Thurs. May 6, 2010

Today, we started class by going over the asia map again and a new area

then we continued watching the video

1. Describe what the “flat world” means before watching the lecture?


that the world isn't round


2. Briefly describe Globalization 1.0.


1492-1800s
shrunk the world large to medium
went global through your country
globalization- the world is shrinking
portugal, spain

3. Briefly describe Globalization 2.0.

1800s- 2000s
shrunk medium to small
went global through your companies




4. Briefly describe Globalization 3.0.

2000- present
shrinking from small to tiny
flattening the world
built around individuals and small groups globalizing
built around groups that are every color of the world
not only white men


5. What was the Berlin Wall a flattener of the world?

11/9/89 when berlin fall fell down
allowed us to see and think of the world as a flat plane
flattened the world
east- communist
west- democratic
symbol the cold war was going to end


6. What was the importance of Netscape going public on 8-9-95?

1. netscape browswer brought the internet alive as a device people from more places could connect with one another
2. no company would own the internet everyone would be able to use it
3. triggered .com boom, investment of a trillion dollars in five years in fiberoptic cable
$28 opening price



7. What is outsourcing/offshoring and why are many Americans opposed to it?

outsourcing is a new forn of colaboration y2k
offshoring a company shuts down adn builds a new company in another country that is cheaper




8. Give two examples of “open-sourcing”.
linex
new form of colaboration
1.
2.


9. What does Friedman mean by “informing”?




10. What are the “steroids” according to Friedman?




11. According to Friedman, how do people need to change in the future to succeed in a “flat world”?




12. Why should young people be concerned with the “flat world”?




13. Define what Friedman means by the “flat world” now that you watched the video.
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