A GLOBALIZED WORLD

Friendly Reminders

1. Last Saturday Review Class 9-12 in Library

2. Take Practice Exam Part I Essay Writing Part II

3. Today, Friday Review Class 2:25-3:25

INTERDEPENDENT GLOBAL ECONOMY

Developed: Developing:

Interdependent: what happens in one part of the world has an effect on other areas •Countries work together for the benefit of all •Dependence on

agricultural production •Low standard of living •Lack of technology

•Modern agriculture and industry•Advanced Technology•Strong educational system

ECONOMIC ORGANIZATIONS

European Union (EU) North Atlantic Free Trade Agreement (NAFTA)

Organization of American States (OAS)

Association of Southeast Asian Nations (ASEAN)

Expanded free trade by ending tariffs

25 member states

Euro is common currency

Free trade between Canada, U.S. and Mexico (1990)

Lower trade barriers

Encourage foreign investment

Formed to strengthen democracy, promote human rights & confront problems (poverty, terrorism, illegal

drugs, corruption)

Western Hemisphere (U.S., Canada)

Formed in 1967

Coordinates policies among member nations (trade &

agriculture)

Example of regional cooperation

GLOBAL PROBLEMS: ENVIRONMENTAL ISSUES

Pollution: contamination of the environment, including

air, water, and soil Acid Rain:

rains falls through air that is contaminated by pollution

Global Warming: gradual rise in the temperature of the earth

(Greenhouse Effect) Deforestation:

destruction of forests Desertification:

change of arable (useable) land into desert land (example: Sahara Desert in Africa)

Nuclear proliferation: spread of nuclear energy/weapons

(example: Chernobyl, India & Pakistan, North Korea, Iran)

GLOBAL PROBLEMS: TERRORISM

The deliberate use of unpredictable violence, especially against civilians, to gain revenge or achieve political goals.

Usually used by groups that do not have military power

Recent Examples: 9/11 attacks (conflict between

extreme traditionalists and western societies)

disputes between nationalist groups over homeland (Palestine & Israel)

domestic conflict

GLOBAL PROBLEMS: POVERTY

Result of urbanization and overpopulation (lack of food and resources)

Shantytowns: areas of makeshift shacks that lack sewer systems, electricity, and other basic services

GLOBAL PROBLEMS: HEALTH/MEDICINE

People living longer: infant mortality rates , quality of life Antibiotics Vaccines Transplants Laser surgery

Challenges: Genetic Engineering New Epidemics: AIDS, SARS Rich countries have medical supplies, poor countries

do not

MODERN GLOBAL REVOLUTIONS

Green Revolution**INCREASING THE FOOD

SUPPLY**IrrigationMachinery

Fertilizer & PesticidesNew foods

Positive: food production; develops new food

productsNegative: depends on rainfall; costly chemicals; small farmers lose job

Computer Revolution(Information revolution) **GREAT INCREASE IN THE

USE OF COMPUTERS**Internet; Social Media

Literacy Positive: creates new jobs;

links people, businesses, nations; makes more information available

Negative: expensive (only some people can afford it); widens gap between global

North and South

AFRICA TODAY African countries gained independence after WWII Dependent on Europe for imports/manufactured

goods Obstacles to progress:

Population and poverty Political problems Economic dependence (on West) Land and climate Economic policies

Ethnic tension & Nationalism Rwandan genocide, Darfur

LATIN AMERICA TODAY Cash-crop economies unstable;

dependent on WestArgentina – democracyNicaragua – Sandinistas & Contras Mexico – gap between rich & poor,

social classes, population and poverty, urban growth

OAS (Organization of American States)NAFTA (North American Free Trade

Agreement)