Globalization & the United States at the Turn of the 21st Century

Globalization & the United States at the Turn of the 21st Century

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Students will analyze how globalization shaped the U.S. economy, culture, and politics around the year 2000. Students will evaluate both the benefits and challenges of globalization.

Vocabulary

Globalization

The increasing connection of the world through trade, technology, and culture

Outsourcing

Moving jobs to other countries to reduce costs

Free Trade

Trade between countries with few restrictions

Interdependence

Countries relying on each other for goods/services

Multinational Corporation

A company that operates in multiple countries

Drag and drop the items below to the term they best match

📦

🌍

🏢🌐

💼➡️🌎

🔗

What is Globalization?

Expansion of international trade and communicationPowered by:

• Internet 💻
• Faster transportation ✈️🚢
• Trade agreements

The world becomes more connected than ever before

The US Economy & Globalization

Growth of global trade in the 1990s–2000sRise of companies like:

• Amazon
• Walmart

Outsourcing manufacturing jobs overseas Shift to service & tech-based economy

Free Trade Agreements

North American Free Trade Agreement (NAFTA)

• U.S., Canada, Mexico

Reduced trade barriers

• Pros:
• Cheaper goods
• More trade
• Cons:
• Job loss in some U.S. industries

Technology & the Internet Boom

Rapid expansion of the internet in the late 1990sDot-com boom 💻📈 Changed:

• Shopping
• Communication
• Business

Example: Google transformed how people find information.

Culture Globalization

American culture spreads worldwide:

• Movies 🎬
• Music 🎵
• Fast food 🍔

Example:

• McDonald's operates globally
• At the same time, the U.S. is influenced by other cultures

Challenges

Job loss in manufacturing areasIncome inequality Environmental concerns 🌱 Cultural blending vs. cultural loss

September 11, 2001 & Global Impact

September 11 attacksShowed how interconnected the world is Led to:

• Increased security
• War on Terror
• Changes in foreign policy

Globalization in daily life

• Clothes made in different countries 👕
• Food from around the world 🍎🌮
• Social media connects people globally 🌐

Have a Great Week!!