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IB Geography (HL 1) Cheat Sheet (DRAFT) by

IB Geography HL Topic 1: Power, Places and Networks

This is a draft cheat sheet. It is a work in progress and is not finished yet.

Key Terms

Key Terms
Foreign Direct Invest­ment:
the investment by a company into the struct­ures, equipment or organi­sations of a foreign country, doesn't include invest­ments in shares of companies of other countries
the growing interd­epe­ndence of countries worldwide through the increasing volume and variety of cross-­boarder transa­ctions in goods and services and of intern­ational capital flows, and through more rapid and widespread diffusion of technology
Global Village:
the idea that the world has been transf­ormed into a "­vil­lag­e" by the almost instan­taneous transm­ission of inform­ation, facili­tated by improv­ements in ICT
the process by which firms move production overseas
when a firm obtains inputs such as skills and services from instead of sourcing them internally
a nation or group of nations with a leading position in intern­ational politics

Case Studies

Case Studies
Global Superp­ower:
USA - after the second world war, the US had enhanced status through global projec­tions of US military strength. Econom­ically, wartime production stimulated its economy and did not suffer from wrecked infras­tru­cture like in the UK. From here, the US is selling military worldwide, accounting for half of all intern­ational arms sales
Emerging Superp­ower:
China - since 1978, the standard of living for most in China has tripled as China has transf­ormed its economy, increasing each year by 8%. China has become the world's leading manufa­cturing centre and world's largest exporter by value. This has created a large demand for raw materials to create products. Despite rapid change, the structure of the Chinese economy has the character of a poor developing country, with half of workforce employed in the primary sector (fishing, mining, farming, etc)
Apple - one of the richest corpor­ations in the world, valued at $247 billion in 2015. However, Apple has received criticism on human rights, enviro­nmental and ethical issues in China around 2006. Since then Apple has attempted to deal with these issues, although Apple arguably should uphold its duty as a market leader for respon­sible and ethical practices. Apple outsources much of its production to decrease the cost of their products. Foxconn is Apple's principal supplier for workers, since 2006 they have increased working condit­ions, wages and provided counse­lling for workers due to suicides and allega­tions of poor working condit­ions, minimal pay and long hours
Tata Group - Asia's largest software company, top 10 and India's largest steelm­aker, India's largest private electr­icity company, makes up India's biggest luxury hotels, second­-la­rgest maker of tea in the world - operating in over 80 countries. One of India's stars of global­isa­tion. Economic libera­lis­ation was an opport­unity and threat for Tata, enabling Tata to compete intern­ati­onally but was vulnerable to compet­ition as its companies were uncoor­din­ated, overmanned and under-­man­aged. Although, staffing cuts in India and primary focuses on six industries allowed the company to embrace global­isation