Theme 4 Introduction
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Theme 4: Introduction
Theme 4: Introduction
The Global Economy
Before you begin this theme, think about this:
Remember that globalization has its roots in economics. Much global expansion is motivated by money. For example, you have learned that Europeans first came to claim Canadian land because their governments wanted control of the natural resources (fish, furs, and timber) found here. There was money to be made by Europeans, so they built companies to organize the new industries.
As you work through the lessons in this theme, you will learn how we continue to be affected by the economic effects of globalization.
In this theme, you will learn about the basics of economics: about goods and services and supply and demand. You will learn about trade and explore what products Canada exports and imports. You will learn about the impacts of trade on our country, on other places in the world, and on people and the land. You will learn about why companies become multinational corporations and how this affects you as a consumer. To end this theme, you will explore the concepts of wealth and poverty.
Source: Pixabay.com