Globalization.

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Presentation transcript:

Globalization

“It has been said that arguing against globalization is like arguing against the laws of gravity.” - Kofi Annan

Definition The process of the world becoming more interconnected through increased interaction and communication It can take place through Trade Technology Politics Culture Religion Etc…the list is endless

For decades the American economy was… DOMINANT!

We’ll fix that tomorrow mentality America was ahead of the world in so many areas, Technology Cars Manufacturing Innovation America was competing against…

What events started the globalization trend of the past 30 years? Political and Technological Events Paved the Way

The Berlin Wall came down: Nov. 9th, 1989 Broke down political/cultural/economic barriers

Microsoft Windows 3.0 launched six months later

Then came Netscape in 1995

The late 1990s Dotcom Bubble Grew

And Burst… But its impact remained as American companies had invested billions in technology infrastructure

The Results Greater political openness and universal operating systems for computers helped facilitate communication and trade

Suddenly, the playing field

Emerging Markets: China, India and Russia Eastern Europe, Central Asia, and Latin America Have all challenged America’s economic position

Three Gaps are “plaguing” America

The Numbers Gap America does not produce as many engineers and scientists as it should/needs

America’s Educational Position in the world has Declined The Education Gap America’s Educational Position in the world has Declined

Americans have become complacent and have lost their competitive edge The Ambition Gap Americans have become complacent and have lost their competitive edge

Globalization: Got it yet? Globalization Video

Economic Political Cultural Positive Opportunities Presented by Globalization Negative Challenges Created by Globalization

Renaissance, Reformation, Scientific Revolution: Challenged the Status Quo/Authority of the Church

Technology Paved the Way

Then and Now: Winners and Losers Europe Benefited at the Expense of the Native Populations of Africa and the Americas