Global World Flashcards

(12 cards)

1
Q

What is globalisation

A

Globalisation is the growing connections between countries. People in one country are connected to those in another many different ways

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2
Q

TNCs

A

Transnational corporations - companies that operate in two or more countries. Nike Bt

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3
Q

Human factors of why TNCs have invested in asia

A

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

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4
Q

Physical factors of why TNCs invest in Asia

A

Good location near other countries for trade
Close to coast - easy to transport goods via ship
Doesn’t not suffer from natural hazard ( volcanoes)

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5
Q

Human advantages of impacts of TNCs

A

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

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6
Q

Human disadvantages of impacts of TNCs

A

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

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7
Q

Environmental advantages about the impacts of TNCS

A

Investment in a developing country might improve the natural environment

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8
Q

Environmental disadvantages of impacts of TNCs

A

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

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9
Q

Advantages of globalisation in Asia

A

Improvements in standards of living
Job opportunities in new types of industry
Investments from TNCs improve infrastructure (road,airports,energy)

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10
Q

Disadvantages of globalisation in Asia

A

Loss of individual culture
Exploitation of workers
Environmental damage
Over reliance on TNCs - if they leave country suffers

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11
Q

Advantages of glaobalisation in the rest of the world

A

Wide range of cheap goods are now available

Improved international relations between countries

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12
Q

Disadvantages of Impacts of globalisation in the rest of the world

A

Job losses in developed countries
Some countries are left out of investments from TNCs
Increased climate change from transport goods worldwide

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