Global Groupings - Edexcel AS geography

A quiz on the key facts involving global groupings

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  • Created by: Sam
  • Created on: 30-10-12 12:45
Descibe LDCs
very low incomes, economies based on agriculture, poor health and education, high debt, EG. Mozambique
1 of 9
Describe NICs
rapidly growing economies focused on exporting and manufacturing, EG. India
2 of 9
Describe Ex Soviet States
newly independent, growing economy but not as fast as NICs, not rich, increasing welth due to exploitation of natural resources such as oil and gas in Kazakstan, privatisation of industry
3 of 9
What is OPEC
Organisation of petroleum export countries, 13 major oil producers, two thirds of the worlds oil reserves, fair prices for oil exporting countries
4 of 9
What is OECD
OECD - organisation for economic co-operation and development, 30 richest countries, discuss solutions to Social, economic, and environmental problems
5 of 9
What is G8
8 richest countries in the worl, UK, USA, Russia, Canada, Japan, France, Germany, Itayl
6 of 9
Describe trade blocs
make agreements to reduce barriers to trade, remove import taxes, reduce tariffs. Economic benefits - increased sales, larger markest, easier to trade, more demand for products, more jobs. Comparative advantage - allows countries to specialise
7 of 9
Name and describe and example of a trade bloc
NAFTA - North American Free Trade Agreement, USA, Canada, Mexico, reduces import taxes ETC. however manufacturing cheaper in Mexico - job losses in USA
8 of 9
Describe the inequalities of global wealth
G8 - 60% of worlds income, only eight nations. Some countries exploit cheap labour etc.
9 of 9

Other cards in this set

Card 2

Front

Describe NICs

Back

rapidly growing economies focused on exporting and manufacturing, EG. India

Card 3

Front

Describe Ex Soviet States

Back

Preview of the front of card 3

Card 4

Front

What is OPEC

Back

Preview of the front of card 4

Card 5

Front

What is OECD

Back

Preview of the front of card 5
View more cards

Comments

Bethany Cunningham

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Great, consolidating my knowledge and not much brain activity! Thank you.

revisonbuddy

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These were really helpful, shame they didnt continue past the first two chapters

Dayne

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This are great, but it was pretty obvious that the answers are the first one.

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