Globalisation Flashcards

1
Q

Increases inequality in developing countries

-> unfair distribution of wealth and power

A

Against common belief companies employ skilled workers in poor countries and pay high wages
BUT unskilled workers don’t get opportunity to work for the company
-> inequality rises

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2
Q

Global market has become very competitive

-> customers want to buy good quality products at low cost

A
  • > outsourced jobs to low wage countries
  • workers in so called sweatshops (inhumane working conditions)
  • 2013 Bangladesh: Rana Plaza factory collapsed, more than 1000 workers were killed
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3
Q

Close links and collaborations between companies can be fatal

A
  • financial crises, start in the USA

- shows how quickly they can develop into a global crises affecting the economies of numerous countries

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4
Q

Polar ice will melt causing sea levels to rise

-> flooding coastal areas

A

100 inhabitants of Tegua Vanuatu had to abandon their island in Dec. 2005

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5
Q

Warme temperatures

A

More diseases
- Mosquitos like warm temperature
- the carry diseases like Malaria or Dengue
20-30% of plant and animal species are likely to be at increased risk of extinction

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6
Q

Development of planes, ships and trains

-> fast transportation of goods between countries

A

1343 arrivals and departures per day at Frankfurt international airport

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