Global Shift

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  • Created by: ll23476
  • Created on: 18-04-16 15:48
What is Global Shift?
The movement of economic activity from the West to South East Asia. Brought about by TNCs and FDIs. LEDCs have benefited from the transfer of technology meaning they can raise their productivity without raising wages.
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Global Shift positives for MEDCs
-Moving pollutants from country -High export demands for LEDCs -Cheaper imports; keeping living costs down
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Global Shift negatives for MEDCs
-Lead to wide spread unemployment -De-industrialisation (North of UK) -Loss of skills; gap between workers
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Global Shift positives for LEDCs
-Development of new industries -Increased employment -Reduce development gap
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Global Shift negatives for LEDCs
-Westernised approach to economy -Exploitation of workers -Over dependent on one industry
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Other cards in this set

Card 2

Front

-Moving pollutants from country -High export demands for LEDCs -Cheaper imports; keeping living costs down

Back

Global Shift positives for MEDCs

Card 3

Front

-Lead to wide spread unemployment -De-industrialisation (North of UK) -Loss of skills; gap between workers

Back

Preview of the back of card 3

Card 4

Front

-Development of new industries -Increased employment -Reduce development gap

Back

Preview of the back of card 4

Card 5

Front

-Westernised approach to economy -Exploitation of workers -Over dependent on one industry

Back

Preview of the back of card 5

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