This test is run by .
Note that your final mark will not be saved in the system.
Note that your final mark will not be saved in the system.
Rapid development in LICs and NEEs GapFill
Target Level
4-5
Running Total
0
0%
Attempt
1 of 3
You must fill all the gaps before clicking ‘Check Answers!’
LICs and NEEs are developing very rapidly. This is often achieved through
and increasing the
output from the secondary and tertiary sectors. The secondary sector refers to
, whereas the tertiary sector refers to
.
corporations (also written as TNCs) often set up production in LICs or NEEs as wages are often
so the companies can maximise profits. This move is known as
. There are many advantages and disadvantages to the LIC or NEE that a TNC has outsourced to. Advantages include economic opportunity, the
multiplier effect and the opportunity to encourage
industrialisation. Disadvantages include
of workers, economic
and environmental damage such as
. There is also the argument that TNCs and globalisation can lead to the
of cultures, which means that local customs and traditions are erased and many countries’ cultures become the same. This is sometimes seen as a negative viewpoint as it is not
sustainable. On the other hand however, some TNCs have
their businesses and products to fit in with local cultures, which can be seen as more socially sustainable.