Canada and Globalization

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Presentation transcript:

Canada and Globalization CGC 1D1 Lester B. Pearson High School

Globalization • “process whereby the world’s people are becoming increasingly interconnected in all facets of their lives—cultural, economic, political, technological, and environmental”

Video: Globalization: What does it really mean?

Is Globalization a new phenomena? For centuries there has always been interest in the trade and sharing of goods (ex. spices) and ideas (ex. spread of religion). Spice trade

There is debate whether globalization is good or bad

Video: No Logo: Brands, Globalization & Resistance

How globalization has increased over the last few decades? 1.Faster technological changes - ex. information technology (speed and cost)

Cost of a 3-Minute Telephone Call, New York to London (Constant 1990, U.S. $) $0.30

Reduction of Communication Distance Ex. Call Centers in India Greater access to information Ex. World Wide Web

How globalization has increased over the last few decades? 1.Faster technological changes - ex. information technology (speed and cost) 2. Improvements in Transportation (speed & cost) ex. Containerized Shipping

Change of World Wide Shipping Past: Long shore men Longer to load ship/ trains / trucks Able to carry lots of goods Lots of people load goods Present Day : Containers Fast to load ship/ trains / trucks Able to carry lots of goods Cranes do most of the work

Decrease in Cost for Air Transportation per Passengers Mile (in 1990 US dollars)

How globalization has increased over the last few decades? 1.Faster technological changes - ex. information technology (speed and cost) 2. Improvements in Transportation (speed & cost) ex. Containerized Shipping 3. Globalized Companies big international corporations around the world (ex. Pepsi)

Big International Companies Who are the top 4 biggest global companies in 2012? 1. Exxon Mobil 2. JPMorgan Chase 3. General Electric 4. Royal Dutch Shell http://www.forbes.com/global2000/#p_17_s_a2_All%20industries_All%20countries_All%20states_

Big International Companies Is it new? Who started it? The Dutch East India Company (1602-1798) is know to be the world’s first multinational company and the first to issue stock. They bought spices in South-East Asia and sold them in Europe.

How globalization has increased over the last few decades? 1.Faster technological changes - ex. information technology (speed and cost) 2. Improvements in Transportation (speed & cost) ex. Containerized Shipping 3. Globalized Companies -big international corporations around the world (ex. Pepsi) 4. Internationalization of economic activity - increased global trade, stock markets & investments

Advantages of globalization Easier to communicate with people around the world Easier to travel Cultural interchange International trade Better and cheaper products Improvement of new technologies The transport of the products is easier and faster Globalization creates a political and an economical connections, which helps countries to get along with each other more

Disadvantages of globalization Companies move jobs overseas, creating unemployment in countries where the jobs originated The businessmen and the big companies are the only winners in globalization Exploitation of the workers in the developing countries – incl. children Sweatshops

Disadvantages of globalization Money problems can easily be spread (ex. US recession, Greece) The mix of cultures can lead loss of national identity Small companies have to go out of business because they cant compete with the big international companies Gap between the poor and the rich people increases

Globalization Activity You will be organizing yourselves into teams of 4 people, given 1 large sheet of paper and markers. You and your group members will be asked to answer one of the following five questions on the large sheet. This will then be presented in front of the class. How has globalization affected your life? Is globalization good for the world? What will globalization look like fifty years from now? Do you think globalization will make us all the same in the future? Which countries do you think like or hate globalization most?