Globalisation: global shift Flashcards

1
Q

what is global shift?

A

the movement of economic activity from MEDC’s initially to NIC and more recently LEDC’s

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2
Q

what are some consequences of global shift?

A
  1. loss of jobs in manufacturing sector of HIC’s

2. deindustrialisation

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3
Q

manufacturing employment in the uk fell by ___% between 1983-2013

A

50%

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4
Q

what are the reasons for moving to developing countries?

A
  1. availability of skilled workforce

2. access to larger scale of markets

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5
Q

over ___% of jobs are found in the developing world

A

50%

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