Superpowers Flashcards
Hard and soft power, alliances, IGOs and global influence
What is a superpower?
A country with dominating power and influence
3 types of superpowers
- Hegemon
- Emerging power
- Regional power
What is a hegemon?
A supreme power or a country which is dominant over others. Their power extends to several different countries
Which 1 country claims to be a hegemon?
USA
What is an emerging power?
A country that has increasing power but is not yet dominant
Examples of emerging powers
Brazil, India, Russia, China (BRIC nations)
What is a regional power?
A country that exerts influence over other countries in the same region
Examples of regional powers
In Asia, China and India are regional powers and may potentially become superpowers
What is economic power?
The size and influence of a country’s economy
3 largest economies in the world
USA, China, Japan
The world’s top 10 economies have __% of the global GDP
65%
World’s five largest economies
USA, China, Japan, Germany, UK
Why is it important that superpowers have strong currencies?
People want to invest into a currency which is considered ‘safe’ with minimal risk
What is the most powerful currency in the world?
US dollar
Why do superpowers get lots of FDI?
Investing in a TNC is much more likely to make profit in a superpower because the consumer market is so large
Example of a TNC from China?
Alibaba group
Why do superpowers tend to be large countries?
- Large area spreads its influence further
- Access to more natural resources
What are some smaller superpowers?
UK, Japan
Arguably their empires helped to spread their influence
What is the world’s largest country (by land)?
Russia
How many people live in Russia?
145m
What percentage of the world’s landmass is Russian territory?
11%
Why is it important that Russia has access to the Arctic
Access to untapped natural resources
What is the name of the state-controlled oil company in Russia?
Rosneft
What is the 3rd largest country on Earth by land mass?
USA