globalization · 2020-05-02 · globalization . rundo 3 reasons why international trade has...

Globalization

RUNDO 3

Reasons why international trade has increased dramatically:

1. Multinational corporations have increasing power. 2. Travel + shipping are cheap and safe. 3. Governments have decreased tariffs + regulations on

international trade.

RUNDO

(n) international trade left to its natural course without tariffs, quotas, or other restrictions

4

free trade

RUNDO

(n) Finances given to companies or groups from the government in order to stimulate economic activity or promote activities that are in the public good

6

government subsidies

RUNDO

Industrial Revolution: • Industrialized Western powers produced most

manufactured goods and sold them internationally

• But most of them were sold domestically (in their own country)

10

Global Trade of the past

RUNDO

Since 1960s: • Other countries are making manufactured

goods • Some for their own country • But most internationally

Example: Device you are on now was probably manufactured in China with parts manufactured all of the world

11

Global Trade of the present

RUNDO

(n) movement of people from one place to another with the intentions of settling, permanently or temporarily (We are obviously talking about human migration.)

12

migration

RUNDO 27

Population growth over time

RUNDO 29

Think of how far we’ve come…

RUNDO 30

Job Changes

RUNDO 31

Negative Environmental Effects

RUNDO 32

Health

RUNDO 33

Economically dependent world less likely to go to war?

RUNDO 34

Spread of Democracy

RUNDO 35

Polarization of wealth

RUNDO 36

Is globalization a net positive or negative?