Globalisation

Question 1

What is Globalisation?

Answer 1

The growing connections between countries. People in one country are connected to those in another country in many different ways.

Question 2

What does NIC stand for?

Answer 2

Newly industrialised country: a country that has developed very quickly e.g. India, China, Indonesia

Question 3

What does RIC stand for?

Answer 3

Recently industrialised country: a country which has recently been developed e.g. India, China

Question 4

What does BRIC stand for?

Answer 4

Brazil, Russia, India and China: the 4 countries which are developing quickly

Question 5

Which countries are known as the Asian Tigers?

Answer 5

South Korea, Singapore, Indonesia, Hong Kong: 4 countries that developed quickly during the 1980s/1990s

Question 6

What are the 4 main types of industry?

Answer 6

Primary- a job that involves taking natural resources from the earth e.g fishermen, farmers, miners

Secondary- a job that involves creating or manufacturing something e.g. Seamstress, car manufacturer, the steel production

Tertiary- a job that involves service to other people e.g. Teacher, chef, office worker, nurse, doctor, shop worker, mechanic

Quanternary- a job that involves high skills such as ICT or research and development e.g. Computer programmer, research scientist

Question 7

What are TNCs?

Answer 7

Transnational Corporations- Companies that operate in more than one country. E.g. Apple, McDonalds, Nike.

Question 8

How have TNCs increased globalisation?

Answer 8

• The wages of workers in NICs are usually lower than TNCs. TNCs save money by employing, so they would gain more profit.
• Having factories world wide means that there is more customers to sell products to.
• Some Developing countries don’t have strict health and safety standards, which allows TNCs to employ people to work harder or not have everything to meet the environmental guide lines.

Question 9

What are the impacts of TNCs on the environment and people?

Answer 9

Advantages:
People-
People are given job opportunities in developing countries.
TNCs boost the economy.
Money earned from the profit can help the country develop by improving health care or other facilities.

Environment-
The investments of a country gained could be used on improving the environment.

Disadvantages:
People-
Working conditions are not always very good with long hours, poor treatment and no safety hazards.
Wages are not always fair.

Environment-
Products shipped or flown increase the amount of carbon dioxide emitted.
There are sometimes conflict between countries over natural resources.