PELICANO, KIMBERLY S.

BSED- SCIENCE 2B

LESSON 2
1. Narrate the global experiences of Gioin Sydney and Australia.
An internship in Sydney through Global experiences is guaranteed to be an experience
unlike any other. Sydney is a city with a booming tourism industry and plenty to explore
making it perfect for any traveller or intern. As Australia’s financial and economic
centre Sydney has plenty of great full-time internship opportunities. Some of our most
popular placement fields include business, real estate, arts, banking, education, politics
and law.

With over 300 days of sunshine each year and many iconic landmarks to visit, including
the Sydney Opera and Great Barrier Reef, there will always be something new to
experience during your internship. Sydney is considered one of the most pleasant and
livable cities in the entire world; with Global Experiences, you’ll have everything you
need to have a life-changing and work experience in Interning in Australia.
2. Describe the technological cultural and historical influences mentioned in history.

There has always been connection between technology and culture. From the invention
of the wheel to the developmental of smartphones, technology influenced human culture
has influenced the evolution of technology. Australia and its cultural and creative
industries. In many ways, it is thanks to digital technologies that Australians have been
able to continue and create and contribute to the narrative of the nations culture.

LESSON 3: THE GLOBAL ECONOMY

ACTIVITY 1: Match Me!

1. C
2. B
3. A
4. E
5. D

ACTIVITY 2: Follow the Product

1. Cosmetic and beauty products

2. CHANEL
3. Italy, Spain and France
4. Chanel mission statement maintains the legacy of the Chanel brand while successfully
moving it into the future: "To be the Ultimate House of Luxury, defining style and
creating desire, now and forever."

CHANEL is dedicated to ultimate luxury and to the highest level of craftsmanship.

Chanel created its unique fashion identity and keep attaining the absolute modernity by
following the avant-garde artistic work.

ACTIVITY 4: Identification

1. Silk road
2. Manila Galleons
3. Gold Standard
4. Mercantilism
5. Great Depression
6. Fiat Money
7. John Maynard Keynes
8. International Financial Institutions
9. International Monetary Fund
10. General Agreement on Tariffs and Trade
11. Stagflation
12. Strategic Plan

1. TRUE
2. TRUE
3. TRUE
4. TRUE
5. TRUE
6. TRUE
7. TRUE
8. TRUE

What is Economic Globalization?

Economic globalization refers to the increasing interdependence of world economies as a result
of the growing scale of cross-border trade of commodities and services, flow of international
capital and wide and rapid spread of technologies.

ACTIVITY 5: Let’s discuss!

1. Do you think Philippines is harmed as other countries transfer their activities to us

through outsourcing?

No. In fact, the Philippines benefits from it. When a certain company in other countries involves
itself in an outsourcing. Normally it brings harm locally than any other countries outside.

2. Compare and Contrast the assumptions of the Bretton Wood System with those of
the Washington consensus?

The Bretton Wood System is a system that created a framework of norms, rules and
understanding to counter World War II economic instability (depression, unemployment,
protectionism and eventually facism). The whole point of the system is to avoid returning to the
economic instability in 1930s.
The Washington Consensus - describes all the policies that the international institutions based in
Washington, IMF, World Bank, etc.
LESSON 4: MARKET INTEGRATION AND THE GLOBAL INTERSTATE SYSTEM
ACTIVITY 1: Global Economic Institutions

 How does this institution influence global economic activity?

“Institutions are the rules of the game in a society.” They structure incentives in human
exchange, whether political, social or economic”. Institutions comprise for example contracts
and contract enforcement, protection of property rights, the rule of law, government
bureaucracies, and financial markets

ACTIVITY 2: What do you think?

Nowadays, there is a legal requirement that a certain percentage of their profits should be given
back to society through corporate social responsibility. It is therefore not objective to make a
conclusion that corporations are ruthless and will make their income and walk out, not caring
about their repercussions to the general society.

ACTIVITY 4: Quiz

1. D
2. C
3. A
4. C
5. B
6. B
7. B
8. A
9. C
10. A

“Differentiate Internationalism from Globalism”

INTERNATIONALISM means having a favourable relationship with other nations and the
people within. This is done through processes that involve an exchange of cultures. It is more
concerned with the collaboration that occurs between territories and its direction towards a
goal. Because it is the different governments that seek cooperation through this process,
Internationalism has to do more with politics than anything else.
GLOBALISM is the cooperation between individuals and businesses for financial gain.
Government involvement is rarely seen, but it does facilitate and enforce regulations. Today’s
technology has made this possible. Everything is sold on the internet today. This has given rise
to many shipping companies eager to get your products quicker than the competition. Trade
events are done weekly around the world in different industries represented. Globalism is
international trade.
INTERNATIONALISM and GLOBALISM are similar in its goal to become borderless in both
POLITICS and TRADE.

ACTIVITY 5: Let’s discuss!

1. Identify the attributes of global corporations.

Global corporations are typically large, multinational companies that have a great amount of
control over the world. These organizations have the ability to make decisions about what
happens in our society and economy. They can be thought of as existing separate from the rest of
society, since they don't necessarily answer to anyone but themselves. There is no one person or
group who has ultimate control over them.

These organizations are motivated to make profit, since that is what they exist for. They have a
natural tendency towards expansion and growth.

2. What is necessary for International Order?

No one among the most powerful nations will ever choose to truly respect another country’s
sovereignty, especially the small ones. So, what is necessary for the developmental of an
International Order is respect between nations, which is nice to hear but is really
unachievable.
 LESSON 5: CONTEMPORARY GLOBAL GOVERNANCE

Activity 2: Quiz

1. 6

2. True

3. General Assembly

4. Keep peace, develop relations, improve the life of the world’s poor centre for harmony.
5. Peace keeping

ACTIVITY 4: One More Try

1. D

2. A

3. A

4. B

5. E

6. A

7. B

8-15 “Global Governance “

Is a system in which the people of the world, all human beings, are directly and democratically
in control of their own local economies and politics. It is a movement towards political
corporation among transitional actors, aimed for negotiating responses to problems that affect
more than one state or region.
Global Governance covers, numerous worldwide areas of governance, including security,
justice, human rights, developments, trade and finance. Therefore, it is considered multi-faceled.
The UN is the leading institutions for global governance. The other organizations involved in the
global governance such as IMF and World Bank, holding influence and operates independently
than a state.
Activity 5: Let’s Discuss

1. Why is Global Governance multi- faceled?

Because it encompasses several global areas of governance including security, justice,

human rights, development, trade, and finance.

2. How do International Organizations take on “Lives of their own”?

They usually start as small, grass roots organizations with a cause or idea that appears
to a core group of people. Eventually, the idea or need spreads to a wider audience
locally the regionally. This can actually come without notice or it can come with intent.
In time, the organization will morph into something much larger than it ever was and in
many cases, ever intended to.

3. What are challenges faced by the United Nations in maintaining Global Security?

Threats to peace and security, from poverty, disease and environmental breakdown (the
threats to human security identified in the millennium development goals) threats from
conflict between states threats from violence and massive human rights violations within
states, and threats from terrorism.