Example: Countries buying and selling is an example of interdependence.
Globalization is the process of changing local or regional events into global ones. It can be described as a process by which the people of the world are unified into a single society and function together. This process is a combination of economic, technological, social, cultural, and political forces. Globalization is often used to refer to economic globalization, which is the joining of national economies into an international economy through HYPERLINK "http://en.wikipedia.org/wiki/Trade" \o "Trade" trade, HYPERLINK "http://en.wikipedia.org/wiki/Foreign_direct_investment" \o "Foreign direct investment" foreign direct investment, HYPERLINK "http://en.wikipedia.org/wiki/Human_migration" \o "Human migration" migration, and the spread of technology.
HYPERLINK "http://en.wikipedia.org/wiki/Un" \o "Un" The United Nations has written that globalization "is a widely-used term that can be defined in a number of different ways. When used in an economic context, it refers to the reduction and removal of barriers between national borders in order to facilitate the flow of goods, capital, services, and labor...although considerable barriers remain to the flow of labor...Globalization is not a new phenomenon. It began in the late nineteenth century, but its spread slowed during the period from the start of the First World War until the third quarter of the twentieth century. This slowdown can be attributed to the inward looking policies pursued by a number of countries in order to protect their respective industries… however, the pace of globalization picked up rapidly during the fourth quarter of the twentieth century..."
HYPERLINK "http://en.wikipedia.org/wiki/Thomas_L._Friedman" \o "Thomas L. Friedman" Thomas L. Friedman has examined the impact of the "flattening" of the world, and argues that HYPERLINK "http://en.wikipedia.org/wiki/Global_trade" \o "Global trade" globalized trade, HYPERLINK "http://en.wikipedia.org/wiki/Outsourcing" \o "Outsourcing" outsourcing, HYPERLINK "http://en.wikipedia.org/wiki/Supply_chain" \o "Supply chain" supply-chaining, and political forces have changed the world permanently, for both better and worse. He also argues that the pace of globalization is quickening and will continue to have a growing impact on business organization and practice.
Global conflicts, such as the HYPERLINK "http://en.wikipedia.org/wiki/9/11_terrorist_attacks" \o "9/11 terrorist attacks" 9/11 terrorist attacks on the United States of America, are interrelated with globalization.
Globalization is largely the result of planning by politicians to breakdown borders that limit trade. This increases prosperity and interdependence thereby decreasing the chance of future war. Since World War II, barriers to international trade have been considerably lowered through international agreements. Promotion of free trade includes:
Elimination of HYPERLINK "http://en.wikipedia.org/wiki/Tariff" \o "Tariff" tariffs; creation of HYPERLINK "http://en.wikipedia.org/wiki/Free_trade_zone" \o "Free trade zone" free trade zones with small or no tariffs.
Reduced transportation costs, especially resulting from development of HYPERLINK "http://en.wikipedia.org/wiki/Containerization" \o "Containerization" containerization for ocean shipping.
Reduction or elimination of HYPERLINK "http://en.wikipedia.org/wiki/Capital_controls" \o "Capital controls" capital controls.
Reduction, elimination, or harmonization of HYPERLINK "http://en.wikipedia.org/wiki/Subsidy" \o "Subsidy" subsidies for local businesses.
Creation of subsidies for global corporations.
Harmonization of HYPERLINK "http://en.wikipedia.org/wiki/Intellectual_property" \o "Intellectual property" intellectual property laws across the majority of states, with more restrictions.
Supranational recognition of intellectual property restrictions (e.g. HYPERLINK "http://en.wikipedia.org/wiki/Patent" \o "Patent" patents granted by China would be recognized in the United States).
World exports rose from 8.5% of HYPERLINK "http://en.wikipedia.org/wiki/Gross_world_product" \o "Gross world product" gross world product in 1970 to 16.1% of gross world product in 2001.
Globalization Persuasive Essay Directions for essay: Define the term ‘Globalization’.
State your case as to whether you will be addressing the advantages or disadvantages of globalization.
Use at least three examples from previous lessons to strengthen your case.
Write a strong concluding paragraph, restating your position.
Complete a rough draft of your paper. Discuss it with your writing partner and make any needed changes.
Complete your paper and read it over in preparation for a final class discussion on globalization.
Seventh Grade Social Studies SS070409
Unit 4: East Asia: People, Places, and Issues Lesson 9
Michigan Citizenship Collaborative Curriculum Page PAGE 1 of NUMPAGES 5
HYPERLINK "http://www.micitizenshipcurriculum.org" www.micitizenshipcurriculum.org October 4, 2009