unequal flows of technology

Question 1

where does design and research occur?

Answer 1

HICs

Question 2

why do companies wish to invest in LICs?

Answer 2

the benefits they get from technology leads to capital gains

Question 3

where is a lot of consumer technology manufactured? but where is most of it distributed?

Answer 3

LICs

HICs

Question 4

how much more of chinas electrical imports does the EU receive?

Answer 4

ten x

Question 5

what are benefits of unequal flows of technology?

Answer 5

LICs economies can develop through investment increasing employment. this also strengthens trade deals between HICs and LICs

companies can maximise profits by offshoring production

technological innovation lead to the development of beneficial technological advancements so consumers get better products

Question 6

what are problems of unequal flows of technology?

Answer 6

HICs develop rapidly leaving LICs behind. LICs cant afford the technology that could advance their economy and improve quality of life

injustice to employees receiving very little money compared to what products are sold for as companies make large majority of profits

HICs lose manufacturing jobs when companies invest in technology in LICs

Question 7

china is the biggest smartphone producer but how much of the population has a smartphone compared to the usa?

Answer 7

china only 55% of the population has smart phones

usa 77%