Impacts of Globalisation Flashcards
1
Q
Positive - TNC
A
investment by TNC’S creates jobs and skills for local people
2
Q
positive - sharing
A
the sharing of ideas and experiences
3
Q
positive - increased awareness
A
increases awareness of events further away in the world
4
Q
positive - global issues
A
helps people become aware of global issues such as global warming and climate change
5
Q
negative - rich
A
operates mostly in the interests of the richest countries
6
Q
negative - no guarantee
A
there is no guarantee that the money from investment will benefit local economies
7
Q
negative - lack of enforcement
A
An absence of strictly enforced international laws means that TNCs may operate in LEDCs in a way that would not be allowed in an MEDC
