1. EQ1: How is the world interconnected today?
Key Terms: United Nations, OPEC, GATT, Green Revolution, Kyoto Protocol, Globalization, Technology

2. United Nations
1945, International Org: deals with economic & social development, human rights, humanitarian aid, & international law.

3. OPEC Org. of Petroleum Exporting Countries
1960 est. between Saudi Arabia, Iran, Iraq, Kuwait, Venezuela & several small states along Persian Gulf
End power of Western Oil companies, & determine production quotas & prices
1973: Oil was used as a weapon during Yom Kippur War, caused a world wide recession

4. World Trade Org GATT: General Agreement on Tariffs & Trade
Goal: to set global rules to ensure that trade flows as smoothly & as freely as possible
Oppose: protectionism – use tariffs & other restrictions that protect a country’s home industries against international competition

5. Environment
Pollution threatens the environment, oil spills, acid rain, deforestation, global warming, erosion
1960s Green Revolution
Helped to avert famine & increase crop yields in many parts of the world
Fertilizers & pesticides contain dangerous chemical that may cause cancer & pollute

6. Kyoto Protocol Treaty signed in 2005, by 140 countries
Purpose to lower emissions of carbon dioxide & other “green house” gases that contribute to global warming

7. Globalization
National economies, politics, cultures, societies, technology, & education become integrated
Multinational Corp.- assets in many countries & sell their goods & services world wide
Invested in developing world.