Consumer, Producers, CEO's, Lic's-increases economy and develops area.
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Loosers of globalisation
Workers are exploited, independent retailers by the new TNC's, environment
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Positives of Globalisation
Provides jobs-women empowerment, cheap goods for consumers, TNC's develop an area, increases the economy-more money... schemes to avoid exploitation and sweat shops
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Negatives of Globalisation
Exploitation, independent retailers shut, loss of an areas sense of place
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Wallerstein's 3 tiers
the core-large HIC's.....the semi-periphery- countries struggling with social change.....the periphery- identified with LIC's
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horizontal intergration
same thing in different places 'replication'
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TNC's
Escape trade tariffs, find low cost locations for production, headquarters=based in major cities, research=origin
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How do TNC's influence globalisation positively
Bring wealth and foreign currency into the economy via inward investment, that can be spent on education and infrastructure...increases awareness....
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How do TNC's influence globalisation negatively
drives others businesses out, exploitation, pollution, loose sense of place
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Other cards in this set
Card 2
Front
Loosers of globalisation
Back
Workers are exploited, independent retailers by the new TNC's, environment
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