EQ1: How is the world interconnected today?

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Presentation transcript:

EQ1: How is the world interconnected today? Key Terms: United Nations, OPEC, GATT, Green Revolution, Kyoto Protocol, Globalization, Technology

United Nations 1945, International Org: deals with economic & social development, human rights, humanitarian aid, & international law.

OPEC Org. of Petroleum Exporting Countries 1960 est. between Saudi Arabia, Iran, Iraq, Kuwait, Venezuela & several small states along Persian Gulf End power of Western Oil companies, & determine production quotas & prices 1973: Oil was used as a weapon during Yom Kippur War, caused a world wide recession

World Trade Org GATT: General Agreement on Tariffs & Trade Goal: to set global rules to ensure that trade flows as smoothly & as freely as possible Oppose: protectionism – use tariffs & other restrictions that protect a country’s home industries against international competition

Environment Pollution threatens the environment, oil spills, acid rain, deforestation, global warming, erosion 1960s Green Revolution Helped to avert famine & increase crop yields in many parts of the world Fertilizers & pesticides contain dangerous chemical that may cause cancer & pollute

Kyoto Protocol Treaty signed in 2005, by 140 countries Purpose to lower emissions of carbon dioxide & other “green house” gases that contribute to global warming

Globalization National economies, politics, cultures, societies, technology, & education become integrated Multinational Corp.- assets in many countries & sell their goods & services world wide Invested in developing world.