Flashcards in Global World Deck (12)
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1
What is globalisation
Globalisation is the growing connections between countries. People in one country are connected to those in another many different ways
2
TNCs
Transnational corporations - companies that operate in two or more countries. Nike Bt
3
Human factors of why TNCs have invested in asia
Large population to be workers
Good education system so people are educated
Speak English
Goverment supports investment from other countries
Good relationships with other countries
4
Physical factors of why TNCs invest in Asia
Good location near other countries for trade
Close to coast - easy to transport goods via ship
Doesn’t not suffer from natural hazard ( volcanoes)
5
Human advantages of impacts of TNCs
People in developing countries are given job opportunities
TNCs help a country develop as the wages get spent in the local area and improves wealth.
TNCs often invest in health or other facilities that improve lives
6
Human disadvantages of impacts of TNCs
Working conditions are not always very good.people work very long hours in poor conditions
There may be accidents as health and safety laws arnt good
7
Environmental advantages about the impacts of TNCS
Investment in a developing country might improve the natural environment
8
Environmental disadvantages of impacts of TNCs
Most products are now shipped from overseas and Thai increases co2 emissions
Sometimes there is conflict over natural resources in developing countries such as water
9
Advantages of globalisation in Asia
Improvements in standards of living
Job opportunities in new types of industry
Investments from TNCs improve infrastructure (road,airports,energy)
10
Disadvantages of globalisation in Asia
Loss of individual culture
Exploitation of workers
Environmental damage
Over reliance on TNCs - if they leave country suffers
11
Advantages of glaobalisation in the rest of the world
Wide range of cheap goods are now available
Improved international relations between countries
12
