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Chapter 36 (p. 1068-1099)
Global Economic Development
In the postwar era, the expansion of the
world’s economies led to an increase in
production of goods and services so that
many nations benefited.
Manufacturing moves from developed
nations to emerging nations.
Global Economy
Global Economy: includes all the financial
interactions that cross international
borders
Global Economy
Multinational Corporations
 Companies that operate in a number of
different countries
 Exxon Mobile, Ford, BP, Toyota
 View the whole world as a market for their
goods
Global Economy
Free Trade: elimination of trade barriers
(ex: tariffs) among nations
 Regional trade blocs- EU, NAFTA
Impact of the Global Economy
Political
Environmental


Need for oil = conflict


Global Warming
Large-scale soil erosion
Habitat destruction
Global Security
Peacekeeping Activities:
 UN Peacekeeping Forces
○ Made up of soldiers from different nations
○ Work to carry out peace agreements, monitor
cease-fires, or put an end to fighting and allow
for negotiations
Global Security
Weapons of Mass Destruction:
 Nonproliferation- stop spread of weapons
 Various treaties to stop production and/or
destroy stockpiles
 Some nations continue to pursue
development of WMDs
 Is this a problem that can be solved?
Global Security
Ethnic and Religious Conflicts:
 Protestants and Catholics in Ireland
 Palestinians and Israelis in the Middle East
 Serbs, Bosnians, and Croats in
Southeastern Europe
Global Security
Human Rights:
 Universal Declaration of Human Rights- UN
issued (1948), sets human rights standards
for all nations
 Violations occur all around the world
Global Security
Health Issues:
 Diseases of poverty persist (Cholera,
Malaria)
 Epidemics occur with some regularity (Flu
Epidemic, AIDS, Ebola)
Global Security
Terrorism: the use of violence against
people or property to force changes in
societies or governments
 Modern terrorism has become increasingly
destructive and high-profile
 Nations respond aggressively
Global Culture
21st century technologies allow for
widespread cultural diffusion
 Popular Culture- cultural elements that
reflect a group’s common background and
changing interests
○ Music
○ Sports
○ Movies
○ Clothing fashions
○ Foods
○ Hobbies and leisure activities