Unit 3 EE JSS Flashcards
What does TOLKEN stand for?
Title, origin, label, key, even, neat
What are the 4 concepts?
Economy, Development, Innovation, Consumerism
Define Economy
The system of how money is made and used in a particular country. A system of making and trading things of value. The wealth of a country is measured by its economy.
Define Development
The act, process, or result of developing. Developing is defined as promoting the growth of, or to change over time.
Define Innovation
A newly introduced idea, product or method of doing something.
Define Consumerism
The promotion of the customers interests.
What is an LDC and an MDC?
LDC: Less developed country
MDC: More developed country
Why is it important that NZ has a relationship with Asia?
Because of tourism, tourism is NZ’s largest earner and most of the people visiting NZ are from Asia.
Bangladesh has how many hospital beds per 1000 people?
0.8 hospital beds per 1000 people
South Korea has how many hospital beds per 1000 people?
12.4 hospital beds per 1000 people
What is the main export of Bangladesh?
Clothing/textiles
What is the main export of South Korea?
Electronics
What kind of products do consumers want? Name 3.
- Fulfils their need for it
- Is in their price range
- Is easy to use
- Looks a certain way
- Is high quality
- Doesn’t harm the environment or the people making it
What is the Hallyu wave?
The hallyu wave is an innovation by the South Korean government to increase the global popularity of South Korea
What is the capital of South Korea?
Seoul
Literacy rate of South Korea
98.80%
Infant mortality rate of South Korea
1.859 deaths per 1000 live births
When did the South Korean ministry of culture start encouraging K-pop?
1993
When was Gangnam Style released?
2012
How many views for Dynamite in 24 hours?
101.1 million views in 24 hours
Name three things about K-pop training
Strict phone rules, no dating, strict diet plan
What is inside of a K-pop album?
Photocards, stickers, postcards, etc.
What is the percentage of women working in the RMG industry?
54%
How much is RMG contributing to Bangladesh’s exports in January 2023?
$5.1 billion NZD
When did the Rana Plaza collapse?
24 April 2013
How many people were killed in the Rana Plaza collapse?
1,134
How much money has H&M invested to develop the Green Machine?
100 million
What is soft power?
The non-physical power a country develops through its image, rather than through hard force. Such as a country’s global popularity.
What is the Hallyu wave as an innovation?
The Hallyu wave is an innovation by the South Korean government’s soft power strategy to spread their culture and increase their global popularity. It began in the 1990s.
What is K-pop?
K-pop is a genre of music originating in South Korea. It is influenced by many other genres of music.
Main training rules of K-pop?
Boys and girls must not interact with each other.
No phones.
Very strict diet plans.
Have to be under a certain weight
What is the K-pop formula? (4 steps)
Recruitment, training, localisation, marketing.
Define reverse-engineered.
Designed with the end product in mind first.
Define consumer preferences
What consumers want
Define Localisation
The process of making something local in character
Define manufactured
Produced on a large scale
What are the impacts of fandoms on the economy?
K-pop fandoms help to develop South Korea’s soft power as they are helping to bring K-pop into politics and wider society.
Is South Korea a LDC or an MDC?
MDC
Is Bangladesh a LDC or an MDC?
LDC
The garment industry takes up what percentage of Bangladesh’s exports?
80%
Bangladesh is the second largest country for clothing, who is the first?
China
How much money will a RMG worker get in a month when working 12 hours a day?
$95
What percentage of an article of clothing will go to the workers?
2%
What worth of money did Bangladesh lose during COVID?
$2.81 billion
How many workers in the RMG industry in Bangladesh in 2020?
4.3 million
What is fast fashion?
Fast fashion is the business model of replicating recent trends and quickly mass producing them at low costs, while it’s demand is highest.
What is the green machine?
It is a machine that uses heat, water and citric acid (5%) to separate poly-cotton fibers.
What is the cycle of development?
Higher GDP, more employment, more expendable income, more consumerism.