Growth of multi national corporations, improved transportation, improved communications, spread of culture.
1 of 6
What are the threats of globalisation?
brain drain (migration of skilled workers out of a country in order to look for a better job with better pay), exploitation of workers in terms of pay (pay them less money) pollution of local environments by factories.
2 of 6
What are the social impacts of enlargement of the European Union?
rates of unemployment in new member of states decreased as people migrated to search for work. low paid jobs e.g agriculture, pizza delivery are taken up by migrant workers.
3 of 6
What are the economic impacts of the enlargement of the European Union?
the money made on low paid jobs is sent home to the migrants families so the uk do not benefit as much economically. the reciever countries cant improve their countries.
4 of 6
How have newly industrialized countries such as China and India benefited from globalisation?
More jobs are created, growth in personal wealth, boosts local economy, technological advancement, investment in infastructure.
5 of 6
How have patterns of trade changed economic progress in the least developed LEDCs?
LEDCs export mainly primary goods that haven't been processed at low cost to MEDCs who sell them back more expensive secondary goods. trading blocks like the EU put quotas (limits) on how much they can import each year.
6 of 6
Other cards in this set
Card 2
Front
What are the threats of globalisation?
Back
brain drain (migration of skilled workers out of a country in order to look for a better job with better pay), exploitation of workers in terms of pay (pay them less money) pollution of local environments by factories.
Card 3
Front
What are the social impacts of enlargement of the European Union?
Back
Card 4
Front
What are the economic impacts of the enlargement of the European Union?
Back
Card 5
Front
How have newly industrialized countries such as China and India benefited from globalisation?
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