WVU GEOG 102 - Patterns found in Globalization, and Migration due to Free Trade in North America (4 pages)

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GEOG 102 1nd Edition Lecture 4 Outline of Last Lecture I North America Physical Patterns A Landforms B Climate II Human Environment Interactions Outline of Current Lecture III Global patterns and local lives associated with IV Economic Globalization V Free Trade NAFTA VI Migration from Middle and South America to North America Current Lecture Videos Welch was wealthy because of coal industry demand for coal declined production went down in coalmines Mining of coal required less human interaction Loss of money due to bank fraud Rural community of McDowell WV in jeopardy because coal mining coal mining was essential to the economy of the industry and the town Allow you to see how an area can develop and become successful Globalization Interregional linkage Connection between distant regions These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute Globalization Changes produced by interregional links Economics Migration Free Trade Free trade Unrestricted international exchange of goods services and capital Advocates Promote economic growth and competition Drives down prices Tariffs Taxes imposed on imported goods Import quotas set limits on amount of imported goods Open borders to free labor and migration Critics Increase class inequality Exploit lower labor and living standards abroad Bad conditions for migrant workers Asian Links to Globalization Trade between North America and Asia Imports from China Cheaper labor cost than Mexico Asian Investment in North America ex Japanese and Korean automotive plants in North America Economic Issues IT Outsourcing Jobs o Work is moved to lower cost zones outside North America o IT jobs outsourced to developing economies Globalization o Wealthy o Tech advanced o Influential in global economy o Government and major corporations support pro globalization of free trade NAFTA o 1989 US and Canada Free Trade Agreement Began reducing trade