1. Globalism
Chapters 20.2 & 20.4

2. The International Space Station (ISS)
1993: US and Russia merged their space stations
Joined by the ESA (European Space Agency) and Japan
Sought to build a space station they all could work from
1998: US and Russia sent sections of the ISS to space on spacecraft, so it could be assembled in space
Larger than a football field; weighs 4,100 tons
Houses 6 people at a time
Meant to conduct experiments like the effects of weightlessness on the body
Currently, they are working together to get to Mars
Do you think there is any other life in the Universe?

3. What is Globalization?
Interconnected-ness of people, nations, economies, and cultures around the world

4. Free Trade A key factor in globalization is free trade
Free trade – the input and output of goods btw countries w/o tariffs (taxes) on the goods
Elimination of trade barriers is essential
A byproduct of free trade is outsourcing
Outsourcing – when companies from developed nations building factories in developing/emerging nations since labor is cheaper
Another byproduct of free trade is increased globalization
Since goods are shipped more freely, countries can easily get foreign goods
Connects economies and cultures

5. European Union Free Trade Bloc:
Coordinate militarily, economically, and diplomatically
Foreign countries interact with the EU like it was one large country
Good for smaller countries because it gives them a way to compete on a global scale
Currency for all EU countries - Euro

6. Multinational Corporation
Multinational Corporation – company that operates in several different countries
Manufacturing plants, stores, and offices across the world
BP, Shell, Toyota, McDonalds
Can you think of any others?

7. Sustainable Growth
Goal: decrease the negative effects of country development on the environment
Also known as “greener growth”
Seeks to manage development so economic growth can occur w/o destroying the environment
How?
Meet current economic needs while ensuring the preservation of the environment
Conservation of resources for future generations

8. Popular Culture
Popular Culture – cultural elements that reflect a group’s common background and changing interests
Involves music, sports, technology, foods, clothing fashion, hobbies, activities
How would you describe popular culture today?

9. Sports Broadcasting Popular culture shows up internationally
For example:
CNN is televised in over 200 countries
NBA games are broadcast in 200+ countries
The World Cup Final was watched by 715 million people world wide in 2006
Can you think of any other sports related pop culture you watch?