Global Trade
A product you use or consume
What is a good?
Countries becoming more connected and dependent on each other
What is Globalization?
Workplaces where employees work long hours in unsafe conditions for little pay
What is a sweatshop?
When resources are used in ways that meet todays demands but also ensure that the resources are available in the future
What is sustainable.
What is palm oil?
an oil that comes from oil palm trees
A system where people buy, sell and produce goods
What is the economy?
An example of globalization
answers with vary
A system that ensures farmers & other producers receive a fair price for their products
What is fair trade?
How does trade impact climate change?
What are the impacts of the Palm oil industry? List 2
-leads to deforestation, which has led to many animals being endangered
To bring in something from another country
What is import?
Another example of globalization
answers with vary
What is child labour?
when children are forced to work alongside adults
How can the production of oil extraction effect the environment? List 2 ways.
-oil spills can pollute the land and water
-extraction of oil uses a ton of water
When too many fish are caught and not enough are left to replace them
What is overfishing
The value of all the goods and services that are produced over a given period. It measures how well a country is doing.
What is the GDP?
List the pros of globalization
answers will vary
Why does child labour occur? List 3 reasons
-poor families need children to help provide for their families
-children can be paid less, which is cheaper for the employers
-children are taken from families and forced to work for free
Why is it important to shop more locally when possible?
Because it means the product hasn't travelled as far and has less impact on the environment
A huge ship that drag nets through the water
What is a trawler
This term means that countries can trade without taxes or restrictions
What is free trade?
List the cons of globalization
answers will vary
If something is NOT fair trade, what might that mean? List 3 things.
That workers aren't fairly paid, children may be working, working condition may be unsafe