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Cards (30)

  • What does globalization refer to?
    Links between people and places worldwide
  • How has globalization created new opportunities?
    By increasing flows of ideas, goods, and services
  • What are TNCs?
    Transnational corporations
  • How do TNCs influence local economies?
    By providing job opportunities
  • What is the process of glocalization?
    Adapting products for local markets
  • What is an example of a product adapted through glocalization?
    Maharaja burger by McDonald's
  • What role do improvements in transport and communications play in globalization?
    They allow global connections and quicker travel
  • What has contributed to time-space compression?
    Quicker transport development
  • How has technology impacted globalization?
    By making processes more efficient
  • What do international organizations provide?
    Aid and assistance to countries
  • What is a consequence of globalization for developed nations?
    De-industrialization and job loss
  • How does globalization create winners and losers?
    By varying impacts on different countries
  • What is a significant environmental issue caused by globalization?
    Air and water pollution
  • What is a major challenge faced by globalization in developing countries?
    Environmental resource pressure
  • What is a consequence of urbanization in mega cities?
    Overcrowding and stress on resources
  • What is a benefit of migration for the source nation?
    Wealth from remittances
  • What is a con of migration for the host nation?
    Increased stress on services
  • What does the Sininsky model of migration transition suggest?
    Migratory patterns change as countries develop
  • What is cultural diffusion?
    Spread of Western ideas and culture
  • What is a negative impact of globalization on local cultures?
    Loss of traditional practices and languages
  • What is a response to globalization that promotes sustainability?
    Local sourcing of products
  • What is the purpose of fair trade schemes?
    Reduce global trade inequalities
  • How does recycling contribute to sustainability?
    Manages resource consumption and ecological footprints
  • What is a potential future challenge of globalization?
    Environmental concerns due to resource scarcity
  • What are the impacts of globalization on different groups of people?
    • Winners: Improved infrastructure, wages, and education in countries like India.
    • Losers: Loss of farmland, urban slums, and environmental degradation.
  • What are the economic measures of development affected by globalization?
    • Income per capita
    • GDP (Gross Domestic Product)
    • Economic sector balance
  • What are social development measures impacted by globalization?
    • Human Development Index (HDI)
    • Gender Inequality Index (GII)
    • Social Progress Index
  • What are the consequences of globalization for global development?
    • Economic growth for some countries
    • Widening development gap
    • Disparities in environmental quality and wealth distribution
  • What are the tensions created by globalization?
    • Racial and ethnic tensions
    • Social and political tensions
    • Environmental conflicts over resources
  • What are the responses to globalization challenges?
    • Promoting local sourcing
    • Implementing fair trade schemes
    • Enhancing recycling efforts