The Modern World Globalization Acronyms • World Trade Organization (WTO): an international organization created to supervise international trade and support free trade • The European Union: an economic and political union of 27 member countries in Europe dedicated to regional integration • Organization of Petroleum Exporting Countries: An organization that works to protect the interests of member countries that produce oil – Example: controlling oil prices to make more $$$ • North American Free Trade Agreement (NAFTA): eliminated tariffs and trade restrictions between Canada, the U.S. and Mexico • the International Monetary Fund (IMF): an organization that offers emergency loans to countries in financial crisis • United Nations (UN): an international organization dedicated to keeping the peace and preventing human rights violations • the World Bank: an organization that offers loans to developing countries for large government projects • NATO: A mutual defense organization created to protect member states from aggression Developed vs. Developing Nations • A developed nation is a: nation with the industrialization, transportation, and business facilities for the advanced production of manufactured goods • A developing nation is a: nation that is in the process of becoming industrialized Developed nations Developing nations Primary Location: The “Western” World Economic conditions: More prosperity, less poverty More literate, access to health care parts of Asia, Africa, and South America LOTS of poverty Social Conditions: Population size and rate of growth: Constantly growing Less literate, often no or very little access to healthcare Not growing By the end of this century knowledge workers [people whose jobs focus on working with information] will amount to a third or more of the work force in the United States. …The majority of knowledge workers will be paid at least as well as blue-collar workers ever were, or better. And the new jobs offer much greater opportunities…The new jobs…require a habit of continuous learning. PETER DRUCKER, Managing a Time of Great change Economic development and rapid population growth have an impact on the environment and society in today’s world. • The economic development and population explosion affects the Environment through: – Increased pollution – Loss of animal habitats – Global climate change (global warming!) • The rapid growth of the population affects Society by increasing: – – – – – Poverty Poor health Illiteracy Famine Migration (the movement of people from one place to another A stable economy contributes to a stable democracy, and political freedom helps to increase economic development. • How? – Free market economies produce rising standards of living and an expanding middle class, which produces growing demands for political freedoms and individual rights. – Examples: Taiwan and South Korea. • BUT—Every nation, no matter if they’re developed or developing, depends on each other for their raw materials, markets, and financial resources (banks and loans)—this forms a GLOBAL ECONOMY Economic Interdependence between Countries • Fast transportation, communication, and computer networks help keep people in different countries connected. • Multinational corporations (companies that operate in many different countries) have helped by building factories in many different locations. They see the whole world as a market for their goods. – because of this, in the global economy its as if national boundaries do not exist Challenges faced by both developed and developing nations because of their differences: • Migrations of refugees (people seeking safety from war or persecution in another nation) and others – Refugees can be an issue in international conflicts – Migrations of “guest workers” to European cities • Ethnic and religious conflicts today are found in: – The Middle East, Northern Ireland, the Balkans, the Horn of Africa, and South Asia • Impact of new technologies – Widespread but unequal access to computers and instantaneous communications leads to unrest – Genetic engineering and bioethics make people question the right or wrong of science • Example: Cloning—right or wrong? • Genetic engineering – introduce new genes into an organism to give it new traits • Cloning – creation of identical copies of DNA. Terrorism • Some people deal with the inequality through use of violence • Terrorism: the use of violence and threats to intimidate and coerce for political reasons – Major causes: political extremism, religious extremism Foreign and Domestic • Examples: – Munich Olympics – Terrorist attacks in the United States (9/11/2001) • motivated by extremism on the part of Al-Qaeda and its leader, Osama bin Laden. – Car bombings – Suicide bombers – Airline hijackers Munich & Atlanta Olympics • Munich – 1972 Summer Olympics – Palestinian group captured 11 members of the Israeli Olympic Team – held hostage and eventually killed • Atlanta – July 27, 1996 – Bombs went off – 2 died, 110 injured September 11, 2001 • Four planes hijacked – Two hit the Twin Towers in New York • Both towers collapse – One hit the Pentagon – One crashed in Pennsylvania • Worst and deadliest attack on American soil Boston Marathon Attacks • 4/15/13 • Two bombs exploded within 12 seconds of each other near the finish line • 3 died, 180 injured WACO • Began Feb 28, 1993 OKLAHOMA CITY BOMBING – ATF went to search • April 19, 1995 compound • Domestic terrorism occupied by the Branch Davidians – Gun battle erupts – Standoff for 50 days – Timothy McVeigh – Angry about Federal government’s handling of WACO • Siege ends on April • Federal Building 19, 1993 (Murrah) blown up • 76 people died • 168 died, 680 injured Acts of Violence • Columbine (4/20/99) – Two students entered high school with guns and killed 12 – Both committed suicide – Worst school shooting in the USA (now 2nd) • VA Tech Shooting (4/16/07) – Lone gunman killed 32 – Worst school shooting in the USA • Sandy Hook Elementary Shooting (12/14/12) – Lone gunman enters school and killed 26 • DMV Sniper (October 2002) – Two gunmen terrorized area by killing 10 and critically injuring 3 • Aurora Theater Shooting (7/20/12) – Lone gunman enters theater and killed 12 and injured 58 – Trial ongoing • Sikh Temple Shooting (8/5/12) – Lone gunman enters temple and killed 6 and wounded 4 more Government Response to Terrorism – Surveillance increased and privacy rights decreased – Security at ports and airports increased – Identification badges and photos required – Patriot Act is a law that was passed by Congress in 2002 and signed by George W. Bush. This allowed law enforcement great freedom in researching suspected terrorist (foreign or domestic)