end of year Flashcards
(33 cards)
globalisation
the way the word is becoming more interconnected
good reasons for social media
instant and cheap communication and connection with the world
bad reasons for social media
fake news
causes of shrinking world
phones
internet
flights
cars
telephone
TNC
trans national corperation
how they work
headquarters in rich countries. manufacturing in poor countries
benefits of TNCS
brings in wealth
improved infrastructure
employment
development
problems with tncs
environmental issues
sweatshops
poor conditions
local companies driven out of business
nike case study
indonesia factory
Nike hours
up to 15 hours 6-7 days a week
Nike wages
65 p a day (one meal, drink and soap)
Nike rubbish
piled up - chemical fumes can cause cancer
Nike workers homes
9x9 ft cement. no funiture. hot
Trade
the action of buying and selling goods and services
fair trade
trade between companies in developed countries and producers in developing countries in which fair prices are paid to the producers
how shipping containers affect world trade
economies interconnected
safer
quicker
cheaper
intermodal
how trade is unfair
BANANA TRADE
worker : 3p
shops and suoermarkets: 13p
Aid
any form of help given by one country to another
short term aid
help to solve immediate problems
long term aid
help given to rebuild the area and peoples lives
emergency aid
money food goods and services given at time of DIRE NEED
Food aid
edible commodities donated to needy populations
Multilateral aid
aid that is given by a number of organisation and countries
Tied aid
foreign aid that must be used IN THE DONOR COUNTRY to buy goods FROM THE COUNTRY GIVING AID