Globalization.

Slides:



Advertisements
Similar presentations
Copyright 2007 – Biz/ed Globalisation.
Advertisements

©2009 The McGraw-Hill Companies, All Rights Reserved ©2009 The McGraw-Hill Companies, All Rights Reserved Chapter 6 International Business McGraw-Hill/Irwin.
Business in a Global Economy
LATIN AMERICA GOVERNMENTS AND ECONOMIES. GOVERNMENTS IN LATIN AMERICA MOST COUNTRIES HAVE A HISTORY OF MILITARY RULE CORRUPTION POLITICAL INSTABILITY.
Economics of Latin America. Panama Canal Video Clip Question – 1. How does the Panama Canal work?
Economics of Latin America
Chapter 32 The Global Sneaker.
Economics in Latin America. Natural Resources Minerals:  gold  iron  copper  silver  nickel.
Chapter 5 – Agreements, Organizations and Policies.
Ch.36 Global Interdependence Main Idea: New technologies have brought people around the world closer to one another and improved their lives. New technologies.
THE ECONOMICS OF FOOD Disparity; Cycle of poverty; 1 st and 3 rd world gap.
What is it ?. An economic phenomenon? A social phenomenon? A cultural phenomenon? “the process through which an increasingly free flow of ideas, people,
Economics of Latin America To get the file: - Go to My Computer – S:) Student Read Only – Orso Folder – Latin America Folder – Open the file called Economics.
What is Globalization?? Globalization is a process of interaction and integration among the people, companies, and governments of different nations.
Copyright 2007 – Biz/ed Globalization.
3-3 The Human Geography. Economya system in which people make, exchange, and use things that have value Producersowners and workers Consumerspeople who.
PHS Geography – World Issues.  Definition:  An economic phenomenon?  A social phenomenon?  A cultural phenomenon?  The movement towards the expansion.
Globalization.  Your Shoes Designed in the US, Europe, or JapanDesigned in the US, Europe, or Japan Assembled in AsiaAssembled in Asia Use raw materials.
Canada and Globalization
Warm Up What do you think causes the economies of some less developed nations to grow rapidly?
Globalization.
Economics of Latin America To get the file: - Go to My Computer – S:) Student Read Only – Orso Folder – Latin America Folder – Open the file called Economics.
OUTSOURCING & OFFSHORING
Global Impacts and Global Organizations. Environmental Challenges Technology and industrialization have helped to raise the standard of living for many.
The Global Sneaker From Asia to Everywhere. ‘Where are you wearing?’ – brand/country – 2 in each ClothingSHOESTechnology OTHER (list) Brand/country.
What is Globalization????? Globalization is………. Goods and services exchanged through trade across national boundaries, creating a global market.
Cultural, Economic, and Social Conditions of the Contemporary World.
HIGHER BUSINESS MANAGEMENT
Economics Review.
Industrialization #2 The future of Industry.
Globalization Unit 5.
Siddhartha Guatama Quran Caste System Triumvirate No founder
Globalization & Health
Nickels 6e/Copyright © 2007 McGraw-Hill Ryerson
Wealth Test Review.
Globalisation.
Where is Industry Expanding?
GLOBALISATION.

Business in the Global Economy
Multinational companies
Globalisation.
Globalisation.
International Business
The Globalization of Industry
Globalization You are expected to explain the key arguments for and against the processes of “globalization” in economics, politics, and culture.
Globalization LG2: Describe the economic and social impact of 20th century globalization and describe the role technology played in developing the modern.
Globalization 101: Why Nations Trade
Globalization LG2: Describe the economic and social impact of 20th century globalization and describe the role technology played in developing the modern.
Latin America and the Industrial Revolution
Globalisation: An Introduction
Globalization An Introduction
Economic and Political Characteristics
Globalization LG2: Describe the economic and social impact of 20th century globalization and describe the role technology played in developing the modern.
Chapter 8 Economic Integration.
Nickels 6e/Copyright © 2007 McGraw-Hill Ryerson
International Trade Agreements
Globalization.
Chapter 4 : Lesson 4 Economic Geography
F/T, 10/25-29 After documenting your homework (on board), turn off and put away your electronic device. Organize your project to be stapled as follows:
Aim: What are some patterns and effects of global trade?
Cost/Benefit Analysis: Europe vs. American Labor Laws
The U.S. in the Global Economy
How did this happen so fast?
Introduction to Trade Nickels 6e/Copyright © 2007 McGraw-Hill Ryerson.
Globalization.
Globalisation.
Grab today’s Agenda (13:6).
Trade and Globalization
Quietly Study for you test! You have 10 minutes.
Presentation transcript:

Globalization

Your Shoes Designed in the US, Europe, or Japan Assembled in Asia Use raw materials for the UPPER (the top part) Leather from Venezuela or Texas Nylon from South Korea Use raw materials for the SOLE Rubber from Brazil Synthetic rubber from Taiwan

Your Job Trace the outline of your shoe on the paper provided and do the following: Write the CITY where you BOUGHT the shoe along the left edge. Write the CITY or COUNTRY where the company has its headquarters (ex. PUMA is based in Germany) along the right edge Write the COUNTRY it was manufactured in the middle

GLOBALIZATION The development of a global society People, money, information, and goods flow freely across national borders. Really gets going under Regan in the 1980’s

How did it start? Advances in transportation and communication The Internet Air travel Regional Free Trade Agreements Low/no tariffs to ship goods between countries North America Free Trade Agreement (NAFTA), The European Union, etc.

3. Rise of Multinational Corporations Challenge state authority and autonomy Coke Sony McDonalds List two possible ways this might happen in your notebook.

Why Trade Globally? Benefits of Trade: Greater potential for economic growth Increase economies of scale Greater employment opportunities Trade has led to massive increases in wealth for many countries. Copyright: budgetstock, stock.xchng

Disadvantages of trade: Increase in gap between rich and poor Dominance of global trade by rich, northern hemisphere countries Lack of opportunities for the poor to access markets Exploitation of workers

In places with increased levels of poverty some disease persist Tuberculosis

More POV Practice From the Morningside Center for Teaching Social Responsibility, 2004 A taxi driver in Chile quit because he couldn't make enough money. He got a job at a chicken-processing plant in a small town owned by Chileans. The plant processes chickens for sale in Chile and for export to other Latin American countries as well as to Europe and Asia. "His job is to stand in a freezing room and crack open chickens as they come down an assembly line at the rate of 41 chickens per minute," writes Tina Rosenberg in New York Times Magazine, 8/18/02. "His work uniform does not protect him from the cold, the man said, and after a few minutes of work he loses feeling in his hands. Some of his colleagues, he said, are no longer able to raise their arms. If he misses a day he is docked $30. He earns less than $200 a month. Globalization has offered this man a hellish job, but it is a choice he did not have before, and he took it. I don't name him because he is afraid of being fired. When the chicken company is hiring, the lines go around the block."