Name ________________________ Class ____________________
Date _________
American Issues Journal
Global Interdependence
Essential Question: Is global interdependence good for the American
economy?
1944
World Bank
World Bank and
International Money Fund
1500s
Columbian Exchange
Exchange of products and
ideas between hemispheres
1500
1820
1860
1900
2000s
Globalization
Debated
Benefits and
drawbacks
1940
1980
2020
1990s
World Trade Increases
NAFTA and World
Trade Organization
1812
War of 1812
U.S. goes to war to protect
trade rights
I. WARMUP
As nations have traded with one another over the centuries, they have become
interdependent. Today, the United States economy depends on trade with countries
around the world. The timeline on this page shows some key events in the development
of this interdependence.
Global interdependence affects all Americans. For example, it affects the availability of
products, prices of goods, costs of doing business, and the outsourcing of jobs.
1. How does this interdependence affect you? Fill in the concept web to show some of
the products on which you depend in your daily life.
I need
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277
Name ________________________ Class ____________________
Date _________
American Issues Journal
Global Interdependence (continued)
2. a. Which products on your list were produced in another country?
b. Which products were produced in the United States?
Foreign Goods
U.S. Goods
3. How might global interdependence affect stores and restaurants in your community?
II. EXPLORATION
Now that you have explored the way global interdependence affects your life, consider
the way global interdependence affects the nation.
A. World Trade Increases
In the chapter “Into a New Century” about the twenty-first century, you learned how
technology has helped shape globalization.
What are three advantages of globalization? What are three disadvantages?
Advantages
Disadvantages
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•
•
•
•
•
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278
Name ________________________ Class ____________________
Date _________
American Issues Journal
Global Interdependence (continued)
B. Find Out
1. Read the section about NAFTA in the chapter “Into a New Century.” What is
NAFTA?
2. Why was NAFTA created?
3. What does the term outsourcing mean?
4. Who would most likely support outsourcing?
5. Who would most likely oppose it?
C. What do you think?
Does NAFTA contribute to globalization? Explain.
You may wish to explore this issue further online. Go to:
Internet Research Activity
Transfer Your Knowledge
For: WebQuest Web Code: neh-6102
III. ESSAY
Bring together what you have read in your textbook with the information you have
gathered online about this American issue. On a separate sheet of paper, answer the
essential question: Is global interdependence good for the American economy?
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279