3 Economic Activity and Energy glossary

Question 1

Trans National Company (TNC)

Answer 1

Companies that operate in may countries around the world

Question 2

Foreign direct investment (FDI)

Answer 2

companies from one country invest in the operations in another country

Question 3

Informal economy

Answer 3

When people create their own employment without being registered by an employer e.g. shoe shine boy, fruit seller. There work has little or no security as they are working unofficially.

Question 4

what causes informal enployment sector to develop

Answer 4

When people create their own employment without being registered bu an employer e.g. shoe shine boy, fruit seller. There work has little or no security as they are working unofficially.

Question 5

urbanisation

Answer 5

increase in % of people living in urban areas.
this could happen because of rural to urban migration.

Question 6

Overpopulation

Answer 6

population numbers exceed resources- this is unsustainable.​

Question 7

Underpopulation

Answer 7

resources exceed population numbers- this is a rare situation.​

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Question 8

Optimum population

Answer 8

population and resources are in a balance which is susitanable