global shift evaluation
- Created by: abi burs ----
- Created on: 01-12-20 19:34
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- global shift
- is the relocating of the global economic centre of gravity
- example from Europe to Asia
- posiitives
- waged work
- factory work =reliable work since subsistence farming is vulnerable to weather and disease, low wages of $2-$3 are still double of rural income
- education and training
- TNC's invest in training and skill development economic growth used finance investment in education
- poverty reduction
- since 1990 1 billion people have bee lifted out of extreme poverty
- waged work
- disadvantages
- loss of productive land
- air and water pollution from industrial activity can render agricultural land unusable
- unplanned settlements
- new manufacturing jobs prompts rural-urban migration, rapid population growth outpaces formal housing construction=unplanned settlements
- environmental or resource pressure
- manufacturing activity creates demand for more commodities, commodity extraction creates environmental pressure= deforestation
- loss of productive land
- is the relocating of the global economic centre of gravity
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