Active learning ideas
The global economy and trade are the lifeblood of modern civilization, but they also create significant friction. This topic covers the mechanisms of globalization, the benefits of free trade, and the recent rise of protectionism. Students analyze how interconnected supply chains can lead to both immense wealth and extreme vulnerability, as seen during global crises.
Activity 01
Groups represent different countries with varying resources (paper, scissors, markers). They must trade to produce 'goods' (shapes). The game illustrates how trade benefits all but also how resource-rich nations have an advantage.
Who are the ultimate winners and losers of economic globalization?
Activity 02
Students trace the global supply chain of a common item like a smartphone or a t-shirt. They present their findings, highlighting the different countries involved and the potential 'weak links' in the chain.
Is protectionism a valid economic strategy in times of crisis?
Activity 03
Students debate whether a country should impose tariffs to protect local jobs, even if it raises prices for consumers. They must use real-world examples like the US-China trade war.
How do global supply chains impact local economies and workers?
A few notes on teaching this unit
Watch Out for These Misconceptions
Trade is a zero-sum game where one side wins and the other loses.
Trade can be mutually beneficial through comparative advantage. Peer-led explanations of 'win-win' trade scenarios can help students understand this fundamental economic principle.
Globalization only benefits rich countries.
Globalization has lifted millions out of poverty in developing nations, though it also creates localized job losses in developed ones. Collaborative analysis of 'winners and losers' data can provide a more nuanced view.
Methods used in this brief
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