-Have a blank sheet of paper and something to write with Resources & Trade Ch. 4 Sec.4 Before The Bell Rings -Have a blank sheet of paper and something to write with

Where are the world’s centers of manufacturing and trade generally located? How does the distribution of global resources affect the location and movement of people, capital, and products?

List the 5 major renewable resources. Give an example of a non renewable resource. Give an example of a famous hydroelectric power station in both the U.S. & in China. Nations in which latitude zone would benefit most from harnessing solar power?

Discuss Do we need to be concerned about our usage of renewable resources? What about non-renewable resources?

85% of the world’s energy sources are fossil fuels 25% of the world’s oil is consumed by the U.S.!!!! 97% of oil consumed in the U.S. is for transportation. It is estimated that proven resources will last less than 50 years!!!!!!

Discuss What dangers might a country face if they become dependent on only one resource?

Frank and Earnest on Alternative Energy Sources

5. What form of alternative energy creates serious environmental concerns because of potential dangerous waste? 6. Based on the World Economic Activity Map, the majority of South America’s economic activity is based on what type of agriculture?

7. This is an example of which level of economic activity?

Economic Activities Primary- taking natural resources directly from earth Farming, fishing, mining Secondary- use raw materials to make goods Manufacturing, pottery, producing electricity

Economic Activities Tertiary- Provide services to people Doctors, teachers , lawyers Quaternary- Management of information, research, processing

8. This is an example of which level of economic activity?

9. This is an example of which level of economic activity?

10. This is an example of which level of economic activity?

11. This is an example of which level of economic activity?

12. This is an example of which level of economic activity?

13. In the early 20th century, the U. S 13. In the early 20th century, the U.S. economy was focused mainly on what sector of economic activity? 14. What term describes when a multinational company holds their headquarters in a developed nation & and its factories in developing nations? 15. What reasons are there for outsourcing?

16. Because of globalization & outsourcing, the US economy NOW focuses on what sector of economic activity? Video

Discuss 17. Where would many countries in Africa, Latin America, and Asia fall on a spectrum of development? In terms of development, what separates them from the United States? Should the United States be economically involved with nations such as these? Why or why not?

18. During the Cold War, the US imposed what on the USSR & Cuba? 19. What does NAFTA stand for & who are its members? 20. Imported foreign goods such as high end cars & electronics can be more expensive because of what trade barrier?

World Trade Trade barriers: Tariffs (tax)- put on imported goods so ppl buy home goods Quota- limit on # imported from a certain country Embargo- banning trade with a country b/c of political or economic differences Sanctions on Cuba, N. Korea, Iran, Sudan, Syria, Burma (Myanmar)

World Trade Free trade Removal of trade barriers WTO- World Trade Org. GATT- Gen. Agreement on Tariffs & Trade Some join regional grps. NAFTA- North American Free Trade Agreement EU- European Union Have regional currency (euro); free trade

Discuss What are some drawbacks to being interconnected with other nations economically? What problems might the EU face when member countries struggle?

Would this make us more or less aggressive? Discuss How would foreign affairs differ if the US was self-reliant; meaning they did not have to trade with any other nation? Would this make us more or less aggressive?