Back to Topic 6.1 — Geopolitical and economic risks
6.1.1Geography HL12 flashcards

Geopolitical and economic risks

Practice Flashcards

Flip to reveal answers
Card 1 of 126.1.1
6.1.1
Question

Define geopolitical risk.

Click to reveal answer

Track your progress — Sign up free to save your progress and get smart review reminders based on spaced repetition.

All 12 Flashcards — Geopolitical and economic risks

Sign up free to track progress and get spaced-repetition review schedules.

Card 1definition

Question

Define geopolitical risk.

Answer

The threat that **conflict, sanctions, trade wars or unstable governments** will disrupt the flows of goods, energy, money and people between states.

Card 2definition

Question

Define economic / financial contagion.

Answer

The way a **shock spreads** from one market or country to others through their financial links (a banking crisis, a currency crash, a default).

Card 3definition

Question

What is supply-chain risk?

Answer

The danger that **production stops** because a long, just-in-time chain is broken at one weak point — a factory, a port or a single supplier.

Card 4definition

Question

Define a chokepoint. Give an example.

Answer

A **narrow place** a huge share of global trade must pass through, so a blockage there disrupts the whole flow — e.g. the **Suez Canal** or the **Strait of Hormuz**.

Card 5definition

Question

What is just-in-time (JIT)?

Answer

Making and delivering goods **only as needed**, holding almost no stock — cheap and efficient, but **fragile** if any link in the chain fails.

Card 6definition

Question

Define cyber-security.

Answer

Protecting **computer networks, data and infrastructure** from attacks such as hacking, ransomware and data theft.

Card 7concept

Question

What is systemic risk?

Answer

The risk that a **failure in one part** of a connected system brings down much of the rest, rather than staying contained.

Card 8concept

Question

Name the four main risks global interactions create.

Answer

**Financial contagion**, **supply-chain disruption**, **cyber-attacks**, and **technological disruption** (automation/AI displacing jobs).

Card 9concept

Question

Why does connection breed risk?

Answer

Every link is also a **route for shocks to travel** — efficiency is traded for **resilience**, so a local failure becomes a global one fast.

Card 10concept

Question

Name two economic risks from new technologies.

Answer

**Automation and AI** displacing routine jobs, and **3D printing / digital retailing** hollowing out factories, high streets and the jobs and tax they supported.

Card 11concept

Question

Why is new technology 'double-edged' for risk?

Answer

It **creates** risk (cyber-attacks, job loss) but the **same** technology helps **manage** risk (cybersecurity, biometric borders, GIS, drones).

Card 12concept

Question

What judgement do examiners reward on the greatest risk?

Answer

No risk is greatest everywhere — it **depends on scale, timescale and place**; the greatest threat is the one a people or place is **least able to absorb** (resilience).

Track your progress with spaced repetition

Sign up free — Aimnova tells you exactly which cards to review and when, so you remember everything before your IB exam.

Start Free
IB Geography Geopolitical and economic risks Flashcards | 6.1.1 | Aimnova | Aimnova