EQ1 1.0 / 5 based on 1 rating ? GeographyGlobalisationASEdexcel Created by: HollythomsonCreated on: 18-01-16 17:02 What is two speed world? Developing countries - slow e.g Kenya, Developed countries - fast e.g UK 1 of 9 What are the positive effects of globalisation? More varied cultures, countries become closer, tourism, cheaper products, variety of food 2 of 9 What are the negative effects of globalisation? Cheap labour in china, exploitation of workers, racial tensions 3 of 9 What is the core? Most wealth is produced for example North America, Europe, Japan 4 of 9 What is the periphery? distant from the come markets, poorer countries 5 of 9 Core facts The core owns and consumes 80% of global goods and services, earns the highest incomes, provides most global investment 6 of 9 Periphery facts Owns and consumes 20% of global goods and services, despite having 75% of the global population, earns low income - 2.5 billion live on under $2 a day 7 of 9 Core and periphery trade South to north - primary goods, raw materials, food products, north to south - manufactured/processed goods and services 8 of 9 What is the modernisation theory? The world would become more economically uniform, using western investmeant, aimed at reducing poverty 9 of 9
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