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10 Cards in this Set
- Front
- Back
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Globalisation |
How the world is becoming better connected through transport, communication and culture as technology improves |
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Outsourcing |
moving of jobs and industries to out of European and North American countries to Asia – focus in this topic on textiles and the knowledge economy |
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Knowledge economy |
jobs that require education or training to a high level such as software development or working in IT and in a foreign language |
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Rural periphery |
isolated areas in the countryside where incomes are lower |
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Urban core |
well connected urban areas where incomes are on average higher |
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Mega city |
a city of over 10 million people |
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Exploit |
Take advantage of an environment, people or a resource |
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FDI |
Foreign Direct Investment is when once country invests in another country to gain access to resources, new markets and gain profits. India opened-up to FDI in 1991 |
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slumdlog |
a derogatory term given to someone poor living in unplanned housing in a megacity such as in Dharavi, the world’s largest slum located in Mumbai |
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Destiny |
The idea that your actions are predetermined, a key idea in Hinduism one of the world’s oldest religions. |
