Slides in this set
Physical size and geographical position
Most influence over bordering countries
Global demand for oil and metals (e.g. iron ore for steel
Countries may withhold resources, creating shortages
and increasing their influence
Large labour force
E.g. EU formed to increase market of individual
Economic power and influences
Form trade blocs which determine global trade /
Most powerful currencies
Attract further investment
Top 12 economies earn 68% of global GDP
Historically determines political power
UN Security Council responsible for world peace
Global capitalism and role of the media
American-based news corporations spread
American values (e.g. capitalism) globally…read more
Where all factors of production (industry,
business and agriculture) are owned by
private individuals or firms who run them for
their own profit.
E.g. USA, UK, Germany
where all factors of production (industry,
business and agriculture) are owned by the
state for the good of everyone.
E.g. China, North Korea, Cuba…read more
Established `friendly' communist
governments in Eastern European countries
to remove threat of attack from the West.
Led to industrial production multiplying
several times over.
Led to huge expansion of the armaments