Going Global Revision Cards

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  • Created by: Alisha
  • Created on: 29-06-14 14:08
Globalization
The growing economic interdependence of countries worldwide through increasing volume and variety of cross-border transactions in goods and services, free international capital flows and more rapid and widespread diffusion of technology
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TNC
Transnational cooperation - a company that has operations in more than one country
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Shrinking World
Thanks to technology distant places start to feel closer and take less time to reach
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LDCs
Least developed countries
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LEDCs
Less economically developed countries
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NICs
Newly industrialized countries
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BRICs
Brazil, Russia, India, China and South Africa
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MINTs
Mexico, Indonesia, Nigeria and Turkey
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RICs
Recently Industrialized Countries
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MEDCs
More economically developed countries
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PIGs
Portugal, Italy, Greece and Spain - economically unstable in the EU
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OPEC
organisation of petroleum exporting countries
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OCED
organisation for economic cooperation and development
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UN
United Nations - organisation to promote international peace and security
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NATO
North Atlantic Treaty Organisation
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Trade Bloc
Type of intergovernmental agreement, often part of a regional intergovernmental organisation, where regional barriers to trade (tariffs and non-tariff barriers) are reduced or eliminated among participating states
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EU
European Union (trade bloc)
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Development Gap
The difference in levels of economic and social wellbeing between the richest and poorest people of Earth
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HDI
Human Development Index - UN measurement of economic and social development that takes into account GDP, life expectancy and adult literacy
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Glocalisation
The local sourcing of parts by TNCs in places where they assemble their "global products" close to markers. at the same time they are able to customize their products to meet local tastes and laws.
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Global Network
refers to link between different places in the world
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FDI
Foreign direct investment - a financial injection made by a TNC into a nation's economy, either to build new facilities (shops/factories) or to acquire or merge with a existing firm there
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Switched on Places
Nations, regions or cities that are strongly connected to other places through the production and consumption of goods and services. In contrast places that are poorly connected are said to be relatively switched off.
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Global Hub
World cities or global region extremely well connected to each other and provide a focal point for activities with a global focus often grown as a result of human/natural resources
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Multiplier Effect
The positive spin offs that follow on initial investment in a region
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Trickle down
The positive impacts on peripheral (poorer) regions of the creation of wealth in core regions (richer)
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Demographic transition model
Model examining the relationship between development and fertility and morality rate
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Birth Rate
No. of births per 1000 people per year in a region
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Death Rate
No. of deaths per 1000 people per year in a region
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Economic migrant
A migrant whose primary motivation is to seek employment
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Internal Migration
The movement of people between different regions within the same nation
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North-south drift
Population driven to move by socio-economic factors, decline of industries caused unemployment and people migrated to London and southern cities to find jobs
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Intervening Obstacle
Barrier to migrant e.g. political border, travel costs, physical features, family pressure...
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Natural increase
Difference between the birth and death rate, usually converted to a percentage
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Greying Population
A population structure where the proportion of people aged 60 and over is high and rising
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Push/Pull factors
Factors making a migrant want to move to/move away from a place e.g. employment, weather...
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Millionaire city
A city with a population of one million or more
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Megacity
City with a population of over 10 million
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World city
Cities with global significant, financial and political power
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Urbanization
Increase in the proportion of urban dwellers in a country/region
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Urban-rural migration
Movement from rural areas high in povery, water shortages and with a lack of facilities to the city where there are perceived opportunities
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Suburbanisation
Movement of residents from the centre to the outskirts of towns
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Slum
A urban settlement where over 50% of inhabitants lack one or more: durable housing, sufficient living space, clean water supply, secure tenure and access to sanitation
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Ecocity
Cities which have been sustainable development
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Sustainable
meets the needs of the present generation without compromising the ability of future generations to meet their needs
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Counterurbanisation
Movement of people out of cities and into rural areas
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Reurbanisation
People moving back into city centres after regeneration
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Other cards in this set

Card 2

Front

Transnational cooperation - a company that has operations in more than one country

Back

TNC

Card 3

Front

Thanks to technology distant places start to feel closer and take less time to reach

Back

Preview of the back of card 3

Card 4

Front

Least developed countries

Back

Preview of the back of card 4

Card 5

Front

Less economically developed countries

Back

Preview of the back of card 5
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