1. The World adjusts to a new economic order
Globalization
The World adjusts to a new economic order

2. What is Globalization?
Former national economies become one global economy as
barriers to trade are slowly eliminated.
Quotas, Tariffs, etc…

3. NAFTA North American Free Trade Agreement
1993 U.S. , Mexico & Canada trade agreement
Eliminated tariffs & quotas between countries
Goal: to increase trade between countries
Signed into law by President Clinton
NAFTA
was very
Controversial

4. Reading #1 What is Globalization?

5. Books on Globalization

6. Globalization: why now?
Fall of Soviet Union
World embraces free market economic system
2) Rise of Technology
Allows jobs to be easily moved around the world

7. Globalization & Your Future?
Impact on You?

8. Commanding Heights Video

9. NAFTA Impact
End Result
Bill Clinton George Bush Ross Perot

11. Globalization & Outsourcing

12. How does the USA create Jobs with Globalization?
USA & Globalization
How does the USA create Jobs with Globalization?
Trade Increases
sales for
U.S. Corporations
Innovation

13. Globalization Video

14. Critics of Globalization
Multinational
Corporations

15. Critics of Globalization

16. How Globalization affects people differently
Vicky Al
Judy
Education
Job

19. Globalization
BENEFITS COSTS