Globalisation - Mock

Question 1

What are the benefits of free trade

Answer 1

• free trade reduces taxes/ tariffs and quotas which help to remove regulations from businesses, enabling global production and trade of goods and services

Question 2

What are some costs of global shift

Answer 2

• Deindustrialised regions face depopulation, crime and high unemployment (Rust belt)
• Issues with rapid migration to megacities with overcrowding as provision of housing and services is exceeded by numbers
• Long hours and exploitative work means social problems occur
• Families may be divided leaving elderly and children isolated in rural areas

Question 3

What are some of the benefits of global shift

Answer 3

• Waged work, poverty reduction, education and training, spending on health, improved housing services to Asia
• Places where industry and services locate have benefits through outsourcing of TNCs
• Jobs created, infrastructure improved and wealth can trickle down through the region and communities leading to social benefits
• Places loosing industry will have a decrease in population with better health and environment