World Issues Unit Three Review

Globalization and Social Change

Social Impacts of Fast Fashion

Worker exploitation, unsafe conditions, abuse, discrimination, global spread of western fashion reducing diversity

Ecological Impacts of Fast Fashion

Carbon emissions, large water consumption, releases microplastics, large amounts of waste, overuse of resources and land

Economic Globalization

Trade, investment, multinational companies, global supply chains

Cultural Globalization

Spread of ideas, media, food, language, brands, lifestyles

Political Globalization

International Agreements, diplomacy, international organizations, global activism

Technological Globalization

Internet, transport, communication, online businesses

Environmental Globalization

Shared challenges, international treaties and cooperation

CETA agreement

Reduces tariffs, boosts trade, open access to EU markets for Canadian businesses

India -Korea CEPA

Encourages cooperation and trade, reduces duties, encourages joint businesses, expands services

USMCA

Includes labour/environmental rules, facilitates trade in North America, covers digital trade

International Supply Chains

Global production spread across countries, network of production, transportation and distribution

E-Waste

Electronic waste from short product lifespans, toxic to the environment, created air and water pollution

Foreign Aid

Support from one country to another, can be good for economic growth, but bad as it causes dependency and corruption of funds

Quality of Life Indicators

Refers to people’s overall well-being, health, education, income, environment, and rights

GINI

Measures income inequality (Higher number means more inequality)