Chapter 5: Why is there greater diversity? Flashcards
What does labour-intensive industries mean?
Industries needing a large workforce in relation to output such as factories, construction sites, shipyards.
What does brain drain mean?
the emigration of highly trained or qualified people from a particular country.
Singapore faced a situation of brain drain in the 1980s which resulted in the government wanting to attract foreign talents to Singapore then.
What does MNCs stand for?
Multinational National Corporations are large corporations that sets up offices outside of their own countries.
Examples: Google, Loreal, Yakun, MacDonald, Starbucks
What is the meaning of ageing population?
It means the proportion of older people in the population is increasing
What problems can low birth rate in a country result in?
Shrinking customer base for sale of products
Not enough manpower to operate
Singapore will become unattractive for business.
What are some reasons why Singapore wants to attract foreign manpower?
Short of manpower because of low birth rate
Need to attract talents because of brain drain
How do migrants and immigrants add to the diversity in Singapore?
They bring along their
cultures.
practices, and
customs.
Immigration policies _____ according to Singapore’s manpower needs.
Ans: change
We cannot have too many or too few foreign workers so immigration policies will change according to Singapore’s needs.
Which ministry handles the manpower in Singapore?
Ministry of Manpower
obvious uh.
MNCs are drawn to Singapore because of our ideal business environment such as..?
Stable government (no political instability)
Low crime rates
Administrative matters handled in a hassle free way
Clear and strict laws
Highly skilled labour pool (many people in Singapore are highly skilled due to good education system)
What does Gross Domestic Product (GDP) per capita mean simply?
GDP per capita = income per capita
which means the amount of incomer per person per year
What are the features of Singapore’s socio-cultural environment that attracts foreigners?
1) Safe environment - low crime rates, racial harmony
2) Availability of community support (example: Australia and New Zealand Association (ANZA)
3) Singapore’s Education System - well recognized and admired globally. (example: NUS and NTU are top universities in Asia)
