Impact of trade and variable market access on students' and other lives
- Created by: steloah1
- Created on: 30-05-22 19:40
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- Impact of trade and variable market access on students' and other lives
- Access
- Food
- Globalisation affects the nature of the food supply chain by altering the quantity, type, cost, and desirability of foods available for consumption.
- Increased demand for the "superfood" quinoa has strengthened the local economy in Peru
- Greater access to food grown in more tropical environments
- Increased demand for the "superfood" quinoa has strengthened the local economy in Peru
- Increase in obesity and diet-related diseases due to the globalisation of TNC's such as McDonald's that provide high calorie food for low prices and high accessibility
- Globalisation affects the nature of the food supply chain by altering the quantity, type, cost, and desirability of foods available for consumption.
- Communications
- Culture
- Cultural homogenisation
- access to foreign cultures has caused the distinction betweeb cultures to fade
- e.g. music and fashion
- access to foreign cultures has caused the distinction betweeb cultures to fade
- technological developments has led to a greater sharing of ideas, cultures and traditions through methods such as social media
- Cultural homogenisation
- Culture
- Fashion
- Increase in online shopping provides consumers with an abundance of choice
- Increased occurence of 'micro-trends' in which fashion items rise and fall in popularity quickly
- Increase in unethical practice by large companies, such as ZARA and H&M, to use cheap labour in NEE's such as China
- Cheaper products for consumers
- Another example of the 'race to the bottom'
- Increase in online shopping provides consumers with an abundance of choice
- Food
- Cheap
- Imported goods from NEE's such as China
- 'Race to the bottom' as TNC's use cheap labour in countries with very little labour to decrease production costs
- Immoral but lowers the prices of goods for the consumer
- 'Race to the bottom' as TNC's use cheap labour in countries with very little labour to decrease production costs
- Farmers in HIC's such as Britain recieve around £150 billion annually from subsidies from the gov.
- This reduces the price supermarkets are willing to pay for farmers in other countries
- Decreased price of supermarket goods for the consumer
- This reduces the price supermarkets are willing to pay for farmers in other countries
- Imported goods from NEE's such as China
- The EU
- Tarriff-free EU means cars have been exported for sale in mainland Europe
- Attracts TNC's to situate their businesses in Britain for access to the single market
- Provides jobs for UK citizens in BMW or Nissan
- Sales in the UK and Europe where most people are in car-owning households
- Increase in car production means the price paid by car reduces = greater economy of scale
- Cost benefits from a large scale operation - savings from spreading the costs
- More people have access to cheaper cars
- Cost benefits from a large scale operation - savings from spreading the costs
- Attracts TNC's to situate their businesses in Britain for access to the single market
- The departure of Britain from the EU means there is a loss of these benefits
- Import tax will make goods more expensive for people in Britain, resulting in a loss in sales
- Tarriff-free EU means cars have been exported for sale in mainland Europe
- Fair trade
- About 5 million people benefit from Fair Trade in 58 countries.
- Fair trade sets minimum standards for the pay and conditions of workers.
- Educates farmers to be more sustainible, more resillient against climate change and offers a fair trade premium to spend on community-based projects
- Access
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