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Inequalities Test
review of concepts
| Question | Answer |
|---|---|
| Globalisation | Increase in international communications and trade and the breaking down of national barriers |
| Sweat Shops | Factories where employees are subjected to poor working conditions and low rates of pay |
| TNC | Large businesses with a home business in one country that operate partially or wholly in other countries |
| Nation State | The political unit of people living in a defined territory, with government authority over their economy, political organisations, and external security |
| HDI | Human Development Index is an index used by the United Nations Development Program to create a measurement which takes into account more than just poverty - it combines scores on income per head, literacy rates, school enrollment and life expectancy. |
| What Numbers are the HDI Between? | 0 and 1, where the highest score is 1 |
| Global Market | The concept that enables people to buy things all around the world |
| Global Village | A concept suggesting we are all members of a world community, regardless of our national backgrounds and political systems |
| Sovereignty | The right to rule; power to the nation |
| Trading Blocs | Groups of countries that form a mutual trading relationship, giving preferences to members |
| Bilateral Trade Agreements | When one country has a trade agreement with one other country |
| Multilateral Trade Agreements | More than two countries joined together for trade purposes |
| Free Trade | Allowance of the exchange of goods between countries without protection |
| Protection | Any barrier to free trade. Tariff, Quota, Subsidy and embargo. |
| Tariff | Tax on imported goods |
| Quota | Limit on the amount of goods received |
| Subsidies | Payment to people in own country to keep working |
| Embargo | Ban on goods. eg. illicit drugs |
| Global Media | Radio, television and print media companies with branches in many countries |
| Infant Mortality | The probability of dying between birth and one year of age, expressed per 1000 live births |
| Life Expectancy | The average number of years a person born at a particular time is expected to live |
| Literacy Rates | Amount of people living in a country that can read and write their own language |
| GDP per capita | The total value of goods and services produced in a country in a year divided by the total population of a country |
| Globalisation - Positives | Get to know other countries cultures Variety of food and culture Allow sport relations with other countries Form alliances Cheaper goods Travel |
| Globalisation - Negatives | Lose cultural identity/become all the same Change local economies Exploitation: eg. sweatshops Spread of diseases |
Created by:
Schnookms
Popular Geography sets