Impacts of globalisation Flashcards Preview

Global systems > Impacts of globalisation > Flashcards

Flashcards in Impacts of globalisation Deck (7)
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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