4.2 The world economy part 1/2

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• Middelbare school
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• Leerjaar 3

4.2 The world economy 1/2

Program:

     - Pictures 

     - Lesson goals 

     - The world economy 

     - Assignments 

     - Closing 

The rise of the world trade 

People want new 

and exotic products.

- Take it 

- Make it 

- Trade it 

Which items are not locally (Netherlands) produced?

Each country has its own task 

International division of tasks 

Originated in the colonial era:

Colonies: Raw materials and food 

Colonial power: Industrial products 

Each country has its own task 

Modern age:

Core countries: Services 

Developing countries: Industrial products, food and raw materials 

World economy

Apple company 

Headquarters: USA

Raw materials: Africa 

(lowest price)

Production: China 

(Foxcon)

In what negative way is the growing world economy affecting local markets?

What is a positive consequence of the growing world market for consumers?

Protection of the home market 

-Protect national market from cheaper foreign manufacturers 

-Import levies 

-Protectionism 

Fair worldwide trade or protect your own market?

Worldwide trade

Protectionism

Closing

Next lesson: WTO - MNO - Global shift - Triad 

Homework: MS-teams 1 - 3 

Key-terms: World trade - International division of tasks - Protectionism - Import levies.