1. FOCUS: GLOBALIZATION

2.  Laura Ewing/President and CEO  1801 Allen Parkway  Houston, TX 77019  713.655.1650  www.economicstexas.org

3. www.economicstexas.org

4.  Carol Trout, Chair  Joe Adams (Union Pacific Railroad)  John Anderson (Anderson Foundation)  James Cooper (Cooper, Inc)  Laura Jaramillo (Wells Fargo)  Sherry Kiser (Federal Reserve Bank of Dallas)  RADM Robert Smith III, (TX A & M, Galveston)

5.  Partial support for this program was also provided to TCEE by the Council for Economic Education as part of the Cooperative Education Exchange Program (CEEP). The CEEP is funded by the United States Department of Education and carried out in coordination with the United States Department of State. Thanks to CEE

7. How did geography, history, government, economics and history impact the thinking and actions of humans? The session will provide teachers with economic based lessons on how natural resources, politics, and historical events impacted decision making.

8. Geography Standard of Living Interaction with the physical environment Economics Technological change Productivity Capital goods Human Capital Standard of living

9. What was The Little Red Hen story about? If it took 8 hours to bake 8 bread loaves, how many can she bake in 1 hour? 8X = 8 X = 1 loaf of bread Productivity = the amount of good or service a worker can produce in a period of time.

10. If the number of workers remains the same, what is needed to increase productivity? Technology and capital goods What are the factors of production? Land or natural resources Labor Capital Entrepreneurship

11. What happened to the productivity of these products and why? As production increases, what happens to prices? What is the impact on standard of living?

12. 1.What problem needed to be solved? 2.Who came up with a solution? 3.What was the solution? 4.How did this solution affect productivity? 1.Change in technology? 2.New capital good? 3.Improve people’s education or health? 5.How did the solution allow people to overcome challenges presented by the physical environment? 6.How did this solution affect people’s stand of living? 7.How did this solution affect people’s quality of life?

13. …”Promote people’s quality of life, are based on human values and encourage sustainable economic development” Who would you nominate based on 8.3 criteria? Why? Make a poster to present their candidate Judge each other’s nominations with sticky notes

14. Double Bubbler Barbed Wire Penicillin Telephone Self-Polishing Steel Plow Dynamite

15. Brainstorm a list of new inventions Choose one and write a newspaper story and headline about it Paragraph 1 Who developed the invention? What does it do or how is it used? When was it developed? Where was it developed? Why was it developed? Paragraph 2 How does the invention increase productivity? How does it change the environment or allow people to overcome challenges in the environment? How does it affect the people’s standard of living? How does it improve the quality of life?

16. Geography Concepts Migration Immigrants Pull Factors Push Factors Economics Costs Benefits Decision Making

17. 1.Have you ever moved? 2.What was (were) the distance(s) of your move(s)?

18. What is significant about each figure and why do you think these changes happened? Figure 1? Figure 2? Figure 3?

19. Migration Immigrants Emigrants Benefits Costs Push and Pull

20. CostsBenefits

21. PUSHPULL Costs of present location that drive people away Benefits of new location because it has advantages “In 2002 the United Nations estimated that around 175 million people, or about 3 % of the world’s population, resided in a country different from their country of birth.”

22. 1.You will be assigned one card from Activity 4.1. 2.You will answer questions on Activity 4.2. 3. Complete the chart based on reading. Push Factors for MigrationPull Factors for Migration