Global opportunities 2

• Economie

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Chapter 4

Section 1:Global entrepreneurship

Pages 78-84

Objective

Identify the effect of globalization on the wages of people

Summarize the importance of global market

Discuss on the global opportunities in certain countries

Effects of Globalization

Increased Competition

Employment

Foreign Trade

Technical change

List the effects of globalization.

Find the annual yearly wages for workers in a country. Find the wages that are typically earned by workers in the United States. Create a chart that compares the wages and to calculate the difference in wages
in percentages

Which is the
growing source of products and services to the world.?

1. America
2. North Korea
3. Canada
4. Asia

https://study.com/academy/lesson/the-importance-of-the-global-market-and-global-trade.html

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How does the U.S. consumers benefit from importing?

1. Excise duties
2. They get variety of products and quality production
3. Tax Benefit
4. Customs duties

Based on the video give the importance of global market.

Impact of globalization on China, Japan and Latin America

The Chinese government has, however,
been making it easier for U.S. companies to do business in China.

 It was hard to sell products that were not Japanese. Many Japanese people hold their culture in high regard. Some Japanese consumers prefer not to be influenced by other 

countries.

Latin Americans tend to make buying decisions based on their

family’s needs rather than on one person’s individual needs. Because
of this, Latin Americans tend to choose products that will benefit  the whole family.

Latin America consists of the
countries

1. North Cnada
2. South Carrribean
3. China
4. North America, South America ,Central America and island of Carribean

Write down your ideas for
an ad campaign to market a
product in Latin America.
Select and research
a country, decide on the language or languages of the
ad, and decide on the content
of the ad.

Latin Americans tend to make buying decisions based on their
family’s needs rather than on one person’s individual needs.Why do they buy products that benefits the members of a family?

Give the main points of the lesson