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Understanding Globalization and Technological Advancements in Modern Economy

This comprehensive overview covers key definitions and concepts related to globalization, the global economy, free trade, and the impact of technological advancements. Learn how globalization connects the world, the significance of open trade, and how various technologies such as television, personal computers, and smartphones have transformed life in America. Additionally, explore the rise of the digital age, the internet, e-commerce, and social media, understanding their roles in shaping contemporary society and economics.

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Understanding Globalization and Technological Advancements in Modern Economy

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  1. GLOBALIZATION LEARNING TARGET #4

  2. DEFINITIONS: GLOBALIZATION • Globalization- is the extending to all parts of the world; connectedness across the globe.

  3. DEFINE: GLOBAL ECONOMY • Global Economy- is when the economies of the world exchange goods and services

  4. DEFINE: FREE TRADE • Free Trade- is open trade without tariffs (taxes) and quotas (limits).

  5. GLOBALIZATION VIDEO

  6. POSITIVES AND NEGATIVES OF GLOBALIZATION

  7. RELECTION: Click on the link below to go to a Google form and reflect on Globalization and its impact.

  8. ADVANCES IN TECHNOLOGY LEARNING TARGET #5

  9. I-JOURNAL ACTIVITY—PAGE 20 • You will need to use the links that follow and the video clips to help you complete pages 20-21 in your I-Journal. This is an inquiry activity—the answers are not going to pop out at you. You will need gather and dig to find your answers.

  10. TELEVISION • The link below will help you find out—the year it was introduced, what it does and how it changed life in America. Record the information in your I-Journal. http://www.toptenreviews.com/electronics/articles/television-through-the-decades-and-the-ways-it-changed-our-world/

  11. VIDEO CLIP—EVOLUTION OF TV

  12. PERSONAL COMPUTER • The link below will help you find out—the year it was introduced, what it does and how it changed life in America. Record the information in your I-Journal. http://www.pcworld.com/article/165612/evolution_of_the_pc.html#slide1

  13. VIDEO CLIP—EVOLUTION OF THE PC

  14. CELL PHONE • The link below will help you find out—the year it was introduced, what it does and how it changed life in America. Record the information in your I-Journal. http://readwrite.com/2014/07/04/cell-phone-evolution-popsugar/

  15. VIDEO CLIP—CELL PHONE

  16. DEFINE—DIGITAL AGE • Digital Age—the label for our lifestyle today; it started in the 1970s with the transfer of information more freely and quickly.

  17. DEFINE--INTERNET • Internet—a network that connects computers allowing instant communication.

  18. DEFINE—E-COMMERCE • E-Commerce—the digital age has brought about this business model, buying goods online.

  19. DEFINE—SOCIAL MEDIA • Social Media—the newest, quickest way to get information. Examples: Twitter, Facebook, You Tube, Pinterest.

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