Unit 3. Globalization

Start up

Exercise 1. Look at the pictures. What is globalization for all these people?

A.	B.
C.	D.
E.	F.

Exercise 2. Is globalization a positive or negative phenomenon? Make a list of positive and negative effects of globalization. Discuss in a class.

Vocabulary

Exercise 1. Fill in the gaps using the word below.

globalization	market	technological advances	inequality
stagnates	competition	poverty	integrate

1. Most of the innovations from the __________ have very important effects on the lives of peoples of the world.

2. _________ is a process of global economical, political and cultural integration.

3. It is a difficult task for poor countries to reduce ___________ without rich countries' supports.

4. The result of globalization is a new commercial reality – the emergence of global ____________ for standardized consumer products.

5. Nations are going to have a major problem if economic growth ___________.

6. ____________is the most serious problem facing the world.

7. Countries that __________ globally without first strengthening domestic institutions run the risk of hurting the rest of the country.

8. Many people work well under __________. Others find it stressful and even debilitating.

Exercise 2. Match a word in A with a word in B.

A		B
1	globalization	a	unfriendliness or opposition
2	trade	b	cease developing; become inactive
3	hostility	c	resulting in good
4	inequality	d	high technologies
5	stagnate	e	difference in size, degree, circumstances, etc.; lack of equality
6	technological advances	f	the tendency for the world econоmу to work as оnе unit, led by large international companies doing business all оvеr the world
7	exchange	g	combine one thing with another to form a whole
8	beneficial	h	the action of buying and selling goods and services
9	integrate	i	the activity of striving to win something by establishing superiority over others
10	competition	j	give something and receive something of the same kind in return

Reading and translation

Exercise 1. Read the text and answer the questions:

1) What are the reasons for different points of view on globalization?

2) What are the opportunities of globalization for developing and advanced countries?

3) What is the history of the term “globalization”?

4) What are the meanings of this term?

5) What are major characteristic features of globalization?