Transcript Issues of Economic Globalization and Expanding Globalization

Issues of Expanding
Globalization
Related Issue 3
To what extent should we embrace globalization?
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In our studies of related issue #3 we will consider the
following:
Foundation of Economic Globalization
To what extent did 20th Century world events shape contemporary
economic globalization?
Expanding Globalization
To what extent do contemporary factors (such as transnationals,
international agreements, communication technologies) contribute to
expanding globalization?
Globalization and Sustainability
To what extent does globalization affect sustainability?
Sustainable Prosperity
To what extent can globalization bring sustainable prosperity to all
people?
Learn the Terms
Refer to Chapter 9 for the answers
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economic
globalization
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communism
economic
depression
market economy
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Planned economic system in which
government owns all means of production
and all citizens work for government
controlled enterprises
Increasing economic integration between
two countries, leading to the emergence of
a global marketplace or a single world
market.
Capitalistic economic system in which there
is free competition and prices are
determined by the interaction of supply and
demand.
Sustained, long term downturn in
activity in one or more economies.
World’s Worst Polluted Places
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Sumgavit, Azerbaijan
Linfen, China
Tianying, China
Sukinda, India
Vadi, India
La Orova, Peru
Dzerzhinsk, Russia
Norilsk, Russia
Chernobyl, Ukraine
Kabwe, Zambia
Pollution in China
has reached
worrying heights.
Sixteen of the
world's 20 mostpolluted cities are in
China, and pollution
from China is
reaching the U.S.
China’s Dark
Clouds
http://video.on.nytimes.com/index.jsp
?fr_story=c5a2900f04776133b6e4b2
9fa16279f4aa6df7e4
Maquilapolis: City of Factories
Located along the Mexican
side of the border
Hundreds of factories
produce a large variety of
goods at a reduced price.
Maquiladoras
Offer employment
Poor work conditions
http://www.youtube.com/watch?v=tRdu5qo-htU
Foxconn
Electronic manufacturer
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Apple-Foxconn
iSlave...
http://www.yout
ube.com/watch?
v=9jOgRpO5i94
&feature=relate
d
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Suicide rates at
Foxconn...
http://www.yout
ube.com/watch?
v=aBoFxpM1UY0