Risks Of Economic Interdependence

Question 1

Why is interdependence bad?

Answer 1

A shock in one country can spread quick to another county especially is its a banking system.

Question 2

Financial crisis in east Asia 1990

Answer 2

Due to collapse of small Japanese banks.

Question 3

Positives of interdependence.

Answer 3

Greater sharing of lifestyle/ traditions/ foreign culture / music.

Question 4

What has the over standardisation of good led to ?

Answer 4

Increase in cultural homogeny.
Damaged individual traditions.
Less diversity.
One corporate identity.

Question 5

Strategy to offset standardisation ??

Answer 5

Glocalisation.

Thinking globally but acting locally to reduce threats of cultural dilution.

Question 6

Increased awareness of global news events.

Answer 6

Positivly inform on issues like climate change.

But also negatively like propaganda.

Question 7

More movement and use of rescources means ????

Answer 7

Worlds population is putting pressure on earths finite resources.

Question 8

More transportation =

Answer 8

More co2

Question 9

Deselection of ….

Answer 9

Natural resources

Question 10

Weak or non existent controls on ..

Answer 10

Pollution , air , land and rivers

Question 11

Packaging leads to

Answer 11

Waste

Question 12

IMF enforced cuts what did this do ?

Answer 12

Reduced many nations spending on environment.

Question 13

More movement =

Answer 13

More spread of disease .