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Being part of
a Globalised
World
8 What does it Mean to
Live in a Globalised World?
Being Part of a
Globalised
World: Is it
Necessarily
Good?
Chapter 8:
What does it
Mean to Live
in a
Globalised
World
Chapter 9:
How Do We
Respond to
Tensions
Arising From
Some
Economic
Impacts of
Globalisation
Chapter 10:
How Do We
Respond to
Tensions
Arising From
Some
Cultural
Impacts of
Globalisation
Chapter 11:
How Do We
Respond to
Tensions
Arising From
Some
Security
Impacts of
Globalisation
Issue 3
Being part of a Globalised World
Quick Buzz
Where did these products originate from?
America
(Made in Asia)
America
(Assembled in China)
Thailand, Cambodia,
Laos, and Vietnam
Australia and NZ
(Made in China)
Although product labels usually state one country of origin,
the raw materials needed to produce them may not just be
from that country.
Motor Production Vehicles
(Units)
24,503,326
12,100,095
9,278,238
6,033,164
4,555,957
4,125,744
3,565,469
2,733,201
2,429,463
2,283,474
China
US
Japan
Germany
South Korea
India
Mexico
Spain
Brazil
Canada
Chapter 8:
What Does It Mean
To Live in a
Globalised World?
Definition
Driving Forces of
Globalisation
• Developments in Transport
• Growth of MNCs
• Advancements in Technology
Relationships between
countries create economic
interconnections.
These connections lead to
interdependent relationships
between suppliers, producers
and consumers.
Definition of
Globalisation
Globalisation is a process through which ideas and activities of
people in different parts of the world become interconnected.
How does the cartoon
reflects the nature of
globalisation?
Made In
China
Why did the American family featured, avoid
products that were made in China for a year?
•The American family stopped buying products made in
China for one year to see how Chinese products have
penetrated the American market.
What was the result of the experiment?
•There were some products which they found it hard to
replace such as their coffee maker as most of the coffee
makers were from China. US made products were also
much more expensive when compared to ‘Made in
China’ products.
How has exporting to America impacted the lives
of Chinese workers?
•It has improved the lives of Chinese workers as they now
enjoy higher wages and so can now enjoy a higher standard
of living.
What does the video illustrate about the
economies of countries?
•The economies of countries are very much interconnected
and interdependent. Businesses in China producing the
products sold in the USA benefit from a larger market share
and probably larger amount of profit.
Chapter 8:
What Does It Mean
To Live in a
Globalised World?
Definition
Driving Forces of
Globalisation
• Developments in Transport
• Growth of MNCs
• Advancements in Technology
The world has
“shrunk” in terms
of the time needed
to get from one
place to another.
Improvements in
the size and speed
of the different
modes of transport
Steam
locomotive
8 km/h
Japanese
bullet train
Shinkansen
320 km/h
This enabled more goods and
people to be carried per trip.
This also led to savings in cost.
It facilitates the process of
interconnectedness among
people.
Singapore’s
efficient and
integrated
transport system
facilities the
movement of
people and goods
Exchange of
ideas
between
countries.
Connecting
Singapore to the
World
Connecting
Singapore to
the World
In 2017, Terminal 4
In 2018, Jewel, a new retail-
cum-airport development
By 2018, a $323 million
refurbished Terminal 1
Work is expected to start on
the mega Terminal 5 in a few
years’ time
Airbus Jigsaw
Transport
Network
Chapter 8:
What Does It Mean
To Live in a
Globalised World?
Definition
Driving Forces of
Globalisation
• Developments in Transport
• Growth of MNCs
• Advancements in Technology
Definition of
Multinational
Corporations
Multinational Corporations (MNCs) are businesses with
economic activities in more than one country.
The global span of their
operations drives globalisation
as they increase the economic
interconnections between
people and goods.
GrowthofMNCs
Task
Choose an MNC for this task
and answer the following
questions:
What is the background of this MNC?
What kind of products does it have?
Where does it operate?
• Production?
• Raw materials?
• R&D?
How many employees?
What is the revenue of the MNC?
MNCs and
Singapore
Singapore is home to many MNCs,
which makes us a major site of
international business today.
BreadTalk Singapore
Airlines
Popular Ya Kun Kaya
Toast
MNCs and
Singapore
Foreign-owned MNCs have brought
many benefits to Singapore.
• Employment
• Higher wages
• New technology
• Exchange of ideas between
countries
Toyota Coca Cola
Cadbury Google
Chapter 8:
What Does It Mean
To Live in a
Globalised World?
Definition
Driving Forces of
Globalisation
• Developments in Transport
• Growth of MNCs
• Advancements in Technology
Technological
advancements have
resulted in greater
access to the internet
and the increasing use
of mobile
communications.
These facilitate
communication and
exchange of
information across
the world.
Identify these applications
How can they be used to
communicate and access
information?
Google Map Gmail Whatsapp
Youtube Skype Instagram
Evolution of mobile phone made it convenient for
people to communicate anytime and anywhere.
Reflection
What is
‘globalisation’?
What are the 3
forces of
globalisation?
What is an
example of
globalisation?
How does
globalisation
affect your life?
The
End
of Chapter 8

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Chapter 8 What Does It Mean to Live in a Globalised World

  • 1. Being part of a Globalised World 8 What does it Mean to Live in a Globalised World?
  • 2. Being Part of a Globalised World: Is it Necessarily Good? Chapter 8: What does it Mean to Live in a Globalised World Chapter 9: How Do We Respond to Tensions Arising From Some Economic Impacts of Globalisation Chapter 10: How Do We Respond to Tensions Arising From Some Cultural Impacts of Globalisation Chapter 11: How Do We Respond to Tensions Arising From Some Security Impacts of Globalisation Issue 3 Being part of a Globalised World
  • 3. Quick Buzz Where did these products originate from? America (Made in Asia) America (Assembled in China) Thailand, Cambodia, Laos, and Vietnam Australia and NZ (Made in China)
  • 4. Although product labels usually state one country of origin, the raw materials needed to produce them may not just be from that country.
  • 5.
  • 6.
  • 8. Chapter 8: What Does It Mean To Live in a Globalised World? Definition Driving Forces of Globalisation • Developments in Transport • Growth of MNCs • Advancements in Technology
  • 9. Relationships between countries create economic interconnections. These connections lead to interdependent relationships between suppliers, producers and consumers.
  • 10. Definition of Globalisation Globalisation is a process through which ideas and activities of people in different parts of the world become interconnected.
  • 11. How does the cartoon reflects the nature of globalisation?
  • 13. Why did the American family featured, avoid products that were made in China for a year? •The American family stopped buying products made in China for one year to see how Chinese products have penetrated the American market. What was the result of the experiment? •There were some products which they found it hard to replace such as their coffee maker as most of the coffee makers were from China. US made products were also much more expensive when compared to ‘Made in China’ products.
  • 14. How has exporting to America impacted the lives of Chinese workers? •It has improved the lives of Chinese workers as they now enjoy higher wages and so can now enjoy a higher standard of living. What does the video illustrate about the economies of countries? •The economies of countries are very much interconnected and interdependent. Businesses in China producing the products sold in the USA benefit from a larger market share and probably larger amount of profit.
  • 15. Chapter 8: What Does It Mean To Live in a Globalised World? Definition Driving Forces of Globalisation • Developments in Transport • Growth of MNCs • Advancements in Technology
  • 16. The world has “shrunk” in terms of the time needed to get from one place to another. Improvements in the size and speed of the different modes of transport
  • 18. This enabled more goods and people to be carried per trip. This also led to savings in cost. It facilitates the process of interconnectedness among people.
  • 19. Singapore’s efficient and integrated transport system facilities the movement of people and goods Exchange of ideas between countries.
  • 21. Connecting Singapore to the World In 2017, Terminal 4 In 2018, Jewel, a new retail- cum-airport development By 2018, a $323 million refurbished Terminal 1 Work is expected to start on the mega Terminal 5 in a few years’ time
  • 24. Chapter 8: What Does It Mean To Live in a Globalised World? Definition Driving Forces of Globalisation • Developments in Transport • Growth of MNCs • Advancements in Technology
  • 25. Definition of Multinational Corporations Multinational Corporations (MNCs) are businesses with economic activities in more than one country.
  • 26. The global span of their operations drives globalisation as they increase the economic interconnections between people and goods.
  • 27.
  • 29. Task Choose an MNC for this task and answer the following questions: What is the background of this MNC? What kind of products does it have? Where does it operate? • Production? • Raw materials? • R&D? How many employees? What is the revenue of the MNC?
  • 30. MNCs and Singapore Singapore is home to many MNCs, which makes us a major site of international business today. BreadTalk Singapore Airlines Popular Ya Kun Kaya Toast
  • 31. MNCs and Singapore Foreign-owned MNCs have brought many benefits to Singapore. • Employment • Higher wages • New technology • Exchange of ideas between countries Toyota Coca Cola Cadbury Google
  • 32. Chapter 8: What Does It Mean To Live in a Globalised World? Definition Driving Forces of Globalisation • Developments in Transport • Growth of MNCs • Advancements in Technology
  • 33. Technological advancements have resulted in greater access to the internet and the increasing use of mobile communications. These facilitate communication and exchange of information across the world.
  • 34. Identify these applications How can they be used to communicate and access information? Google Map Gmail Whatsapp Youtube Skype Instagram
  • 35. Evolution of mobile phone made it convenient for people to communicate anytime and anywhere.
  • 36. Reflection What is ‘globalisation’? What are the 3 forces of globalisation? What is an example of globalisation? How does globalisation affect your life?