india Flashcards
(18 cards)
population
1.4 billion
is it an hic, lic or nee
nee
economic growth
GDP is increasingly growing making it a global economic power - this means a growing middle class - meaning better quality of life
daily wages increased by roughly 42 rupees since 2010
major growth in the … sector
tertiary - IT
prviously mainly … but now moving towards industry and …
agricultrual - services
increased trade links with countries such as …, …, …
UK, USA, China
investment from TNC’s has created…
millions of jobs
member of …
BRICS - this boosts trade - increasing exports and boosting economy
economical challenge
huge wealth inequality
environmental challenge
economic growth leads to deforestation and air pollution
dehli has the worst air pollution in the world
overcrowded cities
slums, traffic, poor housing
An example of a TNC in a NEE
ok
An example of an NEE
ok
what is a TNC
a company that operates in more than one country
advantages of TNC’s
jobs - Unilever provides 16k jobs
TNC’s have to pay tax of roughly 40 percent
Unilever has worked with charities to improve sanitation for over 140 million people in India
disadvantages of TNC’s
some profits leave india e.g. Unilever is a dutch - british company
TNC’s may re locate factories to areas with tax breaks incentives so jobs are unreliable
environmental - air and water pollution
relationship with the wider world
pakistan and india and china disagree about who owns what land which could lead to tension
trade agreements - asia - pacific trade agreement with various countries, boosting trade