Economic Globalization Assignment

Use the graph and the drop-down menus to complete the statements. The GDP of the United States in 2010 was about____ The United States is a _____ country The GDP of the United States is ________most other countries in the world

$14.6 trillion . Developed country much higher than

Use the bar graph and the drop-down menus to answer the questions. According to the graph, what percentage of GDP was earned in trade in 1990? From 1990 to 2010, the percentage of GDP earned from trade

A B

Which statement is supported by information in the graph?

A) Trade between nations increased between 1980 and 2011

Why does high population growth cause problems in countries with low economic growth? Select all that apply.

A,B,D,E

Which statement is supported by information in the charts? Select all that apply.

A,B,E

A global economic recession, or decline, affected nations across the world in 2008. What happened to the price of oil during this time period?

B

A recession occurs when economic production and growth decline over a period of time. According to the graph, when did the United States experience a recession?

D

Write a paragraph explaining how globalization has affected nations around the world. Use details from the lesson to support your answer.

Globalization has led to interdependence of world economies. Many nations have formed trade alliances or trade blocs to help their economies grow. As a result, trade has increased for all nations. Giant producing nations, such as the United States, are now contributing a smaller percentage of world GDP as other nations' production has increased.