Major%20Players%20in%20Globalization

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Major Players in Globalization

• HSB4U
• Chapter 10
• Unit 1A

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Activity (5 mins)

• Globalization can be both helpful and hurtful.
• Together with your elbow partner, look at the
  examples on the bottom of p. 39.
• Decide if each example is a good or bad
  illustration of globalization.
• Also write how the example is related to
  globalization.

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Continue with Shipbreakers

• Continue to fill out your T chart as we view
  another section of Shipbreakers.
• Yesterday, I asked you questions.
• Today, you decide when to stop for questions or
  clarification.
• Call out or put up your hand.
• Ask to pause when you notice something
  interesting.
• Ask your classmates questions.

4
Detour Handout p.38

• Fill in the table on the bottom of p. 38 based on
  the following information I will provide on the
  screen.

5
Large Manufacturing Corporations

• Also known as
• transnationals
• multinationals
• What do they do?
• They sell goods, manufactured products
• Where do they do it?
• Production done in countries where wages are low
  and costs are low and taxes are low in order to
  make profit (developing countries). Products tend
  to be sold in developed countries to people who
  have disposable income.
• Role in globalization suppliers

Unit 3 Detour worksheet, Q2b
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Large International Banks

• Such as RBC, HSBC (the worlds local bank)
• Why do they use these acronyms?
• To appear more generic
• What do they do? Sell financial services
  (financialization )
• Who benefits?
• Banks, corporations, the economy, financial
  elites (1)
• Negative consequences?
• Income can become concentrated in the hands of
  the wealthy (financial elite) income inequality
• Role in globalization facilitators

Unit 3 Detour worksheet, Q2b
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International Governmental Organizations

• What do they each do?
• WTO World Trade Organization reduces
  restrictions on intl trade
• WB World Bank provides loans to developing
  countries
• IMF International Monetary Fund maintains stable
  exchange rates to increase world trade
• Role in globalization regulators/promoters

Unit 3 Detour worksheet, Q2b
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3 Volunteers

• Please briefly share what you wrote on the detour
  sheet.

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Detour Handout

• Work in groups to fill out the
• Key Terms table at the top of p. 38 using p.
  326 of your text
• (column 1 and a bit).

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Anthropology and Globalization

• HSB4U

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Anthropological Interpretations

• Sidetracking
• Diffusion
• Americanization
• What do these all have in common?
• Fill out China Globalization handout on p. 40.
• Give an example of each from China.
• Give an example from the globalization images.

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Cultural Costs of Globalization

• Cultural Costs, pages 329-331
• Consequences of internationalization of cultures
• Cultural losses
• Young peoples sense of __________ as they lose
  touch with their traditional culture (e.g.,
  Inuit)
• __________ (e.g., Quebec can be overwhelmed by
  English culture)
• ____________ (e.g., when building hydroelectric
  dams in the Amazon)
• Changing of cultural norms
• izations
• Homogenization (________ of cultures)
• Deterritorialization (when one culture is not
  physically attached to one ________, often
  because of migration, immigration)
• Westernization/Americanization
• Industrialization

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You Are the Anthropologist

• HSBC taxi ad
• http//www.youtube.com/watch?vfUTl1f24zIo
• What questions would an anthropologist ask as
  he/she travelled in the taxi?

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Economic Costs of Globalization (330, 332)

• Costa Rica
• Cash crops crops grown for sale, usually export
• Profit goes to the __________ where the products
  are exported and sold or fully processed
• Loss of independent decision-making
• Social programs are things like welfare, health
  care social safety net programs where
  government intervenes in the economy to protect
  people
• Costa Rica had them but ___________ them when it
  wanted to get more involved in the global
  economy. To make itself more attractive to
  foreign investors and to be in a position to
  receive IMF and WB loans, it needed to have low
  _________ and ______.

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Debrief How do you feel about Globalization?

• Globalization is not necessarily good or bad.
• Its effects can be good or bad, or the way its
  done can have good or bad consequences.
• The problem is the benefits of globalization
  arent necessarily distributed equally.
• Do you think theres a bias in this chapter of
  the text?

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HOMEWORK