Warm-up: Describe what you think the term “globalization” means.

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Presentation transcript:

Warm-up: Describe what you think the term “globalization” means.

21 st -Century United States Globalization

America & The World After WWII (1942), the U.S. became world superpower with Russia “New world order”—spread democracy Critics on left charge that U.S. is using military “intervention” to advance economic interests – 1991 Gulf War & 2003 Iraq War Critics on right charge that U.S. allowing itself to be swayed by interests of other nations – 1993 Somalia & 1993 Balkans (humanitarian) – Ceding sovereignty to international organizations

America & The World Turn of 21 st -Century view was interventionist UN-United Nations – International organization but steered by US WTO-World Trade Organization – Free-trade agreements IMF-International Monetary Fund – Controls international credit and exchange rates World Bank – Makes money available for development projects in many countries

Opposition to Globalization Labor unions – Export of jobs Other groups – Humanitarian—working conditions – New class of “slave laborers” Environmentalists – Exporting industrial pollution & toxic waste

Other Nation’s Opposition Resented way world economy left them in poverty—exploited & oppressed Grievances concerning religion & culture – Stay away from Western ideas and ideals U.S. constant intervention in Middle East since 1970s until today

Activity: Tightly Wound