Canada and
Globalization
CGC 1D1CGC 1D1
Lester B. Pearson High SchoolLester B. Pearson High School
Globalization
• “process whereby the world’s people are
becoming increasingly interconnected in all
facets of their lives—cultural, economic,
political, technological, and environmental”
Video: Globalization: What does it really mean?
Is Globalization a new phenomena?
For centuries there has always been For centuries there has always been
interest in the trade and sharing of interest in the trade and sharing of
goods (ex. spices) and ideas (ex. goods (ex. spices) and ideas (ex.
spread of religion).spread of religion).
Spice trade
There is debate whether
globalization is good or bad
Video: No Logo: Brands, Globalization & Resistance
How globalization has increased over the last
few decades?
1.Faster technological changes1.Faster technological changes
- ex. information technology (speed and cost)- ex. information technology (speed and cost)
0
50
100
150
200
250
300
350
1930 1940 1950 1960 1970 1980 1990
$0.30
Cost of a 3-Minute Telephone Call, Cost of a 3-Minute Telephone Call,
New York to LondonNew York to London
(Constant 1990, U.S. $)(Constant 1990, U.S. $)
Reduction of
Communication
Distance
Ex. Call Centers in
India
Greater access to information
Ex. World Wide Web
How globalization has increased
over the last few decades?
1.Faster technological changes1.Faster technological changes
- ex. information technology (speed and cost)- ex. information technology (speed and cost)
2. Improvements in Transportation (speed &
cost) ex. Containerized Shipping
Change of World Wide Shipping
Present Day : Containers
-Fast to load ship/ trains / trucks
-Able to carry lots of goods
-Cranes do most of the work
Past: Long shore men
-Longer to load ship/ trains / trucks
-Able to carry lots of goods
-Lots of people load goods
0
0.1
0.2
0.3
0.4
0.5
0.6
0.7
0.8
1930 1940 1950 1960 1970 1980 1990
Decrease in Cost for Air Transportation Decrease in Cost for Air Transportation
per Passengers Mile per Passengers Mile
(in 1990 US dollars)(in 1990 US dollars)
How globalization has
increased over the last few
decades?
1.Faster technological changes - ex. information technology 1.Faster technological changes - ex. information technology
(speed and cost)(speed and cost)
2. Improvements in Transportation (speed & cost) ex.
Containerized Shipping
3. Globalized Companies
-big international corporations around the
world (ex. Pepsi)
Big International Companies
1. Exxon Mobil1. Exxon Mobil
2. JPMorgan Chase2. JPMorgan Chase
3. General Electric3. General Electric
4. Royal Dutch Shell4. Royal Dutch Shell
Who are the top 4
biggest global
companies in 2012?
http://www.forbes.com/global2000/#p_17_s_a2_All%20industries_All%20countries_All%20states_
Big International Companies
Is it new? Who started it?
The Dutch East India
Company (1602-1798) is
know to be the world’s
first multinational
company and the first to
issue stock. They bought
spices in South-East Asia
and sold them in Europe.
How globalization has
increased over the last few
decades?
1.Faster technological changes - ex. information technology 1.Faster technological changes - ex. information technology
(speed and cost)(speed and cost)
2. Improvements in Transportation (speed & cost) ex.
Containerized Shipping
3. Globalized Companies -big international corporations around
the world (ex. Pepsi)
4. Internationalization of economic activity -
increased global trade, stock markets &
investments
Advantages of globalization
1.Easier to communicate with people around the world
2.Easier to travel
3.Cultural interchange
4.International trade
5.Better and cheaper products
6.Improvement of new technologies
7.The transport of the products is easier and faster
8.Globalization creates a political and an economical
connections, which helps countries to get along with each
other more
Disadvantages of globalization
1.1.Companies move jobs overseas, creating Companies move jobs overseas, creating
unemployment in countries where the jobs unemployment in countries where the jobs
originatedoriginated
2.2.The businessmen and the big companies The businessmen and the big companies
are the only winners in globalization are the only winners in globalization
3.3.Exploitation of the workers in the Exploitation of the workers in the
developing countries – incl. childrendeveloping countries – incl. children
S
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a
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s
h
o
p
s
Disadvantages of globalization
4.4.Money problems can easily be Money problems can easily be
spread (ex. US recession, Greece)spread (ex. US recession, Greece)
5.5.The mix of cultures can lead loss The mix of cultures can lead loss
of national identityof national identity
6.6.Small companies have to go out Small companies have to go out
of business because they cant of business because they cant
compete with the big compete with the big
international companies international companies
7.7.Gap between the poor and the Gap between the poor and the
rich people increasesrich people increases
Globalization Activity
You will be organizing yourselves into teams of 4
people, given 1 large sheet of paper and markers.
You and your group members will be asked to
answer one of the following five questions on the
large sheet. This will then be presented in front of
the class.
1.How has globalization affected your life?
2.Is globalization good for the world?
3.What will globalization look like fifty years from now?
4.Do you think globalization will make us all the same in
the future?
5.Which countries do you think like or hate globalization
most?