4th B Globalization

Globalization

4th Grade B

Globalization

What does globalization mean? We always hear this word on TV and read about it in newspapers. It means the world is now a village – the global village. The world has become smaller. Of course, the world did not shrink and it isn’t a village. Because of better transport, the Internet and more trading between countries, it is easier to do business. Japanese car makers have factories in Thailand; American computer companies employ thousands of people in China. That’s globalization. And don’t forget the millions of call centre jobs in India that workers in America and Europe used to do. Globalization also means it is easier to work in another country. Is globalization a good or bad thing? That’s a difficult question to answer.

Reading comprehension

Answer the following questions

Open Ended

What examples can you find of globalization?

Open Ended

What kind of positive effects does it have for you or your community?

Open Ended

What kind of negative effects does it have for you or your community?

Open Ended

How is globalization affecting you or your community?

Vocabulary check

choose the correct alternative

Multiple Choice

What is the correct meaning of Globalization?

• A large company that has operations in more than one country.

• To move products to another country for the purpose of trade or sale.

• The integration of economic, political and cultural systems across the globe.

Multiple Choice

What is the correct meaning of Export?

• A business or factory in which employees work long hours at low wages under poor conditions.

• To move products to another country for the purpose of trade or sale.

• A tax on goods that cross country borders.

Multiple Choice

What is the correct meaning of Pollution?

• A large company that has operations in more than one country.

• A business or factory in which employees work long hours at low wages under poor conditions.

• The presence in or introduction into the environment of a substance which has harmful or poisonous effects.

Multiple Choice

What is the correct meaning of Free trade?

• The flow of goods and services across national borders with little or no government controls or interference.

• A large company that has operations in more than one country.

• The bringing in of goods from one country to be sold in another.

Multiple Choice

What is the correct meaning of Import?

• A business or factory in which employees work long hours at low wages under poor conditions.

• The bringing in of goods from one country to be sold in another.

• A tax on goods that cross country borders.