Globalistaion

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  • Created by: niamh123
  • Created on: 31-12-14 17:36
Globalistaion
The growth and spread of ideas, business, culture and goods on a global scale, making the world more interconnected
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Employment structure
The balance of the different types of industry and jobs in a country
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Primary sector
Industries involving the extraction of raw materials from the land or sea, e.g. farming or mining
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secondary sector
Industries involving manufacturing, where raw materials are converted into a finished product
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Tertiary sector
Jobs providing a service e.g. retail, nursing, education
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Quaternary sector
Industries that provide information and expert help. Often creative or knowledge based e.g. IT biosciences
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Goods
Products that are of value to us
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capital
Wealth in the form of money or assets owned by a person or organisation
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Clark Fisher Model
A theory that helps to explain employment structure over time
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Outsourcing
Where all or part of a project is handed over to another company, usually done to save time or money.
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TNC
Transnational Company
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IMF
International Monetary Fund
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WTO
World Trade Organisation
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NIC
Newly Industrialised country
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Other cards in this set

Card 2

Front

The balance of the different types of industry and jobs in a country

Back

Employment structure

Card 3

Front

Industries involving the extraction of raw materials from the land or sea, e.g. farming or mining

Back

Preview of the back of card 3

Card 4

Front

Industries involving manufacturing, where raw materials are converted into a finished product

Back

Preview of the back of card 4

Card 5

Front

Jobs providing a service e.g. retail, nursing, education

Back

Preview of the back of card 5
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