1.1 Is the economic world view shifting? - part 2

1.1 Is the economic world view shifting? - part 2

Aims:

  • I know why the economic world view is changing.

  • I understand what globalisation is and how that's now reversing.

  • I could make a prediction about a multi-polar world in the future.

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1.1 Is the economic world view shifting? - part 2

Aims:

  • I know why the economic world view is changing.

  • I understand what globalisation is and how that's now reversing.

  • I could make a prediction about a multi-polar world in the future.

How many shipping containers travel the oceans each year?

A

2,500,000

B

25,000,000

C

250,000,000

D

2,500,000,000

What are the most shipped items?

Based on value.

1

Integrated circuits (microchips)

2

Medication

3

Gold

4

Crude oil (ruwe olie)

5

Phones

6

Cars

Have you heard of the World Trade Organisation?

1

Yes

2

No

3

Sort of

free trade

...believes in

...makes the rules for

...solves disagreements about...

The W.T.O....


What does Trump think of the WTO?

What are the advantages of reshoring?

What are the disadvantages of reshoring?

Over to you...

  • Read the theory for section 1.1 quietly (ask if you don't understand something).

  • Complete assignments 1.1

  • Map 252 in Bosatlas 56th

  • Complete for homework for next week.

  • Finished? Continue with 1.2 or do a different subject.