The internet and single-product economies

Question 1

What percentage of internet users in the world are from China?

Answer 1

25% (650 million in 2015)

Question 2

Why is the internet the embodiment of globalisation?

Answer 2

allows the flows and sharing of money, ideas and technology across the world

Question 3

What is the ‘great Firewall’ system set up by the Chinese government?

Answer 3

started in the later 1990s, and works by blocking foreign websites

Question 4

What is the ‘Golden Shield’ system set up by the Chinese government?

Answer 4

a system of domestic surveillance set up in 1998 for fines, arrests and lawsuits

Question 5

Why is China’s connection to the outside world important?

Answer 5

for trade links with HICs

Question 6

Why should have Nigeria done well from globalisation?

Answer 6

its oil and gas reserves

Question 7

What type of economy is Nigeria an example of?

Answer 7

a single product economy

Question 8

oil and gas accounts for more than __% of Nigeria’s national income?

Answer 8

80%

Question 9

How has Nigeria’s focus on oil alone for their income, impacted them?

Answer 9

has resulted in a dramatic decline in the traditional industries of agriculture and manufacturing

Question 10

Why has Nigeria not done well from globalisation?

Answer 10

they had neither the technology or the skills to exploit the oil so the worlds major oil companies developed the oil reserves in Nigeria