Review The Old Imagery: A Shift from Melting Pot to Mosaic The Old Imagery: A Shift from Melting Pot to Mosaic Melting Pot: Lose heritage to become American Melting Pot: Lose heritage to become American Mosaic: Retain heritage and become American Mosaic: Retain heritage and become American

Review Our Imagery: Rise of Melting Pot AND Mosaic Our Imagery: Rise of Melting Pot AND Mosaic New Melting Pot: Strengthened sense of common “humanity” (Homo sapiens, human rights, planet Earth, etc.) New Melting Pot: Strengthened sense of common “humanity” (Homo sapiens, human rights, planet Earth, etc.) New Mosaic: Strengthened base for all sorts of specialized identities, including ethnic heritage New Mosaic: Strengthened base for all sorts of specialized identities, including ethnic heritage

Review Rise of “humanity” facilitates tourism Rise of “humanity” facilitates tourism –Connects rich with rich rather than rich with poor –Like immigration, human tissue of globalization

Introduction to the Global Economy -- Food

Introduction to the Global Economy -- Drink

Introduction to the Global Economy -- Clothing

Global Economy – Three Elements (1) Global system of production (1) Global system of production (2) Global system of consumption (2) Global system of consumption (3) Global system of trade (global market) (3) Global system of trade (global market)

(1) Global Production Involves global standardization (e.g., International Organization for Standardization) Involves global standardization (e.g., International Organization for Standardization) Involves global differentiation Involves global differentiation

ISO “How International Standards Benefit Society” For businesses…accepted specifications for products and services, enabling free competition worldwide. For businesses…accepted specifications for products and services, enabling free competition worldwide. For customers…more choices, higher quality, better prices. For customers…more choices, higher quality, better prices. For governments…technological and scientific bases underpinning health, safety, and environmental legislation. For governments…technological and scientific bases underpinning health, safety, and environmental legislation. For trade officials…a level playing field for all competitors. For trade officials…a level playing field for all competitors. For developing countries…state-of-the-art technological know-how and a basis for wise investment decisions. For developing countries…state-of-the-art technological know-how and a basis for wise investment decisions. For consumers…assurance about quality, safety, and reliability. For consumers…assurance about quality, safety, and reliability. For everyone…higher quality of life by ensuring safety. For everyone…higher quality of life by ensuring safety. For the planet…environmental preservation. For the planet…environmental preservation.

(2) Global Consumption

(3) Global Trade source: New York Times 2006