Content Specification - SS.10.9.b.1:
Students will compare and contrast arguments supporting and criticizing globalization by examining concerns including: * free market export‐oriented economies vs. localized sustainable activities * development of a mixed economy in China and its role in the global economy * multinational corporations and cartels (e.g., Organization of Petroleum Exporting Countries) * roles of World Trade Organization, World Bank, International Monetary Fund and microfinance institutions * economic growth and economic downturns (e.g., recession, depression) on a national and a global scale * economic development and inequality (e.g., access to water, food, education, health care, energy) * migration and labor * ethnic diversity vs. homogenization (e.g., shopping malls, fast food franchises, language, popular culture)