Global Winners And Losers Flashcards

(29 cards)

1
Q

What is effected by winners and losers (who/what is the winner or loser)

A

Both people and the physical environment

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2
Q

Winners

A

Benefit from globalisation

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3
Q

Loser

A

Lose out due to globalisation

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4
Q

Where had the global economy shifted to

A

Asia

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5
Q

Economic dominance trends

A

Most of 19th century Europe controlled the global economy, after Second World War the USA took over greater economic power

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6
Q

Global shift

A

The majority of industrial activity has shifted from one part of the world to another

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7
Q

Global shift in manufacturing (1950)

A

Low tech products such as toys and textiles started being manufactured in the first Newly Industrialised Countries (NIC)
This was due TNCs wanting to cut their costs by moving their operations overseas to make use of cheep labour

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8
Q

Outsourcing due to services

A

Global businesses need business services to operate, these need to be 24 hours a day without large increases for labour costs, improvements in communication allowed workers in distant countries to communicate with customers

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9
Q

Global shift impact in chinas economy

A

It has driven mass economic growth

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10
Q

Why is there lowered production costs in china

A

Their large population offered supply for cheaper, often well educated labour to the global manufacturing sector

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11
Q

Working conditions in china

A

Initially they were very poor and dangerous in the factories, however due ti their regular and attractive wages, jobs in factories caused large scale rural to urban migration, searching for new jobs in manufacturing hubs such as Shenzhen

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12
Q

FDI

A

Foreign Direct Investment

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13
Q

Why did major brands set up in china (apple)

A

As FDI flowed into china it was able to invest in greater industrial infrastructure and higher level training for workers, making china an attractive manufacturing destination fort higher order goods such as consumer electronics

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14
Q

India

A

Huh for outsourcing due to large number of youthful graduates

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15
Q

What are three of the benefits of global shift

A

Infrastructure investment
Education, training and healthcare
Waged work and poverty reduction

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16
Q

Infrastructure investment - benefit of global shift

A

Greater investment in transport and energy infrastructure in Asian countries ( the capacity of the Shenzhen port has increased so that it can now have more ships berthed), new power stations are also being built in China to meet the energy demands, (Longyangxia Dam Solar Park)

17
Q

Education, training and healthcare - benefits of global shift

A

Increased national revenues through industrial growth leading to increased investment in schools and healthcare, more children are able to complete schooling resulting in higher literacy rates and more people seeking graduate level qualifications

18
Q

Wages work and poverty reduction - benefits of global shift

A

Asia, mostly china have seen a rise in the wealth of its citizens, wages work had allowed people to have greater levels of disposable income, creating a rise in the number of people in the middle classes and fewer people living in poverty, (percentage of people in china living on less than $2.15 a day dropped from 72% in 1990 to 0.7% in 2017), Remittance payments have spread this wealth beyond the immediate earner

19
Q

Land degradation- envo problems

A

Growing pressure on land resources is causing land degradation, demand for industrial space has led to increased deforestation and a loss of productive land, agricultural land is farmed more intensively which can cause soil erosion and desertification

20
Q

Over exploration of resources - envo problems

A

Resources such as minerals, energy and water are being over exploited and used at an unsustainable rate

21
Q

Loss of biodiversity - envo problems

A

Loss of natural habitats means loss of biodiversity, rate pollution is also responsible for the loss of species as pollutants enter and disrupt food chains

22
Q

Urbanisation - social problems

A

Widespread rural to urban migration has led to rapid urbanisation putting pressure on urban infrastructure and resources, limited housing in cities has led to illegal unplanned settlements being built

23
Q

Pollution - envo problems

A

High levels of air and water pollution, reduced environmental monitoring in some counties makes them attractive locations for companies who wish to focus on profit rather than environmental accountability

24
Q

Urbanisation

A

The growth olin proportion of people living in urban areas

25
Deindustrialisation
The closure of manufacturing industries due to autimstion and increased competition from overseas
26
Unemployment and depopulation - developed countries issues
More likely to be higher levels of unemployment as industries close, people may move out of the city to find work causing depopulation, residential properties may lose value as demand decreases, spiral of decline
27
Crime - developed countries issues
Post industrial areas are more likely to experience crime increased drug use and antisocial behaviour
28
Dereliction and contamination - developed countries issues
Former industrial sites are iften left empty as no new industries can be found to occupy them, leading to high numbers of derelict buildings and large areas becoming eyesores
29
Detroit car industry collapse
In 1970 car industry collapse led to 30% of buildings in the city becoming vacant, in 2020 around 27% of residential buildings were still vacant