Intro Global Economy

Global Economy

Chapter 1 Intro

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Global Economy

Chapter 1 Intro

Slide 1 - Diapositive

What to expect?

Chapter 1 Intro

1.2 Is the economic global situation shifting?
1.3 Development of the trade flows
1.4 Development at different speeds
1.7 Winners and losers

1.9 Winners and losers in Europe

Slide 2 - Diapositive

Global Economy

Slide 3 - Carte mentale

Global Shift

Slide 4 - Carte mentale

Recap:

Why is the global economy changing?

Slide 5 - Diapositive

The global economy is now different because of:

1. MNCs

2. Open borders

3. The world is shrinking

Slide 6 - Diapositive

Dutch MNC's

Brands Unilever

Slide 7 - Diapositive

Would the MNC's rather move to the Semi-Periphery or Periphery?

Slide 8 - Diapositive

MNC's

MNCs are moving to low-wage countries.

Important: work, knowledge and money.

As a result, the economic center of gravity is slowly moving towards China.

Slide 9 - Diapositive

Why here?

Multinational corporation (MNC)

Core

Semi- periphery

Assembling products

Design

Making parts

improving techniques

Slide 10 - Diapositive

2. Open Borders

E.g. European Union: free movement of people and goods

Slide 11 - Diapositive

3. The world is "Shrinking"

Slide 12 - Diapositive

In which three groups can we divide the world into?

Slide 13 - Diapositive

core, semi-periphery and periphery

Slide 14 - Diapositive

What are the characteristics?

Slide 15 - Diapositive

Primary sector

Primary sector: Work that focuses on growing products

Agriculture: keeping animals or growing crops for human use

Agriculture
Cattle breeding
Horticulture, gardening

Slide 16 - Diapositive

Secundary sector

Secondary sector = industrial sector

Raw materials are processed into a product

(or semi-finished product)

Slide 17 - Diapositive

Tertiairy sector

Companies engaged in the provision of services -> service sector

For example, serving in the hospitality industry

Slide 18 - Diapositive

Quaternary sector

non-profit service companies
schools, hospitals, fire brigade, defense

Slide 19 - Diapositive

What is the secundary sector?

Industry

Service

Agriculture

Commercial service

Slide 20 - Quiz

Which profession belongs with the quaternary sector?

Dairy farmer

Train operator

Geography teacher

Welder in steel factory

Slide 21 - Quiz

Which sector does this pig farmer belong to?

Primary

Secundary

Tertiairy

Quaternary

Slide 22 - Quiz

Primaire sector

Secundaire sector

Tertiaire sector

Slide 23 - Question de remorquage

Angola Model

Slide 24 - Diapositive

Slide 25 - Diapositive

Slide 26 - Vidéo