Geopolitics (AQA A-Level Geography): Flashcards

Abundant resources lead to lower economic growth & development

From developing to developed countries

Higher mining wages raise currency, hurting export competitiveness

Banned unprocessed ore exports

Increase domestic production + import huge quantities overseas

Chinalco and Jiangxi Copper

Steelworks closures, economic decline, rising unemployment

At least 20 years

Low financial returns, vulnerable to price falls

TNCs collaborate to combine exploration & develop operations