Warm-Up  Take out all Micro-Enterprise Materials  WAIT FOR FURTHER DIRECTIONS  Announcements: Tomorrow I will have a sub.

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Presentation transcript:

Warm-Up  Take out all Micro-Enterprise Materials  WAIT FOR FURTHER DIRECTIONS  Announcements: Tomorrow I will have a sub.

Describe patterns of production and consumption of fossil fuels that are traded among nations. Today’s Target: Identify major oil production and consumption areas in the world. Reminder: Map AND Vocabulary quiz on Friday

Role of Oil…  Industrial Revolution…decreased dependency on coal and increase in…  Oil 37% natural gas and 27% oil (world) is used in America annually. 19 million barrels of oil a day U.S. oil reserves are only 2-4% of world total. Most of the oil we consume comes from foreign sources.

GO TO SCHOOLOGY Open in Unit 2 an assignment called, “Oil and Land Use.” If you are finished: 1. Study for the map and vocab test on Friday.

Misconceptions from yesterday… 1. People can just “find” resources. 2. Lowering oil prices will solve issues. 3. Support will suddenly create jobs. 4. We can “give” oil to countries. 5. Oil is everywhere.

World Poverty

What is the real worth of US $70.00? The answer depends on whether you are in the US, in Sierra Leone, in Nigeria, or in the Congo.

Identify the primary factors influencing the regional pattern of economic activities in the United States and the world. Writing Activity  Learning Target: I can identify the potential impact of micro-enterprise in reducing poverty, use evidence to support it, and persuade others to invest in it.