■ Essential Question: – What is the impact of globalization on the modern world? ■ CPWH Agenda...
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Transcript of ■ Essential Question: – What is the impact of globalization on the modern world? ■ CPWH Agenda...
![Page 1: ■ Essential Question: – What is the impact of globalization on the modern world? ■ CPWH Agenda for Unit 14.5: – Clicker Review Questions – “Globalization”](https://reader033.fdocuments.us/reader033/viewer/2022061423/5697c02e1a28abf838cd9f99/html5/thumbnails/1.jpg)
■Essential Question:–What is the impact of globalization
on the modern world?
■CPWH Agenda for Unit 14.5:–Clicker Review Questions–“Globalization” notes–Today’s HW: 36.4 & 5–CPWH Final Exam: May 23-24–County Post-Test: May 25-27
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One of the biggest changes of the mid-20th century was the rapid increase in globalization
What is “globalization”?
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Globalization is the increased flow of trade, people, technology, culture, & ideas among countries
Today, globalization is most associated with international trade &
multinational corporations…
…advances in technology & communication…
…& increase in cultural diffusion
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How new is globalization? What previous examples can you remember?
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Globalization has been around for centuries but has been rapidly increasing since 1990
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What has led to increased globalization?
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Globalization has increased due to lowered trade barriers, new trade
organizations, & increased communication
OPEC is a cartel of oil producing nations
The World Trade Organization (WTO) promotes free trade The United Nations
settles trade disputes among
member nations
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What are some positive effects of globalization?
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Increased trade gives people more goods & services
Companies lower costs & prices by buying materials & hiring
workers from other countriesGlobalization increases access
to medicine & technology Creates jobs &
raises standard of living
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What are some negative effects of globalization?
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Globalization increases the gap between the developed nations
& developing nations
Outsourcing leads to low-paying jobs in
developing nations
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Globalization increases spread of Western culture & resentment among non-Western nations
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Globalization increases environmental pollution & the depletion of natural resources
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What are some effects of multinational businesses?
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Multinational corporations (MNCs) operate in multiple countries in order to gain raw materials, assemble products, & sell throughout the world
Can you name 1 of the top 10 multinational corporations in the world? (Hint: only 1 is shown in this image)
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What is the future of globalization?
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The future is going to change rapidly…To be successful in the future, we
need to be ready to adapt
Did You Know? 3.0