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Globalised Geography
globalisation dictionary
| Question | Answer |
|---|---|
| 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 |
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