4.4 Globalisation Flashcards

(4 cards)

1
Q

globalisation

A

The increasing integration of economies internationally, an expansion of world trade.

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2
Q

development

A

The process of improving peoples standard of living and well-being overtime.

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3
Q

developed country

A

these are countries with a high GDP per capita and are industrialised

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4
Q

developing country

A

These are countries that rely on labour intensive industries and have a low GDP per capita.

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