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Cards (15)
What does HDI stand for?
Human Development Index
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Why is HDI considered better than other development indicators?
It indicates more
comprehensive
development
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What is meant by a conflict?
A struggle between
opposing
agents
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What is development?
Improving
economic
, social, and environmental conditions
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What are three positive effects of globalization?
Easier
transportation
Access to
information
anywhere
Increased connectivity among countries
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What is a sweatshop?
A
workplace
with
long
hours and
low
pay
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What are the locations of the following parts in a company: Headquarters, Manufacturing, Raw Materials?
Headquarters:
America
Manufacturing:
Various locations
Raw Materials:
Resource-rich areas
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Define globalization.
Countries becoming more
interconnected
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Name three economic development indicators.
BRI
,
GNI
,
HDI
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In which type of country are most primary sector jobs based?
Low-Income Developing Countries
(LIDCs)
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Why are most primary sector jobs based in LIDCs?
They rely on
agriculture
and natural resources
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Where is an MNC likely to locate their research and development?
In
LIDCs
for cheaper labor
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Explain one factor an MNC will consider when deciding where to locate their factories.
Labor costs
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What are two negative effects of globalization?
Rich become richer, poor become poorer
Companies move to countries with
cheaper
labor
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How can globalization affect job availability in developed countries?
It can lead to fewer jobs available
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