Year 8 - Globalisation

What does TNC stand for?

• Transnative corporation

• Transnational corporation

• Trantnation corporation

• Transnation corporation

Where is indonesion located?

• West Europe

• East Africa

• South east Asia

• North America

What is globalisation?

• Places we have never experienced

• The flow of products

• Places we visit and experience

• The world is becoming increasingly interconnected

What is a 'distant place'?

• A place never experienced

• A place visited and experienced

'The set of processes that cause the relative distances between places (as measured in terms of travel time or cost) to decrease, effectively making such places grow ‘closer’.' What is the key word?

• Experienced place

• Globalisation

• Time-space compression

• Inwards investment

Roughly how much does it cost a factory to dispose of chemicals a day in the USA?

• $0

• $70

• $400

• $1,000

Products are often made in LICs. Which of these DOES NOT explain why products are made in these countries?

• Large workforce

• Cheap labour

• Relaxed laws

• Low profits

What does the 'country of origin' refer to?

• Where the workers for TNCs come from

• Where the products for TNCs come from

• Where the TNC originates from

• Where the TNC sets up its factories

'A cycle of positive impacts brought about by the TNC investing in the country'. What is the key word?

• Multiplier effect

• Globalisation

• Time-space compression

• Inwards investment

Which of these is a advantage of TNCs operating in low income countries?

• Employees in LICs might be paid much less than employees in HICs for doing higher intensity jobs. Nike pay workers in Indonesia $2 a day

• Working conditions in many factories are unsafe. In 2013, at least 87 people died after a garment factory building collapsed in Bangladesh

• The wages offered by clothes factories are often higher than wages earned through farming in the countryside (rural areas)

• The Jobs in the LICs are not secure. They could lose their jobs without warning if company decide to set up somewhere cheaper