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5 Cards in this Set
- Front
- Back
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Define 'Global Shift' (1) |
Movement of the global economic centre of gravity to Asia, outsourcing of manufacturing and service provision to Asia |
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Suggest one reason why labour costs are cheaper in places such as Bangladesh (3) |
- Lower cost of living, as housing/food costs are lower, so company can recruit workers on lower wages - Fewer regulations in factories, so there is no sick pay, which means employers only pay for hours that are worked |
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Define population structure (1) |
Gender and age composition of a population |
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By using examples, explain the social and economic disadvantages TNCs being to countries they choose to invest in (5) |
- Majority of wealth sent home to TNC country of origin - Workers often exploited (Nike, employing 70,000 workers in Asia) - Sets long working hours - Families divided as parents away - May have child labour in some places - Apple outsourced to foxconn (suicides due to poor human rights) - local businesses cannot compete |
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Explain the possible socio-economic consequences of population movements for source countries of Europe (5) |
Positive: - Remittances received, invested in local businesses - Less unemployment as people have moved elsewhere - Wages rise as fewer workers available - New job opportunities, especially for women, as men tend to migrate - Less overcrowding of schools Negative: - Loss of skilled workers - Loss of tax revenue - Loss of culture - Families divided so impacts on mental health etc |
