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Economic Globalization 9/23Economic Globalization 9/23

Bell ringer: Analyze image (list 5 things you see). Then, write 3 lines about what you think this map/image is trying to say.

Look at your tags on your clothes and Look at your tags on your clothes and your stuff (shoes, bag, notebook, phone… your stuff (shoes, bag, notebook, phone… everything that has a everything that has a ““made inmade in”” label) label)

Write down in which country your items Write down in which country your items were madewere made

Next to each country, identify which Next to each country, identify which continent it is incontinent it is in Ex. USA, North AmericaEx. USA, North America

Where are your Where are your clothes from?clothes from?

WHAT IS THIS THE SAME? WHAT IS DIFFERENT?

WHAT IS THIS THE SAME?

WHAT IS DIFFERENT?

The development of an The development of an increasingly increasingly integrated integrated global global market economy market economy marked especially by marked especially by free free tradetrade, free flow of , free flow of capitalcapital, , and tapping of cheaper and tapping of cheaper foreign labor markets.foreign labor markets. Globalization of the economy Globalization of the economy has been lead primarily by has been lead primarily by transnational corporations.transnational corporations.

GlobalizationGlobalization

) In your notebooks BOX: ) In your notebooks BOX: integrated, market economy, free integrated, market economy, free trade, capital, foreign labor trade, capital, foreign labor market, transnational corporationmarket, transnational corporation

2)With your partner, use context 2)With your partner, use context clues and identify boxed words clues and identify boxed words (CRS: Meaning of words)- (5 min)(CRS: Meaning of words)- (5 min)

3) Choose two words and explain 3) Choose two words and explain how you figured them outhow you figured them out

4) With your partner, rewrite the 4) With your partner, rewrite the definition using your new wordsdefinition using your new words

Meaning of Words• IntegratedIntegrated – to unite, bring together – to unite, bring together• market economymarket economy – economy based on – economy based on

supply and demand (based on profit)supply and demand (based on profit)• free tradefree trade – trade with no government – trade with no government

regulation/taxation (tariffs) regulation/taxation (tariffs) • CapitalCapital – wealth (money, goods, – wealth (money, goods,

factories)factories)• foreign labor marketsforeign labor markets – workers in – workers in

other countriesother countries• Transnational corporationTransnational corporation – a company – a company

with headquarters, factories and stores with headquarters, factories and stores in many countriesin many countries

Making something Making something worldwide in scopeworldwide in scope

Economy, Economy, technology, culturetechnology, culture

GlobalizationGlobalization

Explain how the pictures and Explain how the pictures and your clothing are examples of your clothing are examples of globalization. Use at least two globalization. Use at least two words from the definition.words from the definition.

integrated, market economy, free integrated, market economy, free trade, capital, foreign labor trade, capital, foreign labor market, transnational corporationmarket, transnational corporation

Exit slip:Exit slip:

Create a T- chart for Positive and Create a T- chart for Positive and Negative impactsNegative impacts

GlobalizationGlobalization 9/249/24Analyze the images below: Analyze the images below: How has globalization How has globalization impacted us in positive and impacted us in positive and negative ways? Create a T- negative ways? Create a T- chart.chart.

Bellringer:Bellringer:

How do you think How do you think globalization impacts your globalization impacts your culture? The food you eat, culture? The food you eat, the sports you play, the the sports you play, the music you listen to, the music you listen to, the clothes you wear?clothes you wear?

Cultural Globalization Cultural Globalization 9/259/25

The spread of an idea The spread of an idea or a thing/item from or a thing/item from one place to anotherone place to another

HearthHearth – the place an – the place an idea or feature idea or feature originatesoriginates

DiffusionDiffusion

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For the following For the following pictures…pictures…

What is the same? What is What is the same? What is different? Where is the different? Where is the hearth of this company? hearth of this company? How have these items How have these items changed based on culture? changed based on culture?

McCurry Pan-India McCurry Pan-India

McShawarma-IsraelMcShawarma-Israel

Mega Teriyaki-JapanMega Teriyaki-Japan

Spam and Eggs-HawaiiSpam and Eggs-Hawaii

McPinto-Costa RicaMcPinto-Costa Rica

McLaks (Salmon)-McLaks (Salmon)-NorwayNorway

McRice Burger-Asia/SE McRice Burger-Asia/SE AsiaAsia

McLobster-Canada/New McLobster-Canada/New EnglandEngland

What about these What about these images? Hearth? images? Hearth? How has it How has it impacted US impacted US culture?culture?

3 things you learned in this 3 things you learned in this videovideo

2 emotions/reactions you had 2 emotions/reactions you had from this videofrom this video

1 question you have about the 1 question you have about the videovideo

The Hidden Faces of The Hidden Faces of GlobalizationGlobalization10 min 10 min http://www.youtube.com/watch?v=8Bhodyt4fmU

{{HOMEWORK:HOMEWORK:

Add 4 things to your T-chart Add 4 things to your T-chart and write 5 open ended and write 5 open ended discussion questions about discussion questions about globalization globalization

M – main idea (thesis and explanation M – main idea (thesis and explanation of globalizationof globalization

E – evidence from the reading/map E – evidence from the reading/map activity/picturesactivity/pictures

L- link back to MIL- link back to MIE- evidence 2E- evidence 2L – linkL – linkE- evidence 3E- evidence 3L – linkL – linkCON – conclusion – wrap up CON – conclusion – wrap up

paragraph and restate your positionparagraph and restate your position

Pick a side: Is Pick a side: Is globalization a good globalization a good thing?thing?