Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has...
Transcript of Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has...
![Page 1: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/1.jpg)
Globalization
![Page 2: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/2.jpg)
![Page 3: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/3.jpg)
RUNDO 3
Reasons why international trade has increased dramatically:
1. Multinational corporations have increasing power. 2. Travel + shipping are cheap and safe. 3. Governments have decreased tariffs + regulations on
international trade.
![Page 4: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/4.jpg)
RUNDO
(n) international trade left to its natural course without tariffs, quotas, or other restrictions
4
free trade
![Page 5: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/5.jpg)
![Page 6: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/6.jpg)
RUNDO
(n) Finances given to companies or groups from the government in order to stimulate economic activity or promote activities that are in the public good
6
government subsidies
![Page 7: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/7.jpg)
![Page 8: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/8.jpg)
![Page 9: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/9.jpg)
![Page 10: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/10.jpg)
RUNDO
Industrial Revolution: • Industrialized Western powers produced most
manufactured goods and sold them internationally
• But most of them were sold domestically (in their own country)
10
Global Trade of the past
![Page 11: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/11.jpg)
RUNDO
Since 1960s: • Other countries are making manufactured
goods • Some for their own country • But most internationally
Example: Device you are on now was probably manufactured in China with parts manufactured all of the world
11
Global Trade of the present
![Page 12: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/12.jpg)
RUNDO
(n) movement of people from one place to another with the intentions of settling, permanently or temporarily (We are obviously talking about human migration.)
12
migration
![Page 13: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/13.jpg)
![Page 14: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/14.jpg)
![Page 15: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/15.jpg)
![Page 16: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/16.jpg)
![Page 17: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/17.jpg)
![Page 18: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/18.jpg)
![Page 19: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/19.jpg)
![Page 20: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/20.jpg)
![Page 21: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/21.jpg)
![Page 22: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/22.jpg)
![Page 23: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/23.jpg)
![Page 24: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/24.jpg)
![Page 25: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/25.jpg)
![Page 26: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/26.jpg)
![Page 27: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/27.jpg)
RUNDO 27
Population growth over time
![Page 28: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/28.jpg)
![Page 29: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/29.jpg)
RUNDO 29
Think of how far we’ve come…
![Page 30: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/30.jpg)
RUNDO 30
Job Changes
![Page 31: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/31.jpg)
RUNDO 31
Negative Environmental Effects
![Page 32: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/32.jpg)
RUNDO 32
Health
![Page 33: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/33.jpg)
RUNDO 33
Economically dependent world less likely to go to war?
![Page 34: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/34.jpg)
RUNDO 34
Spread of Democracy
![Page 35: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/35.jpg)
RUNDO 35
Polarization of wealth
![Page 36: Globalization · 2020-05-02 · Globalization . RUNDO 3 Reasons why international trade has increased dramatically: 1. Multinational corporations have increasing power. 2. Travel](https://reader035.fdocuments.us/reader035/viewer/2022070713/5ed3214bbda11e6747513bc2/html5/thumbnails/36.jpg)
RUNDO 36
Is globalization a net positive or negative?