A-34

= __ All Things Global __ = Globalization, Global Interdependence, Global Economy, and How the environment and technology impacts it all. Naoki Takamasa, Matt Peery, and Holly King

**Technology Revolutionizes the World's Economy**

In the 1950's the way plastic was made from petroleum was perfected (Modern World History 641). Petroleum was cheap at this time because there was an abundance of it. The cost of it could also be cheaper depending on what was going on inside the country and how the relationship was between the countries that were sending and recieving it. There were technological advances such as robotic arms which were used in factories and car manufacturing places which changed industrial processes by lowering costs and increasing the quality and speed of production (Modern World History 641). The communication advances made by computers changed the way information was processed. People that were good with working with information start to be highered more frequently by businesses that worked with a lot of information like insurance companies (Modern World History 641). These kinds of businesses were benefitting because of all of the technology advances. A big technological advance that was made had to do with computers. They started to evolve. Mainframe computers, large and powerful data processing systems, and minicomputers, machines smaller than a mainframe but bigger than personal computers, started to turn into desktop machines and became smaller and easier to manage. Laptops have come a long way from that.  -> 

I nternational technology transfer is very important to the world because some nations depend on each other to provide certain resources and products to them (Hoekman 2). There were also advances in the medical field that helped people live more fully if they were disabled in some way (The Americas 876). Such advances included fake legs. All in all, advances in technology have improved our world and made communicating and creating technology more efficient and easier.

<span style="font-family: Georgia,serif; font-size: 110%;">Throughout the world there are different types of environments. Every country is at different stages of developing their economies. Developed nations are industrialized, have transportation, and have business facilities. In the 1950's manufacturing jobs were being moved into emerging nations because they were just being industrialized and the developed nations were already industrialized and had more business facilities that had more advanced ways of production. All of the eager workers went to emerging nations to find jobs but they had lower income (Modern World History 641). <span style="font-family: Georgia,serif; font-size: 110%;">Several developed nations in the world count on new technologies being imported so they can grow off of them (Hoekman 2). This may be usful to start creating new technology on their own. These imports greatly effect the technological growth of delevoped nations (Hoekman 2). USA and Japan are relied on to spread their technology advances to other non-developed nations. The spread of technological knowledge gives all nations an opportunity to learn how to opporate high level equipment.

<span style="color: #178311; font-family: Georgia,serif; font-size: 150%; vertical-align: super;">**A Global Economy**

<span style="font-family: Georgia,serif; font-size: 110%;">A global economy includes all financial interactions that cross international borders which are people, businesses, and government (Modern World History 642). It is defined a an unrestricted world economy where the trading of goods and services flows freely but the World Trade Organization has rules which makes the idea of free flow of goods very rare. The idea of a global economy was to make the world's economy better as a whole. The trade of technology and ideas throughout the world allows all nations to have a chance to learn how to use mature technology. A successful global economy has the goals of improving the way of living at a worldwide level. The first true global economy didn't develope until the 1850's (Modern World History 642).

<span style="font-family: Georgia,serif; font-size: 110%;">Multinational corporations are very important to a global economy. Multinational corporations are businesses that operate in several countries. It enables them to produce components of their products on different continents (Modern World History 642). Car companies are the most common multinational corporations because cars are important in countries all across the world, not just a specific one. Improved technology is important to these corporations because when countries trade with other countries throughout the world they take each others ideas and they grow off of each other and it helps the world develop technologically.

<span style="font-family: Georgia,serif; font-size: 110%; margin: 0px; padding: 0px;">Free Trade is one of the biggest goals in Globalization. It is when they eliminate the trade barriers between the countries. Globalization would not be possible without opening the trade ports of the world for multination trade, opening these ports is the main idea behind Free Trade. European Organization set up tariff free trade among member countries, this was very successful, European Economic Community formed. After a while, many Western countries joined the organization. Because the free trade movement was such a success other parts of the world started doing the same thing. <span style="font-family: Georgia,serif; font-size: 110%; margin: 0px; padding: 0px;">(Modern World History 642)

<span style="color: #178311; font-family: Georgia,serif; font-size: 150%; margin: 0px; padding: 0px; vertical-align: super;">**Globalization--For and Against**

<span style="font-family: Georgia,serif; font-size: 110%; margin: 0px; padding: 0px;">Globalization- To expand to other parts of the globe or to make worldwide. <span style="font-family: Georgia,serif; font-size: 110%; margin: 0px; padding: 0px;">~Support for Globalization
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Free flow of goods, services, technology, and investments benefit all nations.
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Dramatic increase of standard living across the world
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Practically all nations have seen some benefit
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Promotes peace through trade
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Raises the standard of living around the world
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Promotes investment in less developed countries
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Creates a sense of world community

<span style="font-family: Georgia,serif; font-size: 110%; margin: 0px; padding: 0px;">~Support Against Globalization <span style="font-family: Georgia,serif; font-size: 110%; margin: 0px; padding: 0px;">(Modern World History 643)
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Disaster for the poorer countries
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Erodes local cultures
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Creates conflict because of an inherently unfair system
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">benefits developed nations disproportionately
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">Takes jobs from high-paid laborers in developed countries
 * <span style="font-family: Georgia,serif; font-size: 110%; margin: 0.5em 0px 0px; padding-bottom: 0px; padding-left: 3em; padding-right: 0px; padding-top: 0px;">benefits those who already have money

<span style="color: #178311; font-family: Georgia,serif; font-size: 150%; vertical-align: super;">**Impacts of Global Development**

<span style="font-family: Georgia,serif; font-size: 14px; line-height: 21px;">The United States economy is very dependent on foreign oil and it makes us vulnerable. How you say? The reason for this is because if one of the nations who we trade with goes into recession, then there is is a high possibility we will end up in the same way. that is why when we depend on foreign oil there is a chance our economy will decline also.

<span style="font-family: Georgia,serif; font-size: 110%;">What are the environmental impacts that came with the economic development?

<span style="font-family: Georgia,serif; font-size: 14px; line-height: 21px;">Improving and maintaining the needs of humans and eco-system is connected with the global economy. What is difficult is identifying the potential links between globalization and environmental degragation. These could lead to negative affects in the environment (Arshick). <span style="font-family: Georgia,serif; font-size: 14px; line-height: 21px;">An example is in todays society we have electricity. Electricity is a result of economic development. To create electricity people burn coal and evaporate water making it to steam. From there, the steam travels and turns a turbine creating elecrticity. However, there are negative affects in this process. By people burning coal it releases carbin dioxide into the air. This results into air pollution and acid rain. <span style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; color: #0645ad; font-family: sans-serif; font-size: 12px; line-height: 19px;"> //﻿// <span style="color: #178311; font-family: Georgia,serif; font-size: 150%; vertical-align: super;">**Sustainable growth**

<span style="font-family: Georgia,serif; font-size: 110%;">What is sustainable growth and what are it's two main goals?

<span style="font-family: Georgia,serif; font-size: 110%;">Sustainable growth is "greener growth". Economists and scientists are looking for ways to reduce the negative effect that development had on the environment. By this it means to try and preserve the environment as much as we can. Such as by putting filters into the chimny so it reduces the amount of carbin dioxide factories put into the air. This helps preserve tho Ozone layer of earth and helps air pollution drastically. Just by doing this in our society helped reduce the amount of air pollution there was in the past. Another example is by changing the fuel in cars. Cars all over the world contribute to releasing carbin dioxide and other pollutants into the air. This leads to global warming; global warming is said to increase the temperature of earth, melt glaciers causing the oceans to rise, also cause wildfires. That is why scientist came up with the hybrid car. This vehicle uses the power of gas and elecricity. Although it uses gas as a source of energy it is a drastic diference between the cars that run on total gas and cars that run on gas and elecritity. This is Sustainable growth. Society improving upon the technologies we have today to negate the negative affects and make technology more effecient.

<span style="font-family: Georgia,serif; font-size: 110%;">The two main goal
 * 1) <span style="font-family: Georgia,serif; font-size: 110%;">Meeting current econmony needs while ensuring the preservations of the environment and the conservation of the resouces for the future generations.

This means to use our resources with out destroying the environment and without using at an acess so future generations can also use those rescourses. The movie WALL-E is a good example of what will happen if we do not attempt these goals. In the movie, the earth was in a state where it was impossable for plants to live on, and humans to live on too, so humans had to live elsewhere. The earth was a pile a trash. //That is why we must conserve what we have for future generations// and also keep our earth greener for the better. (Grieb) <span style="background-attachment: initial; background-clip: initial; background-color: initial; background-image: none; background-origin: initial; color: #0645ad; font-family: sans-serif; font-size: 12px; line-height: 17px; text-decoration: none;">

<span style="background-color: transparent; color: #000000; font-family: Arial; font-size: 14pt; font-style: normal; font-weight: normal; text-decoration: none; vertical-align: baseline; white-space: pre-wrap;"> <span style="font-family: arial,helvetica,sans-serif; font-size: 13px; line-height: 19px; white-space: normal;"> Works Cited Hoekman, Bernard, et. al. “Transfer of Technology to Developing Countries: Unilateral and Multilateral Policy Options. __Maskus__ (2001) 34. May 11, 2011. [] Beck, Roger, et. al. __Modern World History: Patterns of Interaction.__ McDougal Littell, 2005. "Globalization." //Current Issues//: //Macmillian Social Science Library//. Detroit: Gale, 2010. //Gale Opposing Viewpoints In Context//. Web. 12 May 2011 Suter, Keith. __Globalization.__ London: Hodder Education, 2006. “Globalization Encyclopedia of Trade, Labor and Politics.” Volume 2. Ashin Vaidya, Editor. Grieb, K. J. "developing countries." In Pubantz, Jerry, and John Allphin Moore Jr.//Encyclopedia of the United Nations//, Second Edition. New York: Facts On File, Inc., 2008. //Modern World History Online//. Facts On File, Inc. [] ItemID=WE53&iPin=EUNN0118&SingleRecord=True (accessed May 13, 2011).