10.9b Globalization is contentious, supported by some and criticized by others.
Students will compare and contrast arguments supporting and criticizing globalization by examining concerns including:
• free market, export-oriented economies vs. localized, sustainable activities
• development of a mixed economy in China and China’s role in the global economy
• multinational corporations and cartels (e.g., Organization of Petroleum Exporting Countries)
• roles of the World Trade Organization, the World Bank, the International Monetary Fund, and micro-finance institutions • economic growth and economic downturns (e.g., recession, depression) on a national and a global scale
• economic development and inequality (e.g., access to water, food, education, health care, energy)
• migration and labor
• ethnic diversity vs. homogenization (e.g., shopping malls, fast food franchises, language, popular culture)
Economic Issues and Trends Notes
Introduction to World Economic Issues Answers
Students will compare and contrast arguments supporting and criticizing globalization by examining concerns including:
• free market, export-oriented economies vs. localized, sustainable activities
• development of a mixed economy in China and China’s role in the global economy
• multinational corporations and cartels (e.g., Organization of Petroleum Exporting Countries)
• roles of the World Trade Organization, the World Bank, the International Monetary Fund, and micro-finance institutions • economic growth and economic downturns (e.g., recession, depression) on a national and a global scale
• economic development and inequality (e.g., access to water, food, education, health care, energy)
• migration and labor
• ethnic diversity vs. homogenization (e.g., shopping malls, fast food franchises, language, popular culture)
Economic Issues and Trends Notes
Introduction to World Economic Issues Answers
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