1. March 25 – Comp Gov Agenda: Country Briefs – China
Quick-Write: The Maersk Triple-E
Notes: Globalization
Take out:
Notebook
Country Brief
Pen/Pencil
Homework:
Download/Print and take notes on the “Globalization Briefing” from my website
You will NEED a copy of this in school tomorrow – make sure to bring it!

2. The Maersk Triple-E Watch the video of the Maersk Triple-E
After watching, consider the following:
Why is this ship necessary?
How does this relate to the idea of global connectivity?

3. What is Globalization?

4. What is Globalization? It is NOT: It IS: A formal structure
A meaningless buzzword
A good or a bad thing
An imposed ideal
It IS:
A process that results in the growing interconnectedness of the world

5. Globalization Is…
The increasing interdependence of economies, political systems, and societies on a global scale.
Process is driven by technological innovation that allow for interconnectedness between people, groups, organizations, countries, etc.
“Globalization is the integration of capital, technology, and information across national borders, in a way that is creating a single global market, and to some degree, a global village.” Thomas Friedman

6. A (Very) Brief History Globalization has deep roots: The Silk Road
Seaborne trade
Voyages of discovery
For our purposes, there are two major phases:
– Industrialization, Imperialism and Capitalism
1945 – Present – Worldwide Trade Liberalized

7. Marx and Engels, The Communist Manifesto (1848)
“The bourgeoisie has through its exploitation of the world market given a cosmopolitan character to production and consumption in every country. All old established national industries have been destroyed or are daily being destroyed. They are dislodged by new industries, whose introduction becomes a life and death question for all civilised nations. In place of the old local and national seclusion and self-sufficiency, we have intercourse in every direction, universal inter-dependence of nations.”
The introduction of capitalism, combined with industrialization and development of technology spurred globalization in the late 1800’s.

8. History – Phase 1 By 1850, the world was relatively easy to navigate
Ships, railroads, telegraph, etc.
Made the exploitation of resources and labor in colonies easy and cheap
Industrialization increased demand for cheap labor and foreign materials
Steel, rubber, petroleum product
Colonies, countries and peoples became intrinsically linked to other global powers
Economics, politics, power, etc.

9. History – Slow Down
The Great Depression slowed the rate of Globalization

10. WWII Brings it Back!
As the saying goes, “to the victor goes the spoils”
As the capitalist economies emerged from WWII victorious and – more importantly – rich, global trade was revitalized
Interest in foreign good and international travel increased
Technology continued to advance
Shipping and air travel got cheaper
The rise of trade organizations/agreements
Provide incentives/protections
NAFTA, NATO, APEC, ASEAN, EU, OPEC, etc. etc.
Worldwide trade becomes widely encouraged, especially after the fall of communism

11. What is Globalization? Globalization Explained - Video
Crash Course - Globalization