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Movement - Coggle Diagram
Movement
Globalisation
The process by which the world becomes more socially and economically
connected and
interdependent
Global supply chain - Where the steps of manufacturing, and shipping don’t take place in just one country; how goods are moved around the world
Choke point - A space that slows down the ships going through like the Suez Canal, which are points of political tension because of the power granted to whoever controls them
Imports
Container ship - A type of ship that ships containers across the world, used for trading
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Fair trade - A organization that is striving for better living standards for farmers/growers by have a minimum price for certain products
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Exports
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Commodity - Raw, unmanufactured goods
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Winners From Globalization - Countries that are able gain a lot from globalization; developed countries
Specialization - Where a country focuses on manufacturing/creating a certain product, allowing it to become better at that particular product
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Losers From Globalization - Countries that suffer from globalization not being able to really profit from it; developing countries
Ivory Coast and Chocolate - A country in Africa that grows a lot of cocoa, and ships it to Europe to make chocolate.
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Belt and Road initiative - An initiative made by China to build infrastructure in other countries connecting the world. This is controversial because of the threat it poses to the autonomy of the developing countries who sign on with loans to china, and the promotion of autocratic ideals
Infrastructure - The basic structure of a society, like roads, and schools
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Creative Destruction - Where an idea of something or a product destroys another typically older/ outdated
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