This document provides an overview and guiding questions for a social studies chapter about economic globalization. It includes key terms like EU, GDP per capita, and TNCs. It also lists multiple questions for students to respond to about charts and graphs in the chapter, including how globalization has impacted trade over time, reasons for protests against trade agreements, potential positive and negative impacts of increased trade on developing countries, and how technologies and containerization have enabled greater economic globalization.

1. Social 10-2 Text work Chapter 12
Key Question: To what extent does globalization contribute to sustainable
prosperity for all people?
Guiding Question: To what extent have developments since WWII influenced the
expansion of economic globalization?
Key Terms
- EU
- Euro
- TNC
- GDP per capita
- Subsidy
- APEC
- Containerization
- Subsidiary
- ICC
Chapter Responses:
a. Refer to the chart on pg 199. What does the chart suggest about economic
globalization from 1950-1970? Why was there a drastic increase in world trade
since 1970 to today?
b. Why were protestors involved in the FTAA Summits in Quebec City in 2001
and later Mar del Plata Argentina in 2005? What specifically do you think the
protestors want (what do they fear)?
c. Refer to the circle graph on pg 202 to answer the following. How might
increased trade help least developed countries? What might be some negative
impacts of increased trade for these countries?
d. Refer to pg 203, “Trade Issues Between Countries: Subsidies.” Describe how
agricultural subsidies can be seen as a benefit for all Canadians. Describe how
agricultural subsidies can be seen as a drawback for all Canadians.
e. How have changes in communications and technologies contributed to the
expansion of economic globalization?
f. How has containerization increased economic globalization (use figure 12-10,
pg 207 to help you with your answer)?
g. List 3 or more ways in which the development of TNC’s has aided the
economies of large “have” nations? List 3 or more ways in which the
development of TNC’s has harmed the economies of smaller “have-not” nations?