1. Accelerating Global Interaction, Since 1945
Chapter 24 Lecture
A.P. World History
Ways of the World
LAST LECTURE FROM THIS BOOK!

2. Modern Globalization:
Throughout the 20th Century, many countries were intertwined due to political relationships, economic transactions, and cultural influences which resulted in a more connected world.

3. International Economic Transactions
The capitalist winners of WWII were determined not to repeat the Great Depression
established the World Bank and the International Monetary Fund and laid foundation for postwar globalization
Technology also helped accelerate economic globalization

4. Post WWII “Reglobalization”
Transnational Corporations (TNCs) emerge
Modern examples: Nike, McDonald’s, Apple…American companies that have multinational locations
Many workers, both laborers and professionals, have moved all over the world from poor countries to richer ones looking for new opportunities

5. Growth, Instability, and Inequality
Growth: higher life expectancy, a rise in literacy rates, decline in poverty in industrialized countries
Instability: Drastic difference between the rich industrialized countries and those who were not
Inequality: the U.S. lost millions of manufacturing jobs, forcing factory workers into lower-paying jobs, while others prospered in high-tech industries (think Silicon Valley)

6. “The American Empire”
With the fall of the Soviet Union, the U.S. stood alone as a world super power
Terrorism becomes the new national threat
Slowly, since 1945, the U.S. began exporting less and importing more…what issues can this cause?
The Cold War produced a negative world view of the United States…
Cultural imperialisms
Some Americans become critical of this as well.

7. The Globalization of Liberation
Feminism was on the rise in the West
Reproductive rights
Educational and employment rights
Feminists in other parts of the world felt that the western movements were too focused on sex and reproduction
Women became political activists
Ex: South Korea

8. The Rise of Fundamentalism
With so many changes, there are those who fight to remain traditional and unaltered
The rise of liberalism is seen by many as a direct threat to religion
Fundamentalism rises globally!
The U.S. has Christian fundamentalists
Muslim fundamentalists in the Middle East (Iran)
The War on Terror…