geogrphy test Flashcards
memorise (14 cards)
what does TNC stand for
transnational corporation
what is the meaning of a TNC
not what it stands for
a TNC is a large national company who sells successfully world wide
what are characteristics of a TNC
company that works in at least 2 countrys
what are 3 raw materials
cotton
silk
wool
what is a primary industry
is the starting point with all industrial activity they involve growing+ extracting raw materials from the earth or the sea Eg farming or mining
what is a secondary industry
manufacturing of goods.
what is a territorial industry
involves providing services to people, for example a cleaner or a doctor.
what does profit mean
a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
what does revenue mean
income, especially when of an organization and of a substantial nature.
what does cost mean
the amount of money needed to make/buy something
working conditions for Indian cotton pickers
it is tiring, toxic to breath,very phisically demanding,and hot due to no air conditioning
who are the winners in global fashion
P:Winners in global fashion include the TNCs, transnational corporations.
Ex: for example, Nike.
E:As Nike is a large global organisation that may exploit poorly paid workers in LICs, who have a lower minimum wage than in other countries, brands like nike are making profit with this process.
L: Therefore TNCs like Nike overall are winners in the global fashion industry
who are the losers in global fashion
P: the workers in the LIC
Ex: for example workers in the Philippines
E: ppl in other country’s with a higher minimum wage are losing their job due to the industry closing down to go to other countrys however they are woking in porr conditions
L: overall they are lossers in global fashion
what condition are the wokers in LIC woking in
no ventilation, breathing in toxic substances, inhaling fiber dust or blasted sand in unsafe buildings which can cause later health
