Geography HL
Geography HL
13
Chapters
193
Notes
Option A - Freshwater – Drainage basins
Option A - Freshwater – Drainage basins
Option B - Oceans & Coastal Margins
Option B - Oceans & Coastal Margins
Option C - Extreme Environments
Option C - Extreme Environments
Option D - Geophysical Hazards
Option D - Geophysical Hazards
Option E - Leisure, Tourism & Sport
Option E - Leisure, Tourism & Sport
Option F - The Geography Of Food & Health
Option F - The Geography Of Food & Health
Option G - Urban Environments
Option G - Urban Environments
Unit 1 - Changing Population
Unit 1 - Changing Population
UNIT 2 - Global Climate - Vulnerability & Resilience
UNIT 2 - Global Climate - Vulnerability & Resilience
Unit 3 - Global Resource Consumption & Security
Unit 3 - Global Resource Consumption & Security
Unit 4 - Power, Places & Networks
Unit 4 - Power, Places & Networks
Unit 5 - Human Development & Diversity
Unit 5 - Human Development & Diversity
Unit 6 - Global Risks & Resilience
Unit 6 - Global Risks & Resilience
IB Resources
Unit 5 - Human Development & Diversity
Geography HL
Geography HL

Unit 5 - Human Development & Diversity

Pros & Cons Of Globalized Vs. Local Production

Word Count Emoji
673 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited on 5th Nov 2024

Table of content

Introduction

Globalized production and local commercial production both have advantages and disadvantages. Their impacts differ across various stakeholder groups, namely producers, consumers, and the local economy. Let's delve into these differences with some real-world examples!

Globalized production vs. local commercial production

🔹Benefits for producers

  • Local Commercial Production: Producers enjoy increased market access and the potential for more direct sales to consumers, often called "farm-gate sales". Imagine a local farmer selling her fresh tomatoes at a farmer's market – she is accessing her market directly!

  • Globalized Production: Producers can create food products more cheaply and uniformly. Think McDonald's – it maintains uniform standards for its burgers, no matter where in the world you're eating one!

🔹Benefits for consumers

  • Local Commercial Production: Consumers get fresh, in-season food, reducing their carbon footprint due to lower "air miles" (distance food travels from producer to consumer). It's like picking apples from your neighbor's orchard instead of buying ones shipped from another country.

  • Globalized Production: Consumers can buy inexpensive food all year round, and have access to a variety of products. Like how you can enjoy strawberries in winter, thanks to globalization!

🔹Benefits for local economy

  • Local Commercial Production: The local farming economy improves, and other sectors like fertilizer production, veterinary services, and farm equipment also experience growth due to the multiplier effect.

  • Globalized Production: Local economies can focus on producing large quantities of a single product for major Transnational Corporations (TNCs), leading to specialization, intensification, and increased production. Think of Brazil focusing on soybean production for global demands!

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Geography HL. Subscribe now and get closer to that 45 🌟

Nail IB's App Icon
IB Resources
Unit 5 - Human Development & Diversity
Geography HL
Geography HL

Unit 5 - Human Development & Diversity

Pros & Cons Of Globalized Vs. Local Production

Word Count Emoji
673 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited on 5th Nov 2024

Table of content

Introduction

Globalized production and local commercial production both have advantages and disadvantages. Their impacts differ across various stakeholder groups, namely producers, consumers, and the local economy. Let's delve into these differences with some real-world examples!

Globalized production vs. local commercial production

🔹Benefits for producers

  • Local Commercial Production: Producers enjoy increased market access and the potential for more direct sales to consumers, often called "farm-gate sales". Imagine a local farmer selling her fresh tomatoes at a farmer's market – she is accessing her market directly!

  • Globalized Production: Producers can create food products more cheaply and uniformly. Think McDonald's – it maintains uniform standards for its burgers, no matter where in the world you're eating one!

🔹Benefits for consumers

  • Local Commercial Production: Consumers get fresh, in-season food, reducing their carbon footprint due to lower "air miles" (distance food travels from producer to consumer). It's like picking apples from your neighbor's orchard instead of buying ones shipped from another country.

  • Globalized Production: Consumers can buy inexpensive food all year round, and have access to a variety of products. Like how you can enjoy strawberries in winter, thanks to globalization!

🔹Benefits for local economy

  • Local Commercial Production: The local farming economy improves, and other sectors like fertilizer production, veterinary services, and farm equipment also experience growth due to the multiplier effect.

  • Globalized Production: Local economies can focus on producing large quantities of a single product for major Transnational Corporations (TNCs), leading to specialization, intensification, and increased production. Think of Brazil focusing on soybean production for global demands!

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Geography HL. Subscribe now and get closer to that 45 🌟