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Globalization Vocabulary

Published on Nov 18, 2015

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PRESENTATION OUTLINE

COLONIZATION

WHEN A COUNTRY RULES ANOTHER COUNTRY THAT IS NOT THEIR OWN.

CORPORATION

A BUSINESS, OR GROUP OF BUSINESS, THAT OFFER GOODS AND SERVICES.
Photo by monkeyc.net

ALEXANDER THE GREAT

A GREEK KING THAT RULED FROM 336-323 BC

EXPORT

A GOOD OR PRODUCT THAT IS SENT TO ANOTHER COUNTRY FOR SALE

GLOBAL ECONOMY

THE WORLD ECONOMY OR THE FACT THAT BUSINESS

GLOBALIZATION

THE DEVELOPMENT OF OUR INCREASINGLY CONNECTED GLOBAL COMMUNITY

IMPORT

A GOOD PRODUCT THAT IS BROUGHT INTO A COUNTRY FOR SALE
Photo by ecstaticist

OUTSOURCING

the process of moving jobs and factories to developing countries to lower COST
Photo by Rajiv Ashrafi

STANDARD OF LIVING

THE LEVEL OF COMFORT (KNOWING YOU HAVE ENOUGH OF WHAT YOU NEED)

THE COLUMBIAN EXCHANGE

THE EXCHANGE OF PLANTS, ANIMALS, AND IDEAS BETWEEN EUROPE AND THE AMERCIANS

THE INDUSTRIAL REVOLUTION

the transition to new manufacturing processes in the period from about 1760 to sometime between 1820 and 1840.

THE SILK ROAD

“4000 MILE LONG NETWORK OF ROADS THAT CONNECTED EUROPE TO INDIA AND CHINA, DASED BETWEEN 500 BCE AND 1500 CE”