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Achievement Programs |
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Global
Marketplace ®
JA
Global Marketplace is designed to provide practical
information about the key aspects of the global
economy, what makes world trade work, and how
trade affects students daily lives.
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KEY
LEARNING OBJECTIVES |
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Activity
One: X Marks the Spot
Working
in groups to identify import items found
throughout the classroom, students begin
to recognize that trade with other countries
affects their daily lives. Students understand
that international trade occurs when nations
want or need resources or services from
other countries because they themselves
cannot satisfy those needs and wants at
reasonable costs.
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- define trade.
- explain why countries trade with one
another.
- list at least five products or items
imported from other countries and locate
those countries on a world map.
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Activity
Two: You Be the Judge
Students
learn that nations use several methods to
increase their trade benefits. Agreements
with one or more countries often are made
to facilitate trade and
avoid conflict.
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give examples of how pioneers or settlers
used their knowledge, skills, and experience
to acquire a homestead and produce food
for themselves and others.
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recognize the significant role agriculture
played in the economic development of
the United States during the 1800s.
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identify the risk factors as well as
the costs and benefits involved in making
a decision.
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Activity
Three: Lets Make a Deal
Students
work in groups to identify and understand
the business practices used in other countries.
Students discover that business practices
vary from country to country and that understanding
these practices can have a positive impact
on trade.
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Activity Four: People Power
Students
discover how the movement of people facilitates
international trade. They discuss examples
of immigration and, through creative activities,
gain insight into the lives of immigrants.
They learn that economic opportunity often
is the driving force behind immigration
and global trade.
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- list several basic modes of transportation
used in 19th-century America.
- identify the productive resourcesnatural,
human, and capitalthat influenced
the development of transportation during
the 19th century.
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Five: World of Words
Students
discover how advances in communication and
transportation have improved productivity
and facilitated world trade. From moveable
type to the Internet, students trace the
international flow of information and its
impact on world economies.
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- explain how methods of communication
developed in the 1800s helped expand commerce
in the United States.
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explain how the invention of the telegraph
expanded business opportunities across
America.
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Six: World of Money
To
participate in international trade, businesses
and individuals must be able to purchase
goods and services from each other. Students
will learn that countries have different
currencies with different values. To purchase
goods from another country, it usually is
necessary to use that countrys currency.
Some European countries have facilitated
the exchange process by adopting the euro
as a common currency.
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- describe
how industrialization led to increased
productivity during the 19th century.
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describe the role of entrepreneurs in
bringing new products to market.
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create a plan for a new innovation.
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CONCEPTS
Trade, Market, Domestic trade, International trade, Exports,
Trade barrier, Quota, Subsidy, Embargo, Tariff, Standard,
Business practices, Culture, Franchise, Global trade,
Immigrate, Emigrate, Entrepreneurship, Human resources,
Productivity, Technology, Exchange rates, Currency |
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SKILLS
Interpreting maps, charts, and globes, Oral and written
communication, Working in groups, Gathering and organizing
information, Critical reading, Persuasion, compromise,
and bargaining, Analyzing points of view, Brainstorming,
Critical thinking, Math calculations |
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