Globalisation
How does the economy of a globalised world function in different places?
Globalisation means the greater integration of the global economy. Can you list four ways that this
integration has happened over the last 30 years?
1.
2.
3.
4.
What does this model show?
Describe how employment changes as countries undergo economic development?
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Give an example of a country at each stage of development and try to describe their
employment structure.
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What role do global institutions play in creating a more globalised economy?
Point…
Global Institution
Explanation…
Role it plays
Development…
How does it increase globalisation
and improve trade?
World Trade
Organisation
Promotes free trade by
persuading countries to
reduce or remove trade
barriers like taxes, tariffs and
quotas
Gives loans to developing
countries for infrastructure
and encourages countries to
allow foreign investment to
create new jobs
Aim to reduce costs and
increase profits by moving
factories to cheaper locations
this creates new jobs in
developing countries
The banana wars are an example of
WTO activity, with tariffs on big
banana companies in Latin America in
order to promote smaller producers
of Caribbean
China…
International
Monetary Fund
Transnational
Corporations
Nike/Dyson..
What role do global institutions play in creating a more globalised economy (6 marks)
Firstly,
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Secondly,
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Thirdly,
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To conclude, most important reason is
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Evaluate the impact of Globalisation on different groups of people? (Complete the table)
Person
Role 30 years ago
London City
worker
Most top jobs taken by men. TNC’s and financial Women still losing out in this
sector has grown massively with some top
sector.
executives now earning 3000% more than in
1980.
Male steelworker
UK
Previously employed in a booming industry.
Well paid work.
Young educated
Bangalore
Previously Bt call centres were located in the UK
the pay was minimum wage and the jobs were
carried out mainly by women.
Female workers
Dhaka
What Change has occured and
how it has affected group
Many low priced clothes made
here. Women work up to 80
hours a week in very poor
conditions earning £12 a week
Evaluate the impact of Globalisation on different groups of people? (6marks)
Firstly,
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Secondly,
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Thirdly,
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To conclude, most important reason is
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What changes have taken place in the flow of goods and capital?
Give 4 reasons why international trade has increased in the last 50 years.
1.
2.
3.
4.
TNC- Service Sector- BT
Sector
Countries
Headquarters
UK
Other offices
Germany
Outsourcing
India
How they operate here
What affect has this had
on the country (SEEP)
TNC- Manufacturing sector- NIKE (or Dyson)
Sector
Countries
Headquarters
USA
Sales
Outsourcing/
manufacturing
How they operate here
What affect has this had
on the country (SEEP)
Using examples of named TNC’s explain how they have expanded their global business? (6 marks)
Firstly,
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Secondly,
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Thirdly,
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To conclude, most important reason is
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