the rise of Asia - lesson 2 Flashcards
What are TNCs?
a company that is located in two or more countries (HQ in a HIC and factories in an LIC)
Two reasons why TNCs have invested in Asia:
human factors and physical (natural) factors
Give some examples of human factors
large working population, well educated people, government supports investment, English speaking
Give some examples of physical factors
close to other countries to trade, close to coast so easy to transport goods by ship, limited natural hazards
What are NEEs?
countries that are starting to develop quickly and they often have a large amount of manufacturing industries
What are ‘tiger’ countries?
the countries in Eastern Asia that have seen the most growth
Give some examples of ‘tiger’ countries
Japan, Singapore, Thailand, Malaysia