topic 2 - Global world key words Flashcards
1
Q
exploitation
A
to take advantage of or mistreat someone or something
2
Q
interconnected
A
when places become linked together by globalization
3
Q
manufacturing industry
A
a company that makes something e.g. a car or clothes
4
Q
multiplier effect
A
the positive benefits that come from investment in a place e.g. more jobs -> increased income
-> more spending -> more shops
5
Q
NEE
A
newly emerging economy - a country that is starting to grow its economy and get richer
6
Q
outsource
A
when a TNC gets another company to produce something for it
7
Q
trade
A
buying or selling goods
8
Q
TNC
A
transnational corporation - a company that is located in two or more counties e.g. McDonalds , Apple
9
Q
globalisation
A
the growing connections between countries
