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Team One Chapter 1: Globalization and International Linkages
Globalization
Globalization What do you think? Pros: Cons:
Globalization Listed from the book Pros: Cons: Lower Prices Wage pressure Greater availability of goods Poor working conditions  Better jobs Less regulated environments Access to technology Competitive edge
Globalization What our team thinks Pros: Cons: Most importantly:  International competition Most importantly: Loss of character More innovation Human rights Social welfare Quality of products National relations
Outsourcing vs. Offshoring
Outsourcing
Offshoring
From the professors perspective… ,[object Object],Queen of  Netherlands :  Beatrix Wilhelmina Armgard
Globalization : Good or bad idea? http://www.youtube.com/watch?v=eVZ3_JC3434&feature=related
Market Economy  Exists when private enterprise reserves the right to own property and monitor the production and distribution of goods and services while the state simply supports competition and efficient practices. What countries are considered  market economies …
[object Object],[object Object],[object Object]
Command Economy The organization, or government, has explicit control over the price and supply of a good or service.  What countries are considered  command economies …
[object Object],[object Object],[object Object]
Mixed Economy A combination of a market and command economy.  What countries are considered  mixed economies …
[object Object],[object Object],[object Object]
Disclaimer: No country is one perfect example of a direct type of economy.
 
Less Developed Countries Middle East and Central Asia Africa India Regions of Eastern Europe
Potential of LDC’s ,[object Object],[object Object],[object Object],[object Object],[object Object]
Moral Responsibility? http://www.5min.com/Video/Tom-Arnold-and-Moral-Responsibility-311603616
Team Response

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Team one chapter one presentation 1