Globalization

A business with facilities in more than one country

• IMF

• World bank

• multinational corporation

• international corporation

Increasing interdependence of nations and peoples across the globe.

• Infrastructure

• Globalization

• Interdependence

• Specialization

Sending goods to another country to sell.

• import

• export

A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on imports) or subsidies (taxes on exports).

• Free Trade

• Trade

• Goods

• Supply and Demand

What are some negatives of globalization?

• Workers are exploited in sweatshops

• Pollution and deforestation

• Low wages for factory workers in Asia and Africa

• All of the answers are correct

What are some positives of globalization?

• Cheap sneakers and clothes

• Cheap electronics

• Information is easy to access and it travels quickly (internet and social media)

• All of the answers are correct

Which of the following is NOT a negative effect of globalization

• terrorism
• loss of culture
• illegal drug trafficking
• cheap food

an advantage

• benefit

• cost

• terrorism

• climate change

a disadvantage

• benefit

• cost

• outweigh

• climate change

exchange and spread of culture (one's language, ideas, technology, art, and traditions between different groups of people

• consumption

• interconnectedness

• cultural diffusion

• population growth