries?
50%
what else do large TNCs gain from moving manufacturing into different countries?
the can remove trade barriers such as tariffs
why are the trends such as global shifts changing?
due to the increase of NICs
populations are becoming more affluent and starting to demand same as developed countries
what is likely to drive trade patterns in the future and why?
consumption is likely to drive trade more that the production location
due to the increase growth of asia and china
