GGR325H5- Midterm Exam Guide - Comprehensive Notes for the exam ( 34 pages long!)
Document Summary
Transnational corporations: headquarters in one country and operates or owns subsidiaries in other countries, coordinate and control production in multiple countries, capitalize on geographic variations in factors of production. Macro-level approaches transnational: corporate"s need to make profits motivates companies to become, firms must compete with global rivals. Country that advocated free trade only after becoming industrial powerhouse: Three categories of extractive industries: energy minerals and metallic minerals and non metallic minerals. Global oil production & copper: production widespread but dominated by small number (saudi arabia and. Russia are top two: over 50% of exports go to us and euro, production increase of copper more profound than oil as flexibility of copper in a variety of end uses (latin american most dominant) 5 perspectives: material substance - (passive object, tool) limits the ability to consider impact on society / social change occurring from technology, knowledge ideas, through processes preceding creating of an object.
