this ppt shows how globalisation works and explain to students the definitions of globalisation

2. L e a r n i n g o b j e c t i v e s
S p e a k i n g a c t i v i t y
D e f i n i t i o n

3. learning objectives

5. D e f i n i t i o n

7. • Definition:
A. An economic phenomenon?
B. A social phenomenon?
C. A cultural phenomenon?
• The movement towards the expansion
of economic and social ties between
countries through the spread of
corporate institutions and the capitalist
philosophy that leads to the shrinking of
the world in economic terms.

8. Integration of Economies
• The increasing reliance of
economies on each other
• The opportunities to be able to buy
and sell in any country in the world
• The opportunities for labour and
capital to locate anywhere in the
world
• The growth of global markets in
finance

9. • Made possible by:
– Technology
– Communication networks
– Internet access
– Growth of economic cooperation – trading blocs (EU,
NAFTA(North American Free Trade Agreement）, etc.)
– Movement to free trade
Integration of Economies

10. s p e a k i n g a c t i v i t y

12. • Benefits ：
– Increased choice
– Greater potential for
growth
– Increase international
economies of scale
– Greater employment
opportunities
Trade has led to massive increases
in wealth for many countries.

13. • Disadvantages :
– Increase in gap between the
rich and the poor
– Dominance of global trade by
the rich, northern hemisphere
countries
– Lack of opportunities for the
poor to be able to have access
to markets
– Exploitation of workers and
growers
How far does trade help children like these?

14. Topic: The pros and cons of globalisation on Economy
Speaking activitity - “Topic Tennis”

15. Home tasks
• Research more information on globalisation.
Prepare for the class debate
• Review the textbook
• Finish the worksheet on globalisation