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4.1.1 Globalisation
c)Impacts of globalisation
Workers
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Cards (10)
What has happened to employment for some people?
Some have
gained
, others have
lost
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Why have there been large scale job losses in the western world?
Jobs have been transferred to countries like
China
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How does increased migration affect wages for workers?
It may
lower
wages but also
increases
demand
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What positive contributions can migrants provide to the economy?
Important skills and increased
aggregate demand
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What has international competition caused for low-skilled workers in developed countries?
A
fall
in wages or reduced
growth
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How have wages for high-skilled workers been affected?
Wages appear to be
increasing
due to demand
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What is the impact of increasing wages for high-skilled workers on inequality?
It
is
increasing inequality
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What role do TNCs play in employment?
They provide
training
and create new jobs
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What conditions do workers in sweatshops typically face?
Poor conditions
and
low wages
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Why might working in sweatshops be considered better than other alternatives?
It is better than other
available
options
View source
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