Mateo -Social Studies

are goods that are

brought in from another country to be sold

• Imports

• Exports

are goods that are shipped to

another country to be sold there. For example,

bananas and figs might be imported into the

United States,

• Imports

• Exports

1. How were many goods transported in the past? ​

• Goods were transported On barges pulled by mules ​

• Goods were transported exclusively by trucks and cars.
• Goods were transported using airplanes and drones.
• Goods were transported by bicycles and scooters.

1. What has allowed the world to be more connected today? ​

• Innovations in transportation and communication

• Television and radio advancements
• More printed newspapers
• Increased travel options

What is globalization?

• • The process through which goods and ideas spread between different countries.

• Globalization is the process of cultural homogenization without any exchange.
• Globalization refers to the decline of international trade.
• Globalization is the isolation of countries from each other.

1. What is economic interdependence? ​

• Economic interdependence means that countries do not trade with each other.
• Economic interdependence is the isolation of economies from one another.
• Economic interdependence is when a country relies on the economies of other countries to succeed

• Economic interdependence refers to a country's self-sufficiency in resources.

What is specialization?

• Specialization refers to the general practice of learning various tasks.
• Specialization is the act of diversifying skills across multiple fields.
• Specialization is the process of avoiding focus on any particular area.
• Specialization is the

  ability of a company, group, or person to focus

  on a single task.

What is outsourcing?

• Outsourcing is the process of hiring full-time employees.
• Outsourcing refers to the practice of keeping all tasks in-house.
• Outsourcing is when a company increases its workforce internally.
• The process of hiring people to

  work outside of a company.