Study Guides

Unit Summary

This unit introduces pupils to the concept of globalisation and develops their understanding of how people and places are connected through economics and culture. Pupils will evaluate how the benefits and challenges brought by globalisation differs over global space.

Lesson Summary

You will learn to explain the advantages and disadvantages of TNCs for both high and low income countries.

Key Notes

• Transnational companies can bring benefits and disavantages to countries.
• Benefits from TNCs include the creation of jobs, new trade markets and better education to produce skilled workers.
• Disadvantages of TNCs can include exploitation of the host country, poor treatment of workers and environmental damage.

Vocabulary To Learn

• infrastructure: all the basic systems in a country, such as transport and power supply
• host country: the new country which the TNC has set up a new factory, office or shop in
• standard of living: the level of necessities and comforts of daily life that is available to and affordable by a person
• multiplier effect: More people have jobs so have more money to spend, giving other businesses more money so they expand and employ more workers

Common Mistakes To Avoid

• Living standards and quality of life are the same.

3 Quick Questions (With Answers)

More Lessons In This Unit

• Analysing patterns of globalisation using digital maps and data Study Guide
• Food production and supply chains Study Guide
• Global transport routes Study Guide
• Globalisation challenges Study Guide
• Globalisation opportunities Study Guide
• Globalisation: An introduction Study Guide
• The drivers of globalisation Study Guide
• The globalisation of jeans Study Guide
• The importance of trade Study Guide
• The UK's imports and exports Study Guide
• Transnational corporations Study Guide