Paper 2 Human Geography-section C Globalisation Flashcards
(13 cards)
Birth rate
The number of live births in a population per year per 1000 population
Death rate
The number of deaths in a population per year per 1000 population
Natural change
The balance between birth rate & death rate in a population
Net migration
The balance between the number of people entering and the number of people leaving a country or region
Globalisation
A primarily economic process by which the countries of the world are being gradually drawn into a single global economy of market
What is the result of globalisation?
Results in countries becoming increasingly interconnected and interdependent
Meaning economic deceptions and economic activity one part of the world can have important effect on what happens in other parts of the world
What has changed in recent decades is the scale of international trading and of the other economic links
What has changed in recent decades is the scale of international trading and of the other economic links
What four significant developments have helped this scaling up?
-the emergence of large transnational corporations (TNCs)-operating in a number of countries and often involved in a variety of economic activities
- the growth of regional economic trading blocs- a group of countries drawn together by trade agreements promoting free trade between them e.g. The European Union (EU) and the North American free trade agreement (NAFTA)
- the development of modern transport networks
the workings of the global economy involve 5 different forms of flow:
-trade
-aid
-foreign investment
-labor
-information
evidence of the global economy:
production chains-these consist of a number of stages (often in many different countries) involved in the making of a particular product. at each stage value is added to the emerging product
the call centers for HIC companies are now largely located in LICs & emerging economies such as India, the Philippines and Thailand
what global institutions have a large influence over the workings of the global economy
-world trade organisation (WTO) & International Monetary Fund (IMF) both play an important role in global trade and foreign investment
-world bank & non governmental organisations (NGOs)
Voluntary migration
This occurs when people choose either to move out of their own country (internal) or to emigrate to another country (international)