...Skip to content HOME BLOG A2 GEOGRAPHY Discuss the roles and relative importance of NICs and TNCs in a changing global economy. Discuss the roles and relative importance of NICs and TNCs in a changing global economy. An economy is the activities related to the production of goods and services within a specified geographic region. This can exist on a national scale, the trade and services within a country, but equally, if countries trade goods and services with each other, their economies interact, it can happen on a global scale, this is known as globalisation. This interaction of economies on a worldwide scale is else known as the global economy, and NICs and TNCs play a fundamental role in changing how it operates. An ‘NIC’, else known as a ‘newly industrialising country’ is a country where industrial production has grown sufficiently for it to become a major source of their income as a nation. A ‘TNC’ is a company that operates in at least two countries. They often have management headquarters in their home country and operate in host countries alongside; examples would include GlaxoSmithKline, BP, Wal-Mart and Coca-Cola. NICs are having a prominent impact on sculpting the global economy. They are characterised by the fact that they are gaining an increasing share of the world manufacturing output, a significant growth in their manufactured export production and a significant annual growth in their manufacturing sector. The first generation of NICs were,...
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...Assessment could be defined as the “process of gathering, interpreting, recording and using information about students’ responses to an educational task. “(Harlen, Gipps, Broadfoot, Nuttal. 1992. P.214) It is a part of everyday life for all teachers; it is an integral part of teaching and learning and is a basis for planning lessons and schemes of work based on national curriculum. The main function of assessment is to support teachers and learners in achieving their objectives and aims; by providing information about the progress of learners and by helping institutions to improve and perform better. Assessment can sometimes be seen as something extra that teachers have to undertake, outside of their daily routines; such as invigilating exams or taking books home to mark after school; although assessment is not just marking and awarding grades. It involves identifying at what stage of learning each pupil or student is at, as well as highlighting any miscomprehensions within their learning. It is then possible for a teacher to fill these voids of knowledge and plan lessons appropriately by tailoring lessons to the academic needs of the learners. Using assessment is vital for any learning facilitator and it therefore underpinned by the governments teaching standards, which also make assessment very necessary. Teaching standard 6 requires that to “Make accurate and productive use of assessment”. (URL 5) Assessment itself is a very broad term and many variations exist with...
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