1. The Modern World

2. Globalization Acronyms
World Trade Organization (WTO): an international organization created to supervise international trade and support free trade
The European Union: an economic and political union of 27 member countries in Europe dedicated to regional integration

3. Organization of Petroleum Exporting Countries: An organization that works to protect the interests of member countries that produce oil
Example: controlling oil prices to make more $$$

4. North American Free Trade Agreement (NAFTA): eliminated tariffs and trade restrictions between Canada, the U.S. and Mexico
the International Monetary Fund (IMF): an organization that offers emergency loans to countries in financial crisis
United Nations (UN): an international organization dedicated to keeping the peace and preventing human rights violations

5. the World Bank: an organization that offers loans to developing countries for large government projects
NATO: A mutual defense organization created to protect member states from aggression

6. Developed vs. Developing Nations
A developed nation is a: nation with the industrialization, transportation, and business facilities for the advanced production of manufactured goods
A developing nation is a: nation that is in the process of becoming industrialized
Developed nations
Developing nations
Primary Location:
The “Western” World
parts of Asia, Africa, and South America
Economic conditions:
More prosperity, less poverty
LOTS of poverty
Social Conditions:
More literate, access to health care
Less literate, often no or very little access to healthcare
Population size and rate of growth:
Constantly growing
Not growing

7. By the end of this century knowledge workers [people whose jobs focus on working with information] will amount to a third or more of the work force in the United States. …The majority of knowledge workers will be paid at least as well as blue-collar workers ever were, or better. And the new jobs offer much greater opportunities…The new jobs…require a habit of continuous learning. PETER DRUCKER, Managing a Time of Great change

8. The rapid growth of the population affects Society by increasing:
Economic development and rapid population growth have an impact on the environment and society in today’s world.
The economic development and population explosion affects the Environment through:
Increased pollution
Loss of animal habitats
Global climate change (global warming!)
The rapid growth of the population affects Society by increasing:
Poverty
Poor health
illiteracy
Famine
Migration (the movement of people from one place to another

9. A stable economy contributes to a stable democracy, and political freedom helps to increase economic development.
How?
Free market economies produce rising standards of living and an expanding middle class, which produces growing demands for political freedoms and individual rights.
Examples: Taiwan and South Korea.
BUT—Every nation, no matter if they’re developed or developing, depends on each other for their raw materials, markets, and financial resources (banks and loans)—this forms a GLOBAL ECONOMY

10. Globalization

11. Economic Interdependence between Countries
Fast transportation, communication, and computer networks help keep people in different countries connected.
Multinational corporations - companies that operate in many different countries have helped by building factories in many different locations. They see the whole world as a market for their goods.
because of this, in the global economy its as if national boundaries do not exist

12. Challenges faced by both developed and developing nations because of their differences:
Migrations of refugees (people seeking safety from war or persecution in another nation) and others
Refugees can be an issue in international conflicts
Migrations of “guest workers” to European cities
Ethnic and religious conflicts today are found in:
The Middle East, Northern Ireland, the Balkans, the Horn of Africa, and South Asia

13. Impact of new technologies
Widespread but unequal access to computers and instantaneous communications leads to unrest
Genetic engineering and bioethics make people question the right or wrong of science
Example: Cloning—right or wrong?
Genetic engineering – introduce new genes into an organism to give it new traits
Cloning – creation of identical copies of DNA.

14. Terrorism Some people deal with the inequality through use of violence
Terrorism: the use of violence and threats to intimidate and coerce for political reasons
Major causes: political extremism, religious extremism

15. Foreign and Domestic Examples: Munich Olympics
Terrorist attacks in the United States (9/11/2001)
motivated by extremism on the part of Al-Qaeda and its leader, Osama bin Laden.
Car bombings
Suicide bombers
Airline hijackers

16. Munich & Atlanta Olympics
1972 Summer Olympics
Palestinian group captured 11 members of the Israeli Olympic Team – held hostage and eventually killed
Atlanta
July 27, 1996
Bombs went off
2 died, 110 injured

17. September 11, 2001 Four planes hijacked
Two hit the Twin Towers in New York
Both towers collapse
One hit the Pentagon
One crashed in Pennsylvania
Worst and deadliest attack on American soil

18. Boston Marathon Attacks
4/15/13
Two bombs exploded within 12 seconds of each other near the finish line
3 died, 180 injured

19. WACO OKLAHOMA CITY BOMBING
Began Feb 28, 1993
ATF went to search compound occupied by the Branch Davidians
Gun battle erupts
Standoff for 50 days
Siege ends on April 19, 1993
76 people died
OKLAHOMA CITY BOMBING
April 19, 1995
Domestic terrorism
Timothy McVeigh
Angry about Federal government’s handling of WACO
Federal Building (Murrah) blown up
168 died, 680 injured

20. Acts of Violence Columbine (4/20/99) VA Tech Shooting (4/16/07)
Two students entered high school with guns and killed 12
Both committed suicide
Worst school shooting in the USA (now 2nd)
VA Tech Shooting (4/16/07)
Lone gunman killed 32
Worst school shooting in the USA
Sandy Hook Elementary Shooting (12/14/12)
Lone gunman enters school and killed 26
DMV Sniper (October 2002)
Two gunmen terrorized area by killing 10 and critically injuring 3
Aurora Theater Shooting (7/20/12)
Lone gunman enters theater and killed 12 and injured 58
Trial ongoing
Sikh Temple Shooting (8/5/12)
Lone gunman enters temple and killed 6 and wounded 4 more

21. Government Response to Terrorism
Surveillance increased and privacy rights decreased
Security at ports and airports increased
Identification badges and photos required
Patriot Act is a law that was passed by Congress in 2002 and signed by George W. Bush. This allowed law enforcement great freedom in researching suspected terrorist (foreign or domestic)