Chapter 12Economic Globalization

To what extent have developments since the

Second World War influenced the expansion

of economic globalization?

Economic Globalization Expands

200

150

100

50

1950 1960 1970 1980 1990 2000

Growth of Overall World Trade 1950-2000

$200 m

$6000 m

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.

Do trade agreements benefit all people?

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?

Trade Issues between countries:

Subsidies

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?

Read: The Hidden Costs of Cheap Transportation

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?

Transnational Corporations

To what extent does political and economic

globalization affect people’s lives?

Chapter 13

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

Trade Liberalization

1. 2. 3.

Control of Canada’s economy

From Foreign ownership to Globalization

Foreign Investment and Ownership in Canada

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.

Knowledge Economy: India

Outsourcing in the manufacturing industry. Read page 227 - 229

Outsourcing

To what extent does

globalization affect the

environment?

Chapter 14

Globalization

Resource Development

Environment

Resource Development and the Environment

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

Fill in the blanks (page 236)

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)

What are some economic effects of oil sands development?

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?

Voices page 240

Summarize the 3 following points Mackenzie pipeline Diamond mines Forestry

Sustainable development of resources

In a globalizing world, how can we balance

sustainability and prosperity?

Chapter 15

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

Sustainability

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.

Spirituality and the Environment

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?

Fossil Fuels and Sustainability

Food For All.

Sustainability and Trade