Chapter 6 & 7 Notes
Chapter 6: Cultural Contact
-To what extent does cultural contact affect people?
In the beginning (15th Century)... - Cultural contact between European explorers and Americans changed both cultures. -Indigenous people had different languages and governance, but all lived in harmony with nature. - Europeans competed for economic and military control. - Set out to spread Christian faith and European values. - European explores claimed un-known lands (monarch.)
Fur Trade… -Beothuk were not interested in fur trade. -English fur traders competed with Beothuk for fur and food. -Conflict began and English attacked. Beothuk numbers declined, and eventually became extinct.
Chapter 7: Historical Globalization & Imperialism
-To what extent should contemporary society respond to the legacies of historical globalization?
Early Globalization… -People wanted natural resources not found in their land, and developed international trade. - European government developed a system called “mechanism” (government sponsored international business ventures to make European monarchs rich. Sponsored countries with good natural resources.
Early Capitalism… -Economic system for increasing individuals wealth (free market/ competition) -Adam Smith- believed hardest working people would succeed, and society would better benefit as a whole, or more profit = richer (capitalism.) - Karl Marx- opposes “capitalism.”
Industrial Revolution ( 18th Century)… -European Countries were shifting production. - Industrial Revolution – Increasing manufacturing. - Cottage Industries- company supplies resources; workers make products in homes, finished products are then taken away to sell.
Imperialism & Globalization… -Imperialism- an association between people that intentionally benefit one person over another. - Eurocentric- strong belief Europe is the best
KEY Shelby Sissons
Market Economy, Freer Trade and Trade Blocs
Section 1: Multiple Choice /5
1) Who is the world leader for providing outsourcing services for Western companies?
a. India
b. China
c. United States
d. Japan
2) Which of the following is NOT a term of the GATT?
a. No country may be denied the right of free trade when said country applies.
b. Trade must be conducted in a non- discriminatory manner
c. Imported goods must be treated in the same manner as similar domestic goods
3) At the end of what war did Poland, East Germany and Russia embrace the Free Market Economy?
a. World War 2
b. Cold War
c. Korean War
4) In what year did Canada take a giant step towards Freer trade? And with whom?
a. 1995, with the Mexico
b. 1980, with China
c. 1989, With the United States
5) South American countries believe that by joining South American trading blocs they will …?
a. Grow and expand in population
b. Be bigger players on the global stage
c. Improve economic stability and increase investments
Section 2: Fill in the Blank /5
6) New technology decentralized international money markets and made the world seem smaller.
7) End of World War Two, 50 countries around the world created United Nations.
8) In South American trading blocs the richest 20% of the population owns over 60% of the wealth.
9) The main objective of MERCOSUR is to improve economies by opening , promoting development and the environment.
10) GATT stands for .
Section 3: True or False /6
Put “T” for true and “F” for false. If the statement is incorrect please provide the correct answer.
11) CAN is short for Canadian aspect of Nations.
12) Canada’s largest citizens organization is the COC.
13) During the Cold War there were three major Trading Blocs North America, Western Europe, and Japan.
14) In 2000 GATT had 100% of the world trade.
15) The combined population of the CAN trade bloc is 90 million.
16) The end of the Cold war was a driving force behind economic globalization.
Section 4: Matching /4
Match either 17, 18, 19 or 20 with the their correct definitions
17) Mutual Fund
18) Tariff
19) Common Market
20) International Money Markets
A. Markets in which funds that are loaned for a short time to businesses or governments are bought and sold.
B. Combines clients money and invests it in a collection of stocks, bonds, and other securities.
C. A tax imposed on imports to increase their price.
D. An agreement between or among countries that includes the free trade of goods and services.
Reflection
For this expectation I chose my chapter six and seven notes, which was a team assignment in the second mission, and my personal note taking assignment where you had to make a test from the third mission. i chose these to assignment because the textbook was the most effective way that I learned the effect of geography on globalization. I feel both these assignments display my knowledge and understanding because we had to go through and take the notes ourselves not just copy them from the board. Also the test making assignment further displays my understanding because after we took the notes we had to read over them and make questions for the test.
General Learner Outcomes- Understand the effect of policies and practices of post-colonial governments in Canada and the world
- Exhibit a global awareness with respect to the human condition
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