America’s increasing involvement with internationalism.

Slides:



Advertisements
Similar presentations
Chapter 17 International Trade.
Advertisements

Chapter 4 Global Analysis
Controversies in Trade Policy
Big Business Toni Shulman, Emily Waldenberg, Cole Charney, Melanie Smith US History 1 CP Period 2.
The future of Industry. Labor most important factor changing location of industry in the 21 st century Shifts within MDC – US – Europe – Japan International.
Industrialization. Industrialization Basic Vocabulary.
ECONOMIC DEVELOPMENT OF LATIN AMERICA STUDY GUIDE.
Review ● What are the three basic economic questions? ● Who owns all businesses in a command economy? ● In which economies do citizens own their own businesses?
OGT SESSION 1 ECONOMICS.
NAFTA North American Free Trade Agreement.
Global Interdependence Obj Chapter 26, Sect. 1 and Chapter 27, Sect.1.
Chapter 7.1 Trade Between Nations.
Business in a Global Economy
LATIN AMERICA. MEXICO CHAPTER 6 SECTION 1 LAND BRIDGE What ocean is this? Which sea is located here?
Lecture 12 Global Inequality: (Dis)connecting Consumption from Production.
1 Chapter 7 Section 1 Global Economics Objectives Describe how international trade benefits consumers. Explain the significance of currency exchange rates.
International Trade: Key Terms Define the following: International Trade- Goods- Import- Export- Tariff- N.A.F.T.A.- G.A.T.T.-
Chapter 17: International Trade Section 2
A Changing World Latin American Problems Chapter 25, Section 1.
 Economic Systems must make three basic decisions: 1) What and how many goods and services should be produced? 2) How should they be produced? 3) Who.
Chapter 17 International Trade. Why Do Nations Trade? There is an unequal distribution of resources There is an unequal distribution of resources High.
1. In the late 1700s the British government used the colony of Australia as: A. a location in which to build new factories. B. a prison to which criminals.
Trade Barriers.
Mexico.  Capital: Mexico City  Size: 3x size of Texas  31 states.
NAFTA North American Free Trade Agreement. Canada, United States, and Mexico This agreement lifted tariffs between the three member countries.
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.
Since slaves took many lower class Roman jobs the lower class needed money. The government spent most of their money on the lower class with grain, oil,
+ Foreign Trade U.S. Trading with other Countries.
Unit 15 Why Nations Trade.. Section 1-4 Why Nations Trade In a recent year, about 8 percent of all the goods produced in the United States were exported,
NAFTA N orth A merica F ree T rade A greement. Tariff/Duty: A tax on imports and exports.
Why are both countries “rich”?.  What did Europe take to the “New World”?  What did explorers take back to Europe?  Goods  Ideas  Helped Europe’s.
International Trade & its Benefits. Why do Nations Trade? To obtain goods they cannot produce To reflect comparative advantage- when one country produces.
Fashion and Economics.
Foreign Trade and Trade Agreements. Trade is an important part of Canada’s economy and our number 1 trade partner is the USA; they buy about 90% of the.
Is NAFTA good for everyone?
North American Free Trade Agreement
Free Trade VS. Protectionism. Tariffs A tariff is a tax on an import. Tariffs cause foreign items to be more expensive as a tax is charged to each item.
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.
The Second Industrial Revolution America Mechanizes
North American Free Trade Agreement. NAFTA stands for “North American Free Trade Agreement”. It is an agreement between the countries of North America:
OUTSOURCING & OFFSHORING
Good or Bad For America?. Whom does it benefit: Consumer or Business What impact is it having? Helpful or harmful? – For Businesses? Workers? Consumers?
Nafta By Jaqueline Espinosa. What is Nafta? In 1994, the North American Free Trade Agreement (NAFTA) came into effect, creating one of the world’s largest.
Global Economic Development Ms. Thompson. Economic Expansion Post WWII The United States helped countries re-build and rebuild their economies after WWII.
Chapter 9: Labor Section 1. Copyright © Pearson Education, Inc.Slide 2 Chapter 9, Section 1 Objectives 1.Describe how trends in the labor force are tracked.
$5 $7 $8 $6 Question #1 Who would you buy your hammer from, an American business, a South American business, an African business or a European business?
Trouble in Juarez BY Chris Maleki Jason Swope.  NAFTA, the North American Free Trade Agreement, was signed by the United States, Canada, and Mexico.
North American Free Trade Agreement
North American Free Trade Agreement
North American Free Trade Agreement
International Trade and Global Products
America’s increasing involvement with internationalism
North American Free Trade Agreement
North American Free Trade Agreement
The Globalization of Industry
Trade Barriers and Trading Blocks
North American Free Trade Agreement
North American Free Trade Agreement
North American Free Trade Agreement
Global Trade and Regulations
North American Free Trade Agreement
UNIT C The Business of Fashion
Free Trade.
Is NAFTA good for everyone?
Global Trade & Economic Interdependence
North American Free Trade Agreement
North American Free Trade Agreement
Warm Up: What is the message of the cartoon?
North American Free Trade Agreement
About NAFTA Governments often try to establish free trade, or the
Presentation transcript:

America’s increasing involvement with internationalism

1. Immigrants from countries such as Mexico take jobs away from Americans that need them because they will agree to work for less pay and benefits. 2. Any good business owner would hire the worker that agreed to work for less pay and benefits, rather than the worker that demands more.

Initial refusal to enter World War II Refusal to join League of Nations after World War I

Several key events show the US’s shift to supporting a policy of getting involved with international affairs US joins League of Nations after WWII US joins the World Trade Organization

The WTO is a group of nations that meets to encourage more global free trade. It is meant to allow businesses to do business in just about any part of the world without hardly any restrictions against them.

This allows businesses to make the greatest amount of profit possible by searching the entire GLOBE for the best markets. If businesses are making money, they should also be hiring workers, and more jobs should become available worldwide.

Businesses can more easily take advantage of countries that do not protect workers’ rights, paying people almost nothing to work in their factories and fields. In the US, workers can easily lose jobs if businesses decide to send their factories to other countries where labor is much cheaper.

Pros Businesses can cut costs and become more profitable Business profits can increase the number of jobs available worldwide Businesses take advantage of countries where the government does not protect its citizens US workers can lose jobs if companies send their factories to foreign countries (a practice known as “offshoring”) Cons

Let’s say you have a problem with your computer. You call the company’s “help desk” to get them to tell you how to fix it.

The employee you speak to is very helpful, and you fix your computer. You ask her where she is working out of, and she says she is working from India, on the other side of the world!

This person works in India because the computer company has to pay him or her MUCH less money than if they were to pay an American to do the same job. The company ends up making more money, and they charge you less to buy your computer. However, all of those jobs with this AMERICAN company go to other countries, not to Americans. JOBS

NAFTA is an agreement between the countries of the United States, Mexico and Canada that opens up free trade between all three nations. It is designed to do basically the same things as the WTO… Create free trade so businesses can do business where they want to and make the most profit possible It has many of the same criticisms… American companies will send their jobs to foreign countries!!! Those foreign workers will be getting paid slave wages!!!

Only the rich countries will benefit, and only the extremely wealthy within those rich countries will benefit… Corporations will hugely expand their global control… Workers around the world will have an increasingly worse standard of living…

Answer the questions on your guided notes.

WTO and NAFTA are free trade agreements that make it easy for corporations to do business in most parts of the world. These come about in the mid-1990s. Many American corporations have taken advantage of free trade by offshoring their manufacturing jobs. They only need to pay foreign workers a fraction of what they pay American workers. Impact of World Trade Organization (WTO) and North American Free Trade Agreement (NAFTA)

Offshoring means fewer jobs for Americans, and it oftentimes means foreign workers are getting paid extremely low wages and working under harsh conditions. Impact of World Trade Organization (WTO) and North American Free Trade Agreement (NAFTA)

Manufacturing/fa ctory jobs A lot of this development occurred during the Industrial Revolution!

This meant that a lot of Americans who used to have factory jobs in the northeast were now unemployed.

Jobs move south

Rust Belt Northern US PUSH factors for migration (pushing people away) Sun Belt Southern US PULL factors for migration

Rust Belt Northern US PUSH factors for migration (pushing people away) Industrial jobs quickly being offshored or sent south, starting in the 1960s and 70s People do not like the cold winters, harsh weather Sun Belt Southern US PULL factors for immigration Increasing number of jobs become available (oil, agriculture, military) Workers from the north move into the south to get jobs Mexican immigrants increase population of cheap labor People attracted to the beautiful weather and mild winters