Increased Globalisation Reasons PDF

Migration Definition: Migration Human migration is the movement of people from one place to another with the intention of settling permanently in a new location. Globalisation caused by - migration Migration can be within a country (from one town to another) or between countries Migr...

Migration Definition: Migration Human migration is the movement of people from one place to another with the intention of settling permanently in a new location. Globalisation caused by - migration Migration can be within a country (from one town to another) or between countries Migration is the movement of people from one place to another with intentions of settling permanently in the new location Migration provides a welcome source of able-bodied workers for businesses Growth of the global labour force Globalisation caused by – Global labour force A global labour force is an international pool of workers, emerging since globalisation and includes those who are: A. Migrant workers B. Working in export C. Employed by MNCs D. Employed by offshoring companies The global labour force is around 3 billion workers worldwide Structural change What is structural change? Structural change is an economic condition that occurs when an industry changes the way it operates As a country develops it moves away from primary sector business and employment (agriculture) to manufacturing as it becomes industrialised It can further develop into a knowledge economy – such as the UK – which specialises in tertiary businesses such as; banking, IT services and insurance Globalisation caused by – structural change The countries that are able to pull themselves out of poverty are those that move away from primary sector business (agriculture) The economy grows as there is more productivity in the secondary sector – manufacturing increases and net incomes rise