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15 Cards in this Set
- Front
- Back
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Define GNI per head |
Gross National Income = how much people earn in a year |
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Define GDP |
Gross Domestic Product is the total market value f goods and resources a country produces in a year per person |
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Define HDI |
Combined measure showing life expectancy, GNI and education to give a value 0-1, with 1 the highest |
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Define birth rates |
How many babies are born per 1000 people per year |
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Define death rates |
Amount if deaths per thousand people in a year- made inaccurate due to high death of men in wars etc |
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Define infant mortality |
Number who die before 1 out of 1000 live births in a year |
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What is fair trade |
A scheme designed to get a better deal for producers. The producers get access to the market for their goods, a contract for better financial security, better prices for their products and access to the fair trade premium (sum of money available from the Fair Trade foundation to be spent on improving yields, farming practices, health care or education |
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How many products have fair trade logo? |
Over 4500 |
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What % of UK recognises fair trade logo? |
72% |
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How many people in Africa, Asia and Latin America benefit from free trade? |
Over 7 million |
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Define TNC |
A Trans National Corporation is a company that has operations (factories offices shops etc) in more than one country. Research and product development is often in the country they start in and manufacturing often in LIC’s to take advantage of low labour costs |
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Positives & negatives if TNC’s |
POSITIVES create jobs, try to clean up environmental damage, often have charities to help people in the country they work in, investing money encourages & enables development oil refineries in Nigeria use lots of local companies |
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Disadvantages of TNC’s |
Pollute environment such as shell has had many oil spills, accused of human rights abuses, employees working long 12+ hour days in poor conditions, child labour, profits from production if straight to headquarters in HIC |
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What does the knowledge economy involve? |
Information technology- hardware used to store data often for business and government Service industries- businesses di work for a customer but not involved in manufacturing Finance- accountancy, money transfer trading with credit, especially bug in London Research- product research & development Science and business parks- purpose built areas of offices and warehouses, often on edge of city on motorway and near universities to work together |
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What are the common characteristics of the 5 knowledge industries? |
FOOTLOOSE - not tied to raw materials so can relocate to wherever there is a cost advantage CLOSE TO TRANSPORT LINKS - motorways and railways offer access to customers and employees DEPENDANT ON HUMAN RESOURCES - need peoples ideas and skills MORE SUSTAINABLE - lower energy needs, low or zero air pollution emmissions, landscaping offers nice environment and carbon neutral buildings OFTEN GROUP TOGETHER - exchange ideas |
