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Warm-up:. Describe what you think the term “globalization” means. 21 st -Century United States. Globalization. America & The World. After WWII (1942), the U.S. became world superpower with Russia “New world order”—spread democracy
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Warm-up: • Describe what you think the term “globalization” means.
21st-Century United States Globalization
America & The World • After WWII (1942), the U.S. became world superpower with Russia • “New world order”—spread democracy • Critics on left charge that U.S. is using military “intervention” to advance economic interests • 1991 Gulf War & 2003 Iraq War • Critics on right charge that U.S. allowing itself to be swayed by interests of other nations • 1993 Somalia & 1993 Balkans (humanitarian) • Ceding sovereignty to international organizations
America & The World • Turn of 21st-Century view was interventionist • UN-United Nations • International organization but steered by US • WTO-World Trade Organization • Free-trade agreements • IMF-International Monetary Fund • Controls international credit and exchange rates • World Bank • Makes money available for development projects in many countries
Opposition to Globalization • Labor unions • Export of jobs • Other groups • Humanitarian—working conditions • New class of “slave laborers” • Environmentalists • Exporting industrial pollution & toxic waste
Other Nation’s Opposition • Resented way world economy left them in poverty—exploited & oppressed • Grievances concerning religion & culture • Stay away from Western ideas and ideals • U.S. constant intervention in Middle East since 1970s until today
Activity: • Tightly Wound