G3 - globalisation 3

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DEVELOPMENT
the improvement of quality of life of a country's population
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ECONOMIC INDICATORS OF DEVELOPMENT
GDP per capita, income per capita, GNP, GNI, PPP.
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SOCIAL INDICATORS OF DEVELOPMENT
HDI (life expectancy, income, education). Gender Inequality. (air quality)
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INCOME INEQUALITY
the wealth of the worlds richest 1% is equivalent to the wealth of the other 99%. this inequality has become starker over the past few decades with economic growth and the multiplier effect. WINNERS-
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WINNERS OF GLOBALISATION
wealthiest people- own TNCs and can maintain their wealth through investment into growing markets. emerging middle classes - benefitting from increased jobs in production and increased income from offshored/outsourced jobs- higher security
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LOSERS OF GLOBALISATION
the physical environment. poorest people/child labour- exploited by the TNCs with low wages. slum dwellers as a result of overcrowding in cities. isolated, rural populations where farming dominates and there are small global connections
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ENVIRONMENTAL IMPACT OF ECONOMIC GROWTH
CHINA - rapid economic growth since 1970, aided by globalisation, lead to a giant increase in carbon footprint. whereas some countries such as SWEDEN have also had rapid economic growth since 1970 but only a fraction of the increased carbon footprint
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GLOBALISATION AND IMMIGRATION
11% of UK population are immigrants, large diasporas in/around London. aided by open border migration, FDI and TNC workers moving, deregulation of some job markets, humanitarian crisies-5million Syrian refguees in Europe
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PROBLEMS OF IMMIGRATION
heightened racial tensions against immigrants(extremism)-UK Brexit vote immigration key issue-trumps wall. stresses on public services, housing, transport, overcrowding.
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CONTROLLING THE SPREAD OF GLOBALISATION
CENSORSHIP-internet ban in N.Korea. searches for politically sensitive topics in China ban. LIMITING IMMIGRATION- UK Brexit, Japan strict laws. TRADE PROTECTIONISM-oil exports banned in USA, tariffs on imports into EU
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CULTURAL IDENTITY AND GLOBALISATION
some group seek to retain their cultural identity within countries and seek to retain control of culture and physical resources, but others embrace globalisation's economic advantages. FIRST NATIONS IN CANADA-resurgance of native language and history
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LOCALISM/LOCAL SOURCING
the idea that food and goods should be grown locally, supporting local jobs and reducing transport emissions- thus being more sustainable. often promoted by local groups and NGOs
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FAIR TRADE / ETHICAL CONSUMPTION SCHEMES
globalisation led to exploitation, unfair prices for farmers, excessive resources used during production, massive carbon footprint from transport. fair trade schemes and ethical consumption may reduce the environmental degradation and exploitation
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RECYCLING
recycling materials from waste products stops the extraction of new materials as well as decreases the amount of waste sent to landfill. globalisation has increased the use of single use plastics and hence non biodegradable waste, recycling important
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Other cards in this set

Card 2

Front

ECONOMIC INDICATORS OF DEVELOPMENT

Back

GDP per capita, income per capita, GNP, GNI, PPP.

Card 3

Front

SOCIAL INDICATORS OF DEVELOPMENT

Back

Preview of the front of card 3

Card 4

Front

INCOME INEQUALITY

Back

Preview of the front of card 4

Card 5

Front

WINNERS OF GLOBALISATION

Back

Preview of the front of card 5
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