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Globalization

Former national economies become one global economy as barriers to trade are slowly eliminated. This includes the North American Free Trade Agreement (NAFTA) signed into law by President Clinton in 1993, which aimed to increase trade between the US, Mexico, and Canada by eliminating tariffs and quotas. Globalization has been a controversial topic with various opinions on its impact, including its effects on jobs, innovation, and multinational corporations. This article examines the benefits and costs of globalization and how it affects people differently.

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Globalization

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  1. Globalization The World adjusts to a new economic order

  2. What is Globalization? Former national economies become one global economy as barriers to trade are slowly eliminated. Quotas, Tariffs, etc…

  3. NAFTA • North American Free Trade Agreement • 1993U.S. , Mexico & Canada trade agreement • Eliminated tariffs & quotas between countries • Goal:to increase trade between countries • Signed into law by President Clinton NAFTA was very Controversial

  4. Reading #1What is Globalization?

  5. Books on Globalization

  6. Globalization: why now? • Fall of Soviet Union • World embraces free market economic system 2) Rise of Technology • Allows jobs to be easily moved around the world

  7. Globalization & Your Future? Impact on You?

  8. Commanding Heights Video • http://www.pbs.org/wgbh/commandingheights/lo/index.html

  9. NAFTA Impact End Result Bill Clinton George Bush Ross Perot

  10. Globalization & Outsourcing

  11. USA & Globalization How does the USA create Jobs with Globalization? Trade Increases sales for U.S. Corporations Innovation

  12. Globalization Video https://www.youtube.com/watch?v=5SnR-e0S6Ic

  13. Critics of Globalization Multinational Corporations

  14. Critics of Globalization

  15. How Globalization affects people differently Vicky Al Judy Education Job

  16. Globalization BENEFITSCOSTS

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