IB Outcome: Examine the importance of loans, debt repayment, development aid, remittances, foreign direct investment and repatriation of profits in the transfer of capital between the developed core areas and the peripheries.
Discuss the statement, using your knowledge from unit 2, Disparities in Wealth and Development and Optional Theme F: The Geography of Food and Health
Explain the 3 ways that natural resources can be valued. (How van you measure it’s worth?) Explain why we fail to account for many the oceans values Explain the problems that we cause by failing to accurately account for the ocean’s value
Grade 8, work on your Globalization Product Placement. Remember to clearly explain how you have considered both cultures in your new product. Explain how your choices take into account specific cultural traits.
Grade 9: Work on your Social History project. You should have your three sources by now. Start researching your topic in depth in order to created good, thought provoking questions for your interview.
IB outcome: Examine the influence of governments, world trading organizations and financial institutions (such as the World Trade Organization, International Monetary Fund and World Bank) in the transfer of capital.
Research one of the following organization: WTO, IMF or World Bank and present the organization’s:
History: 1 paragraph
Official goal of the organization
Aid and loan statistics: How much do they loan and to which country?
Explain three benefits of their involvement on the world financial system
Explain three criticism of their involvement on the world financial system
IB expectation: Examine the role of oceans as a store and source of carbon dioxide (CO2).
Carbon is present in all living things and is in a state of dynamic equilibrium i.e. it is constantly the same level on Earth but always changing forms and location. It is an a state of constant flux. (Continuous change)
Comapanies, aware of the power and possible economic benefit of doing business globally, have tried to sell their products worldwide, with varying levels of success. They’ve realized that you can’t sell a product the same way in every country.
What factors may affect the way you sell a product in a different country?
Can you think of a product that you use that would not sell in another culture? Why?
How can a company adapt their product to other cultures?
Glocalization is the practice of conducting business according to both local and global considerations.
For the next projectm you will be asked to glocalize a product that is relevant in your culture.