Globalization

Increasing interdependence of nations and peoples across the globe.

• Infrastructure

• Globalization

• Interdependence

• Specialization

Sending goods to another country to sell.

• import

• export

Bringing goods in from 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

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

• Domestic Corporation
• Multinational Corporation
• Foreign Corporation
• State Corporation

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

How does it bring our world together?  Through.... 

• communication
• technology
• products & services
• all of these

#1 - Environmental concerns have led to a greater awareness of how human activity poses a danger to our world's resources and ecological health. If global warming causes a rise in ocean levels and coastal areas flood, what will be the likely result?

• Fish populations will decrease
• Wild animals will multiply to quickly because of the rise in water
• People in coastal areas will have to migrate

#13 Which of the following has helped create a global economy in the present day?

• The use of high taxes for imports and exports
• Improvements in technology have made trade easier
• The creation of one form of currency (money) used to trade
• The success of the Communist governments in guiding trade