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Questions and Answers
What is the primary intention of human migration?
What is the primary intention of human migration?
Which of the following best describes the global labour force?
Which of the following best describes the global labour force?
What occurs when a country experiences structural change?
What occurs when a country experiences structural change?
Which sector does a country usually move away from during structural change?
Which sector does a country usually move away from during structural change?
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Which of the following includes a source of able-bodied workers for businesses?
Which of the following includes a source of able-bodied workers for businesses?
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Which of the following categories is NOT part of the global labour force?
Which of the following categories is NOT part of the global labour force?
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What is likely to happen to economies as they shift towards secondary sector growth?
What is likely to happen to economies as they shift towards secondary sector growth?
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What is a significant outcome of the globalisation process?
What is a significant outcome of the globalisation process?
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Which type of economy does a country typically aim to develop into after initial industrialisation?
Which type of economy does a country typically aim to develop into after initial industrialisation?
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During structural change, what is the economic impact of increased manufacturing?
During structural change, what is the economic impact of increased manufacturing?
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Study Notes
Migration
- Migration is the movement of people from one place to another with the intention of settling permanently.
- Migration can be within a country or between countries.
- Migration is a driver of globalization, providing a source of workers for businesses.
Globalization Caused by Migration
- Globalization is driven, in part, by migration.
- Migrant workers contribute to a global labor force.
- Migration can be a positive factor for businesses seeking a workforce.
Growth of the Global Labour Force
- The global labor force is an international pool of workers.
- The global labor force includes migrant workers, those working in export, those employed by multinational corporations (MNCs), and those employed by offshoring companies.
- The global labor force is approximately 3 billion workers worldwide
Structural Change
- Structural change is an economic condition where an industry modifies how it operates.
- As a country develops, it shifts from primary industries (like agriculture) to manufacturing and then to a knowledge economy (like banking, IT services, and insurance).
- Structural change is a crucial aspect of economic development.
- Countries moving away from primary sector jobs towards secondary labor increase productivity resulting in higher net incomes.
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Description
This quiz delves into migration as a key factor in globalization, exploring how movement of people influences labor markets. It looks at the growth of the global labor force and the structural changes in industries driven by migration. Understand the implications of these changes on economies and businesses.