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Globalised Geography

globalisation dictionary

Globalisation Increase in international communication and trade and the breaking down of national barriers
Global Village A concept suggesting we are all members of a world community, regardless of our national background and political systems
TNC Large businesses with a home-base in one country that also operate particularly or wholly in other countries
Information Technology Inventions and developments that facilitate the access to and spread of information
Information and Communication Technology Includes word processing, graphics, audio, multi media and other computer applications
Telecommunications Technology involving communication by phone, video or satellite
Global Media Networks Radio, television and print media companies with branches in many countries
Cultural Factors An expression of attitudes, values, beliefs and a way of life of a group of people
National Identity How a nation of people see themselves and how they are perceived by others
Tariffs A tax on goods coming into a country
Quotas A limit placed on the volume of certain products coming into a country
Subsidies A government payment to a domestic producer to help compete with imported goods
Embargoes A ban placed on the import of certain goods and services
Trading Blocs Groups of countries that form mutual trading relationships, giving preference to members
Multilateral Many sided, involving many countries
Currency Specialisation When individuals or organisations buy and sell foreign currency to make a profit
Developed Countries Term used to describe countries that have a high economic productivity, relatively high standards of living and relatively democratic systems of government
Developing Countries Term used to describe the worlds poorest countries
Sweatshops Factories where employees are subjected to poor working conditions and low rates of pay
Human Development The process of expanding peoples choices by empowering them to lead long and healthy lives, to have access to knowledge and a decent standard of living and to play an active role in the life of their communities
Gross Domestic Product The total value of good and services produced in a country in a year
GDP per Capita The total value of goods and services produced in a country in a year divided by the total population of that country
Infant Mortality The probability of dying between birth and one year of age expressed per 1000 lives births
Adult Literacy Rates The percentage of adults who can read or write
Life Expectancy The average number of years a person born at a particular time is expected to live
Human Development Index An index used by the UN development program to create a measurement which acknowledges more than just poverty-it combines scores on income per head, literacy rates, school enrollment and life expectancy to produce a figure between 0 and 1, highest is 1
Created by: B3ATT13