Chapter 12 Economic Globalization Economic Globalization Expands To

Chapter 12 Economic Globalization

Economic Globalization Expands To what extent have developments since the Second World War influenced the expansion of economic globalization?

Growth of Overall World Trade 1950 -2000 200 $6000 m 150 100 50 $200 m 1950 1960 1970 1980 1990 2000

Do trade agreements benefit all people? A variety of international trade agreements resulted in the expansion of trade. Is that a good thing? Trade is certainly very important. The export of manufactured products provides good jobs and incomes. Closely related to economic growth is trade.

Trade Issues between countries: Subsidies 1. If Canadian farmers were paid to do nothing, who would provide all the food we eat? 2. The article focus’ on subsidies in Canada. How might subsidies affect the markets in less developed countries? (hint: Corn) 3. How do agricultural subsidies affect the lives of farmers in both less developed countries and more developed countries?

Read: The Hidden Costs of Cheap Transportation Check out the quote in the caption of figure 12 -10 on page 207 of your textbook. How does this quote show the link between improvements in transportation technologies and the expansion of economic globalization?

Transnational Corporations Read Voices on page 210: Transnational Corporations and Less Developed Countries 1. What are some of the costs associated with the expansion of economic globalization? According to the second excerpt, what are some benefits? 2. Should TNC’s hold the same standards in less developed countries as when they operate in more developed countries? Why or Why not?

Chapter 13 To what extent does political and economic globalization affect people’s lives?

Trade Liberalization is the term used to describe the process of reducing barriers(import/export costs) to trade. Research the different forms and create a collage image to represent each. Crown Corporations Privatization and Globalization Deregulation

1. 2. 3.

Foreign Investment and Ownership in Canada Control of Canada’s economy From Foreign ownership to Globalization

Knowledge Economy: India 1. After considering the information in this feature, determine whether the knowledge economy is an opportunity or a challenge of globalization? Please explain your answer so I can understand where you are coming from. 2. How many possible jobs in Alberta can be outsourced? Make a list of possible jobs and explain why they could be outsourced in brief sentences.

Outsourcing in the manufacturing industry. Read page 227 - 229

Chapter 14 To what extent does globalization affect the environment?

Resource Development and the Environment Globalization Resource Development Environment

Fill in the blanks (page 236) A person who… Might see a tree as… Works in the logging industry an _______________. Needs to build a new home a source of timber. _____ forest _______ A source of ____ from which new trees will _____. Studies ecology an _______(very important) part of an _________. Has asthma because of poor __________. A natural ____________. Needs _________ A source of _____. Feels a spiritual connection with the _______ An essential part of the whole environment Works to protect animal species An _____________ Is like you

What are some economic effects of oil sands development? How does oil sands development affect workers? Local business? Global investors? Lubicon Cree? Governments? (one sentence on each) What are some environmental effects of the oil sands development on the Land? On water? On the Atmosphere? (2 points each)

Voices page 240 1. How do these perspectives affect decisions made about oil sands development? 2. Should the decision making process address different perspectives? 3. Which perspectives do you think need more attention and why?

Sustainable development of resources Summarize the 3 following points Mackenzie pipeline Diamond mines Forestry

Chapter 15 In a globalizing world, how can we balance sustainability and prosperity?

Sustainability If something is sustainable, it can be carried on indefinitely.

Spirituality and the Environment Ecological Ethics – thinking about the environment from an ecological, rather than human, standpoint. Voices Pg. 253 1. Summarize each speakers thoughts in 3 – 4 sentences. 2. What does the speaker say about the connection between spirituality and the natural environment? Paraphrase.

Fossil Fuels and Sustainability What is David Suzuki’s perspective on sustainability and the fossil fuel industry? Would you rather have sustainability or prosperity? Is it possible to achieve both?

Sustainability and Trade Food For All.