The Global Economy

Globalization, Interdependence,
Outsourcing, Child Labor, Multinational
Corporations, Trade Organizations,
OPEC and Global Migrations

The Global Economy

Globalization is the
process by which
national economies,
politics, cultures, and
societies become
integrated with those of
other nations around the
world.

The Global Economy

Interdependence
increases with
globalization and is
the mutual
dependence of
countries on goods,
resources, labor, and
knowledge from other
parts of the world.

The Global Economy

Outsourcing is the
practice of sending
work to companies
in the developing
world in order to
save money or
increase efficiency.

Economy
The WorldThe
TradeGlobal
Organization
is an international
organization set up to facilitate global trade.
It oversees the General Agreement on Tariffs and
Trade (GATT). That helps lower tariffs and expands
free trade.

The Global Economy

World wide children suffer terrible abuses. As of April, 2013,
according to the UN: The United Nations Children's Fund says
that more than a quarter of children under age 5 worldwide
are permanently "stunted" from malnutrition, leaving them
physically and intellectually weak and prone to early death.
1 out of 4 children world wide suffer the effects of extreme
poverty, armed conflict and AIDS and are the targets of human
rights violations.
In some nations, they are force to serve as soldiers and slaves.
In 1989, the UNGA approved the Convention of the Rights of
the Child. This sets standards for basic rights for children
including the right to life, liberty, education and healthcare.
These rights cannot be ensured in many cases.

The Global Economy

In developing countries, children between the
ages of 5 and 14 do not attend school, they
work full time in dangerous, unhealthy
conditions for little pay. Many are abused by
their employers and essentially enslaved.

The Global Economy

OPEC The Organization of Petroleum Exporting Countries
Established in 1960.
Members include many Middle Eastern countries including Saudi
Arabia, Iran, Iraq, Kuwait, the UAE and Venezuela (in Latin
America)
Goal is to set the supply and price of oil on the world market.

The Global Economy

Certain countries in OPEC would like to gain more
money and influence so they can obtain nuclear
weapons.
Nuclear Proliferation is growth or spread of nuclear
weapons to nations that do not currently have them.

The Global Economy

Weapons of Mass
Destruction are
those which cause
mass destruction.
They include
nuclear, chemical,
and biological
weapons and kill
thousands, even
millions of people.

The Global Economy

In 2003 when he
refused to let UN
inspectors check to
see if he was
developing WMDs,
Saddam Husseins Iraq
was invaded and his
government was
toppled by a coalition
led by the US and
Great Britain.

The Global Economy

Cyberterrorism is any politically
motivated attack on information
systems.

The Global Economy

International terrorism is the use of
force or threats to frighten people or
to force governments to change their
policies.

 Bioterrorism- Terrorism through the

use of biological warfare.

 Counterterrorism- Political or military

activities designed to prevent or
thwart terrorism.

 Religious terrorism- Terrorizing

someone for their religious beliefs.

 Separatist Terrorism- Terrorism from

within a country in an attempt to
establish a new state.

 Nacroterrorism- Attempting to
terrorize through the use of drug and
sex trafficking.

 Nuclear terrorism- Terrorism used

with the help of nuclear weapons.

 Eco terrorism- Terrorism used to help

destroy the environment.