demo class ppt.pptx
- 2. L e a r n i n g o b j e c t i v e s S p e a k i n g a c t i v i t y D e f i n i t i o n
- 5. D e f i n i t i o n
- 7. • Definition: A. An economic phenomenon? B. A social phenomenon? C. A cultural phenomenon? • The movement towards the expansion of economic and social ties between countries through the spread of corporate institutions and the capitalist philosophy that leads to the shrinking of the world in economic terms.
- 8. Integration of Economies • The increasing reliance of economies on each other • The opportunities to be able to buy and sell in any country in the world • The opportunities for labour and capital to locate anywhere in the world • The growth of global markets in finance
- 9. • Made possible by: – Technology – Communication networks – Internet access – Growth of economic cooperation – trading blocs (EU, NAFTA(North American Free Trade Agreement）, etc.) – Movement to free trade Integration of Economies
- 10. s p e a k i n g a c t i v i t y
- 12. • Benefits ： – Increased choice – Greater potential for growth – Increase international economies of scale – Greater employment opportunities Trade has led to massive increases in wealth for many countries.
- 13. • Disadvantages : – Increase in gap between the rich and the poor – Dominance of global trade by the rich, northern hemisphere countries – Lack of opportunities for the poor to be able to have access to markets – Exploitation of workers and growers How far does trade help children like these?
- 14. Topic: The pros and cons of globalisation on Economy Speaking activitity - “Topic Tennis”
- 15. Home tasks • Research more information on globalisation. Prepare for the class debate • Review the textbook • Finish the worksheet on globalisation