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Technology Creating a more interdependent Global Economy. Ethan Ennis May 18 th ,2011 World History, Period 8. Thesis.
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Technology Creating a more interdependent Global Economy Ethan Ennis May 18th,2011 World History, Period 8
Thesis More countries are connected with each other due to the global network. The global network has allowed them to leverage efficiencies. Trade, communication, transportation and technology in general have helped integrate our global economy.
Global network is a huge factor in making our global economy more interdependent Global network- is communication by way of technology that connects businesses, governments and people to each other EX: Phones, Computers, Media
Global network- is communication by way of technology that connects businesses, governments and people to each other EX: Phones, Computers, Media Our entire world helps makes up the global economy
Leveraging efficiencies - To take advantage of another nations resources
- To take advantage of another nations resources This helps the producer and the consumer of the resource.
This helps the producer and the consumer of the resource. Trade plays a big role in the global network
Creating a smaller world Modern Technology has helped people become more aware of what’s happening around them. -Before we had phones how did we talk to people far away? -Before we had internet how did we connect with friends? -Before we had planes how did we visit far away places?
-Before we had phones how did we talk to people far away? -Before we had internet how did we connect with friends? -Before we had planes how did we visit far away places? Media, Internet, and Phones has made our “large” world, “smaller”
Media, Internet, and Phones has made our “large” world, “smaller” Media, Internet, and Phones has made our “large” world, “smaller” We are connected to people through technology
-Sickness spreading • Multi national companies • Exploitation of countries Disadvantages to globalization
A more recent example of how diseases can move from place to place. Smallpox is another example of how infections can spread.
Economic cartoon demonstrating how multi- national companies have disadvantages.
Map showing the exploitations by the British empire made in these places
Globalization is inevitable but there are ways to make it more balanced.
Quiz Questions 1. What are two disadvantages of globalization? 2. Explain how globalization and technology are connected 3. Give an example of globalization