1. Globalization

2. “It has been said that arguing against globalization is like arguing against the laws of gravity.” Kofi Annan

3. Definition
The process of the world becoming more interconnected through increased interaction and communication
It can take place through
Trade
Technology
Politics
Culture
Religion
Etc…the list is endless

4. For decades the American economy was…
DOMINANT!

5. We’ll fix that tomorrow mentality
America was ahead of the world in so many areas,
Technology
Cars
Manufacturing
Innovation
America was competing against…

6. What events started the globalization trend of the past 30 years?
Political and Technological Events Paved the Way

7. The Berlin Wall came down: Nov. 9th, 1989
Broke down political/cultural/economic barriers

8. Microsoft Windows 3.0 launched six months later

9. Then came Netscape in 1995

10. The late 1990s Dotcom Bubble Grew

11. And Burst…
But its impact remained as American companies had invested billions in technology infrastructure

12. The Results
Greater political openness and universal operating systems for computers helped facilitate communication and trade

13. Suddenly, the playing field

14. Emerging Markets: China, India and Russia
Eastern Europe, Central Asia, and Latin America
Have all challenged America’s economic position

16. Three Gaps are “plaguing” America

17. The Numbers Gap
America does not produce as many engineers and scientists as it should/needs

18. America’s Educational Position in the world has Declined
The Education Gap
America’s Educational Position in the world has Declined

19. Americans have become complacent and have lost their competitive edge
The Ambition Gap
Americans have become complacent and have lost their competitive edge

20. Globalization: Got it yet?
Globalization Video

21. Economic
Political
Cultural
Positive Opportunities Presented by Globalization
Negative Challenges Created by Globalization

22. Renaissance, Reformation, Scientific Revolution: Challenged the Status Quo/Authority of the Church

23. Technology Paved the Way

24. Then and Now: Winners and Losers Europe Benefited at the Expense of the Native Populations of Africa and the Americas