1 / 57

What In the world were they thinking????

FOCUS: GLOBALIZATION. What In the world were they thinking????. Laura Ewing/President and CEO 1801 Allen Parkway Houston, TX 77019 713.655.1650 www.economicstexas.org. Texas council on Economic education. How do I find lessons? www.economicstexas.org. 10 week simulation

vanya
Download Presentation

What In the world were they thinking????

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FOCUS: GLOBALIZATION What In the world were they thinking????

  2. Laura Ewing/President and CEO • 1801 Allen Parkway • Houston, TX 77019 • 713.655.1650 • www.economicstexas.org Texas council on Economic education

  3. How do I find lessons?www.economicstexas.org

  4. 10 week simulation Grade 4 through 12 Teams of 2 to 5 Virtual $100,000 to invest Fall team fees supported by Fidelity Investments Stock Market Game™

  5. Economic Challenge • Teams of four • Micro/macro/international tests • Ricardo and Smith Divisions • State Play-offs April 14 at Capitol • Online Regional Competition • Smith Regional winner to NYC

  6. PFL Challenge • Teams of four • Online campus tests • State playoffs April 12 at the Federal Reserve Bank Houston • State winners to Missouri

  7. What in the World Were They Thinking? How did geography, history, government, economics and history impact the thinking and actions of humans? The session will provide teachers with economic based lessons on how natural resources, politics, and historical events impacted decision making.

  8. Ideas that changed the worldConcepts • Geography • Standard of Living • Interaction with the physical environment • Economics • Technological change • Productivity • Capital goods • Human Capital • Standard of living

  9. What is productivity? • What was The Little Red Hen story about? • If it took 8 hours to bake 8 loaves, how many can she bake in 1 hour? • 8X = 8 X = 1 loaf of bread • Productivity = the amount of good or service a worker can produce in a period of time.

  10. The hen becomes more productive • If the number of workers remains the same, what is needed to increase productivity? • Technology and capital goods • What are the factors of production? • Land or natural resources • Labor • Capital

  11. Visual 8.1 What happened to the productivity of these products and why? As production increases, what happens to prices? What is the impact on standard of living?

  12. Problem solving • What problem needed to be solved? • Who came up with a solution? • What was the solution? • How did this solution affect productivity? • Change in technology? • New capital good? • Improve people’s education or health? • How did the solution allow people to overcome challenges presented by the physical environment? • How did this solution affect people’s stand of living? • How did this solution affect people’s quality of life?

  13. Finnish technology award foundation …”Promote people’s quality of life, are based on human values and encourage sustainable economic development” Who would you nominate based on 8.3 criteria? Why? Make a poster to present their candidate Judge each other’s nominations with sticky notes

  14. The candidates are… • Double Bubbler • Barbed Wire • Penicillin • Telephone • Self-Polishing Steel Plow • Dynamite

  15. Assessment • Brainstorm a list of new inventions • Choose one and write a newspaper story and headline about it • Paragraph 1 • Who developed the invention? • What does it do or how is it used? • When was it developed? • Where was it developed? • Why was it developed? • Paragraph 2 • How does the invention increase productivity? • How does it change the environment or allow people to overcome challenges in the environment? • How does it affect the people’s standard of living? • How does it improve the quality of life?

  16. Globalization: economic growth • Focus: Globalization (page 211) • Economic growth is a sustained increase in a nation’s production of goods and services. • If the production of goods and services increases faster than a nation’s population, GDP per capita increases and, on average, the people of that nation have more to consume, increasing their material standard of living.(3) • (3) Voluntary National Content Standards in Economics. National Council on Economic Education, New York, NY, 1997, pp. 29, 35-36.

  17. What is globalization? “…refers to the worldwide phenomenon of technological, economic, and cultural change, as brought about by expanding facilities for intercommunication and interdependency between traditionally isolated cultures.” “The terms refers to the overall integration, and resulting increase in interdependence, among global actors, be they political, economic, or otherwise.”

  18. A.t. kearney/carnegieglobalization index (gi) Economic Integration: Trade and Foreign direct investment Personal: telephone, travel, remittance/personal transfers Technological connectivity: Internet users, Internet hosts, secure servers Political Engagement: international organizations, U.N. peacekeeping, treaties, government transfers

  19. Is the u.s. global or isolated? Use the charts and graphs on pages 217, 220, 221 and the quote above to determine if the U. S. is a significant player in the global economy.

  20. Why Do people move? Geography Concepts Migration Immigrants Pull Factors Push Factors Economics Costs Benefits Decision Making

  21. Engage Have you ever moved? What was (were) the distance(s) of your move(s)?

  22. Visual 4.1geographic mobility • What is significant about each figure and why do you think these changes happened? • Figure 1? • Figure 2? • Figure 3?

  23. Terms • Migration • Immigrants • Emigrants • Benefits • Costs • Push and Pull

  24. Costs and benefits?Babysit for $6.00 for unruly kids or be with friends?

  25. Push and pull factors “In 2002 the United Nations estimated that around 175 million people, or about 3 % of the world’s population, resided in a country different from their country of birth.”

  26. Reasons for migration You will be assigned one card from Activity 4.1. You will answer questions on Activity 4.2. Complete the chart based on reading.

  27. Who is allowed to immigrate into the united states? • “Immigration data were collected from U. S. Department of Homeland Security’s Office of Immigration Statistics based on the major legal-status categories available to migrants who apply to enter the United States.” • Sponsorship by a relative • Request for asylum • Refuge to avoid persecution

  28. Questions 1. What was the largest number of people to migrate to the U. S. in fiscal year 2002? 2. Under what legal category did the majority of these people apply to enter the U. S.? Other country’s per capita GDP in 2003 was $9,000. Per Capital GDP in U. S. in 2003 $37,800. What does this suggest? Complete Activity 4.4 and add 4 more countries.

  29. Check for understanding Complete Activity 4.5. What are the costs and benefits? What would you decide?

  30. Human capital Skilled workers Unskilled workers Emigration Immigration Brain drain Vocabulary and concepts

  31. Why do people migrate? What are the concerns about immigration? What are the concerns about emigration? Focus: let’s begin

  32. 1. How and why do people react to incentives? 2. What role do incentives play? 3. What determines the income people earn? Content standards

  33. 1. Explore economic incentives that lead to migration, both economic and non-economic 2. Describe the difference between skilled and unskilled workers and the effects of immigration on both. 3. What are the economic effects of immigration 4. Define/discuss cause and effect of brain drain 5. Illustrate impact of immigration on wages using supply and demand diagram Objectives

  34. 6a. Locate and describe human and physical features that influence the size and distribution of settlements 6b. Explain the processes that have caused changes in settlement patterns including urbanization, transportation, access to and availability of resources and economic activities. Geography TEKS

  35. 1. Do you know anyone who was born in a different country? 2. Was anyone in your family born in a different country? Student focus

  36. Melting pot Salad bowl US 31 million born elsewhere 11 % of US population Define: Emigration & Immigration Why do people come to the US? United states: nation of immigrants

  37. What are three facts that you can learn from the chart? Summarize the point of the chart Continue looking at the other charts Visual 1: u.s. immigrants by class of admission, 2004

  38. Why do people need to be related to a citizen or resident? Why else is it difficult to immigrate? Why is immigration to us difficult?

  39. Doctor Teacher Construction worker Agricultural worker Computer programmer Who should be allowed to immigrate to the united states?

  40. What is the difference between skilled and unskilled workers? “Most countries have adopted immigration policies that are at least partly based on workers’ occupation or skill level.” Workers

  41. What is a visa? What are three facts you can learn from the chart? How would you summarize the point of the chart? Visual 2: visas

  42. Permanent residence status Temporary Worker Visas What are the differences between -

  43. Economic reasons for immigration into the united states are –

  44. What impact do immigration and emigration have on human capital in a market? Why is human capital important in a global economy? What role do wages play with immigration? What is human capital?

  45. You will be assigned a particular role from Activity One. (pages 190 to 195) • Follow the instructions on page 188: • Play the role but you can improvise • Interview 5 people to find out how each has been affected by migration. Would they agree or disagree with laws to limit immigration? • As you interview, complete the chart on page 189 • Summarize the most important statements • Decide whether or not each would favor laws to make migration easier. Role play: 20 minutes

  46. Based on what you have learned, discuss who gains and who loses from immigration? Use these terms as you discuss your answers – Host country home, source, native country Remittances (cards 9 and 14) – transfer Returnees - reverse immigration Discussion

  47. Why is immigration restricted in the US? Discuss Visual 3 Why does the United States allow immigration with the “negative” impact displayed on Visual 3? Who is helped? Who is hurt?

  48. What are the advantages and disadvantages of allowing more unskilled immigrants into the United States? What are the advantages and disadvantages of skilled workers? Unskilled workers

  49. 1. Do you believe that the benefits of immigration by skilled workers are greater than the benefits of immigration by unskilled workers? How do you contrast the benefits of the immigration of skilled workers with the costs of emigration by skilled workers? How do you use the term brain drain in your examples? Compare and contrast

  50. Read Visual 4 and describe the main points Study Visual 5 and summarize the information What do you notice about the information in Visual 6? What is the message in Visual 7? Brain Drain

More Related