Economic

z powers

MYP-3 by Orkhan Alakbarli

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Unit-Economic powers

 Time duration- September-October

 Key concept: Global interactions

 Related concept: Resources, Globalisation

 Global context: Globalization and sustainability

 SOI: Economic powers can take authority unless held in check by

good governance

 MYP subject group objectives: ACD

 ATL skill: Communication

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Content

 • Colonialism and Imperialism – Meaning and factors leading

to rise of colonialism

 • East India Company and establishment of the British Empire

 • Impact of Colonialism on the colonies (case studies of India,

America, Africa)- Social, political, economic and cultural

 • Can multinational companies be called economic powers?

 • Political power of multinational companies

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Modern map
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1900’s map
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1-Apple factory in China
2. Ralph Lauren’s leather supplier in Nigeria
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Activity

 Analayse those 2 pictures

 Think and state similarities

 How do you think why those companies have factories in China

and Nigeria?
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INSIDE APPLE FACTORY IN CHINA

 https://www.youtube.com/watch?v=_ES8x6_vxqc

 WATCH THE VIDEO IN THE GIVEN LINK

 ANSWER:
 TO WHAT EXTENT CHINA BENEFITS APPLE’S EXISTANCE IN THE
COUNTRY? (WRITE AT LEAST 250 WORDS)
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Imperialism and
colonialism

Imperialism/Colonialism: a policy of
conquering and ruling other lands

• It existed from the very beginning of

mankind’s history

• From 1870, the industrial powers carried out

an astonishing expansion, building up
worldwide empires
Imperialism and colonialism map
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Which motives caused imperialism?

Economic Motives

• Industrial nations needed

raw materials/ natural
resources

(Rubber from rainforests in

Central Africa)

• Markets to sell industrial

products (British India)

• Overseas investments
(constructing railways,
ports…)
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What do you see?

What do you think?
What do you want to explore?
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Multinational company

 An Enterprise operating in
several countries but managed
from one (home) country.
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Introduction to MNCs

Multinational company is made out of two words ‘multi’ and

‘national', which have home in one country but operate and live in
different which are operated or are under headquarters in the home

country.

Multinational corporation are called by different name such as

transnational corporation, global enterprise or international
enterprise country, means they have branches ,
factories ,workshop ,headquarter in different countries .
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Definitions of MNCs

A multinational corporation or multinational enterprise is a

corporation that is registered in more than one country or that has
operations in more than one country.

It is a large corporation which both produces and sells goods or

services in various countries.
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Examples of MNCs

 For example, coco cola origins in the united state, but a workers
drinks coke ‘made in Nepal’ to ques his thirst. Similarly, Nescafe
coffee is originally produced in Switzerland , but an American
family enjoys ‘Nescafe’ made in ‘USA’ every morning in the
Chicago.
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Think:

 To what extent Azerbaijan

benefits from multinational
companies in a country such as
BP (British Petroleum) or Coca-
Cola
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Characteristics of MNC’s
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Globalization

 https://www.youtube.com/watch?v=JJ0nFD19eT8&t=68s

 To what extent globalization is beneficial?

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Chocolate indurstry in Africa

 https://www.youtube.com/watch?v=eRc9hjejY0o&t=2099s

 How did you feel after watching the documentary?

 What were your thoughts about chocolate until documentary

and what is this now?
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Globalization posters

 Carefully observe the given posters

 Give a name for each poster and explain what do those names
mean.

 Explain which picture has less relation to globalization and why?

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Reglobalization

 https://www.weforum.org/videos/reglobalization-can-fix-supply-c
hain-issues-says-world-trade-organization-chief?_gl=1*ff8i98*_u
p*MQ..&gclid=CjwKCAjwwL6aBhBlEiwADycBILvKFf_zKYW4xM
gLJ8R9s3_UQJvH8WpMBc_P8BDRbQrzwLaCJPLEPxoCgfsQ
AvD_BwE