Globalization

How does the U.S. define poverty?

• If someone is making $50,000/ year

• If someone is making less than $11,777/ year

According to the United Nations, a person who makes _____ a day lives in extreme poverty.

• $5

• $10

• $1.25

According to the video by 2030, the United Nations predicts less than 4 million people will be living in extreme poverty but the biggest threat to our goal is _____ ______.

• Climate Change

• Lack of education

• Life Expectancy

What IS the BIGGEST FACTOR in the reduction of people living in extreme poverty?

• Humanitarian aid

• Globalization and trade

• More access to education

According to the video, why are mobile phones awesome, economically speaking?

• They allow countries to leapfrog and move quickly to the most efficient technology and provide access to education and information.

• They allow you to snapchat with your best friend who is on vacation.

• They create jobs. 

• There is a big demand for them.

For the most part, these jobs are desirable to people in developing countries.

• True

• False

What do critics of globalization believe that is happening to those in less developed areas?

• They are living the best life because of globalization 

• They are being exploited and oppressed

What IS NOT a disadvantage to globalization?

• Companies that relocate to poor (developing) countries don't follow the same regulations that they would in developed countries, which could hurt the environment.

• When companies relocate, they create new jobs for other people.

• People being used for cheap labor tend to be in hazardous work environments.

What's an effective way to combat the negative effects of globalization?

• Buy more products made in sweat shops

• Give money to a child laborer

• Raise awareness about companies that use child labor or exploit their workers

What is NOT TRUE about microcredit?

• Microcredit gives money to poor people without expectations

• With microcredit, individuals give small loans to poor people to help them start their own businesses. 

• Mohammad Yunis created microcredit and won a Nobel Prize for giving loans to poor Bangledeshi women