Human Geography AQA A level 7
Globalisation
Globalisation - Answer>> The process by which the world is
becoming increasingly interconnected
Economy - Answer>> Trade and aid
TNCs
Capital flows
Politics - Answer>> Trading groups
governmental and global institutions
Environment - Answer>> Impacts and degradation
linked by commons
Technology - Answer>> Higher productivity
Transfer to LEDCs
Communication
Culture - Answer>> 'Westernisation'
Cultural diffusion
Society - Answer>> Migration
Social Networks
Flows of capital - Answer>> Usually refers to flow of money for
investment trade or production
can also involve physical transfer of production resources
capital - Answer>> accumulated wealth, including machinery,
building, money, stocks or inestment
, deregulation - Answer>> removal of governmental rules,
regulation and laws from the operation of business
removal of restrictions on the movement of capital
Foreign Direct Investment (FDI) - Answer>> investment made
by a government/large company into physical capital or assets of
foreign enterprises.
Dominated by developed countries (inflows and outflows)
EU and North America dominate out of developed countries
Repatriation of Profits - Answer>> profits made abroad by
companies are returned to the home country. Often a flow back to
developed country.
Leakage from the economy of the host country
Leakage - Answer>> economic loss of profits back to
companies owned outside of the host country
Aid - Answer>> Financial support for poorer countries, mainly
from rich countries
Many types: multinational, bilateral agreement, emergency aid,
development aid.
may have conditions
advantages and disadvantages
Multinational aid - Answer>> aid provided by many countries
Bilateral agreement - Answer>> between 2 countries
emergency aid - Answer>> provided by an Non Govermental
Organisation (NGO Not for profit) or the Red Cross
Aid may have conditions - Answer>> Jobs, political support
Globalisation
Globalisation - Answer>> The process by which the world is
becoming increasingly interconnected
Economy - Answer>> Trade and aid
TNCs
Capital flows
Politics - Answer>> Trading groups
governmental and global institutions
Environment - Answer>> Impacts and degradation
linked by commons
Technology - Answer>> Higher productivity
Transfer to LEDCs
Communication
Culture - Answer>> 'Westernisation'
Cultural diffusion
Society - Answer>> Migration
Social Networks
Flows of capital - Answer>> Usually refers to flow of money for
investment trade or production
can also involve physical transfer of production resources
capital - Answer>> accumulated wealth, including machinery,
building, money, stocks or inestment
, deregulation - Answer>> removal of governmental rules,
regulation and laws from the operation of business
removal of restrictions on the movement of capital
Foreign Direct Investment (FDI) - Answer>> investment made
by a government/large company into physical capital or assets of
foreign enterprises.
Dominated by developed countries (inflows and outflows)
EU and North America dominate out of developed countries
Repatriation of Profits - Answer>> profits made abroad by
companies are returned to the home country. Often a flow back to
developed country.
Leakage from the economy of the host country
Leakage - Answer>> economic loss of profits back to
companies owned outside of the host country
Aid - Answer>> Financial support for poorer countries, mainly
from rich countries
Many types: multinational, bilateral agreement, emergency aid,
development aid.
may have conditions
advantages and disadvantages
Multinational aid - Answer>> aid provided by many countries
Bilateral agreement - Answer>> between 2 countries
emergency aid - Answer>> provided by an Non Govermental
Organisation (NGO Not for profit) or the Red Cross
Aid may have conditions - Answer>> Jobs, political support
