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Globalization vocabulary

Published on Nov 18, 2015

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PRESENTATION OUTLINE

Globalization vocabulary

Joshua Aydil

Globalization

The development of our increasingly connected global community

Columbian EXCHANGE (from christopher columbus)

The widespread exchange of animals, plants, culture, disease and ideas

Silk Road

A 4000 mile long network of roads that connected Europe to India and China

Alexander the great

Created a Greek empire that went through North Africa, Europe and Asia

colonization

Come along to settle and establish political control over
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industrial revolution

 The transition to new manufacturing processes

Global economy

Refers to the economy, based on all economies in the world
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Export

A good or product that is sent to another country for sale
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Import

a good or product that is brought into a country for sale
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standard of living

refers to the level of wealth, comfort, material goods and necessities available
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Outsourcing

The process of moving jobs to developing countries to lower cost

Corporations

A company or group
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