What is Globalisation (BE) / Globalization (AE)?: Some ideas….. Find the correct definitions for the different terms! 1. westernisation (BE) westernization (AE) 2. transnational corporation 3. sociocultural relations 4. phenomenon (pl: -ena) 5. multiculturalism 6. convergence 7. interdependence 8. monoculture a. approach towards definite point, view, opinion, b. people of several different ethnicities c. connections concerning arts, manners, lifestyle d. an appearance e. business functioning in a global marketplace f. a system with very low diversity g. assimilation of Western culture h. mutual dealings, relations, connections Key: 1g, 2e, 3c, 4d, 5b, 6a, 7h, 8f Economic globalisation – Collocations trade singular! domestic vs. international Competitive: competition (n), to compete against/with sb. cross border trade, trade relation trade barrier: policy or regulation that restricts international trade income singular! antonym: expenditure phrases: per capita income/income per head, a source of income income from tourism Coll.: to redistribute, to boost / to increase; income tax, income gap market poor/booming/growing/free / thriving (grow vigorously) market market price: a price at which sth. is offered for sale to the public to come on the market market value: the price at which sth. would be sold if offered publicly to put sth. on the market to be in the market for sth.: to be interested in buying sth. to market (verb): to merchandise, to deal in Idiom: to spot a gap in the market Exercises: 1. 2. 3. 4. 5. He _______________________ the market and made a fortune. We______________ these computers worldwide. Miners sell the diamond to the merchant to a price below its current market________. The leaders agreed that breaking down trade _______________ would foster growth. The country’s major _________________ is agriculture. Key: 1. spotted a gap in 2. market 3. value 4. trade barriers 5. source of income Syn.:(de-)priviation, destitution – without money or friends, indigence, pauperism Coll:abject/grinding/ extreme poverty Idioms: a poor man’s sth sth that is not as good as sth. else; poor as church mice; dirt-poor – very poor poverty line To live below the poverty line poverty Singular! Adv.: poor Adv: poor (inf.), poorly (formal) prosperity Verb: to impoverish Syn.: to deprive Verb: to prosper Syn. to be successfull, to thrive (antonym, noun) Sing.! Syn.: deficient in, povertystricken, penniless, indigent, underprivileged Adj: prosperous Adv: prosperously Syn: rich, thriving Idioms „rich“: strike it rich – to become suddenly rich; be as rich as they come – to be very rich; filthy rich (inf.) – very rich Slogan: Think globally act locally!! => Think of the global situation and do something about it at a local level Syn.: the whole world, universe, terrene Syn.: world-wide, universal, extensive globe (noun) Adj.: global Coll.: to span the globe – to spread all over the globe, all parts/every corner of the globe, globetrotter, global player – a company that works on international scale, global village, global domination Coll.: global economy, global market, globalisation, global warming,…. Exercises: 1. Synonyms for being very rich 2. Synonyms for awful poverty 3. Form a sentence that includes the phrase “a poor man’s......” 4. Due to _____________ many environmental catastrophes are predicted. 5. Expression for global connection due to trade, communication, travel: ________ Key: 3. A plastic bag is a poor man’s suitcase (caution: very derogatory!) 4. global warming 5. global village