YEAR 9 Globalisation Flashcards

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1
Q

Define globalisation

A

The way the world is becoming more interconnected

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2
Q

Define TNC

A

Transnational companies

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3
Q

Define trade

A

The exchange of goods between two different countries

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4
Q

Define aid

A

Any form of help given from one country to another.

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5
Q

Define import

A

Bringing a product into a country from another country

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6
Q

Define export

A

Sending a product from your country to another country.

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7
Q

Why have containers been so important in increasing globalisation?

A

Containers have made shipping and transporting goods quicker and cheaper, which has benefited both consumers and companies. It has also brought the price of goods down, and has encouraged more interdependence globally.

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8
Q

What are the Millennium Development Goals?

A

8 goals created by the United Nations in order to try and improve the state of the world.

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9
Q

Define interdependence

A

Countries relying on each other for key goods or services.

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10
Q

Define the primary industry

A

The type of employment which involves the extraction of raw materials.

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11
Q

Define the secondary industry

A

The type of employment of turning raw materials into a new product to be sold.

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12
Q

Define the tertiary industry

A

The type of employment focused on delivering a form of service.

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13
Q

Define inequality

A

Where people don’t have the same rights and opportunities as others do.

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14
Q

List some general factors on TNCs:

A

Their headquarters are found in high income countries, and their production centres and factories are found in lower income countries.
TNC stands for transnational companies.

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15
Q

List some positive factors about TNCs:

A

Provide cheaper goods for consumers and it becomes cheaper of the companies.
Economic growth.
Technological developments and advancements for the rest of the world.
Increased global trade
Encourages the increase of knowledge transfer.

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16
Q

List some negative facts about TNCs:

A

Causes exploitation including cheap labour, sweat shops, law wages e.t.c.
Has a negative environmental impact.
Causes cultural homogenisation.
Causes job displacement.
Causes economic dependence between countries.
Causes market dominance, causing small businesses to shut down.
Causes social inequality.

17
Q

Name 2 countries which export a lot of manufactured goods.

A

China and Germany

18
Q

Give 2 reasons why the UK imports manufactured goods.

A

It allows the UK to access a wider variety of products, and it is beneficial to the growing economy.

19
Q

Explain why China imports raw materials.

A

Helps to encourage economic development, it can be cost effective and it helps to be able to manufacture other goods to sell.

20
Q

Give 3 reasons why research and services are based in HICs (high income countries).

A

They have well developed infrastructure, they have a strong educational system and research institutions and they have stable economies.

21
Q

List some facts about the TNC Nike:

A

First formed in 1964
First known as Blue Ribbon Sports, then Nike in 1971.
30,000 employed directly through the company.
Their yearly income in 2013 totalled $25 billion.
Headquarters are found in Oregon, USA.

22
Q

What is Bi-Lateral aid?

A

Aid given directly from one country to another.

23
Q

What is emergency/short term aid?

A

Aid given quickly at times of war or natural disaster.

24
Q

What is tied aid?

A

Aid that must be used by the receiving country to buy goods or services from the donor country.

25
Q

What is bottom up aid?

A

Development work that starts work at the grass roots level.

26
Q

What is Fairtrade?

A

It’s about giving people who produce the things consumers buy, like fruit or vegetables, a fair price for their work. These workers are typically found in low income countries with a very small daily wage.

27
Q

How does it help farmers in poorer countries?

A

Helps them diversify where there is overproduction, it pays farmers more for their produce so they can make a decent living from it.

28
Q

What are the key aspects of globalisation?

A
29
Q

Why is trade unfair

A

Takes advantage of the poorer countries and benefits the richer countries causing a greater social imbalance on the rich and the poor