Let’s talk about Grandpa and Grandma…

•Lifestyle?•Education?•Expectations

of life?•Type of

work?•Standards of

living?

Let’s talk about Dad and Mom…

• Lifestyle?• Education?• Expectations

of life?• Type of

work?• Standards of

living?

What about you?

?• Lifestyle?• Education?• Expectations of life?• Type of work?• Standards of living?

How will your life be different from those preceding you?

• Will it be better? • The same?• Or even…worse?

http://www.cbsnews.com/8301-18563_162-57590632/http://money.cnn.com/2011/12/12/news/economy/american_dream_women/

Pull out 3 main reasons the article cites for this issue

1. ?2. ?3. ?

How did we get this way?

• That is, how has the world evolved to the point where this is EVEN BEING DISCUSSED?

Globalization…

Globalization is the process of international integration arising from the interchange of world

views, products, ideas, and other aspects of culture. Advances

in transportation and telecommunications infrastructure, including the rise of the telegraph and its

posterity the Internet, are major factors in globalization, generating further interdependence of

economic and cultural activities.

Taken from Wikipedia

To sum it up until this point in the conversation…

• There has seemingly always been a desire to connect with people from distant lands.

• The industrial revolution accelerated this process

• The technological revolution has accelerated this process even faster.– Transportation costs and Communication costs

have essentially shrunken the world and brought us closer together.

This decrease in trade barriers has enabled companies to move

• Things are cheaper to ship• Lower taxes to ship• Production, therefore, has been shifted to

cheaper locations.

In a nutshell…

• https://www.youtube.com/watch?v=JJ0nFD19eT8

Sources• http://catalogue.polytechnique.fr/site.php?id=291&fileid=5333• http://yaleglobal.yale.edu/content/about-globalization• Chomsky on globalization…https://

www.youtube.com/watch?v=AHJPSLgHemM&list=PL40FA1BDFE38244A9 • For your consideration about your future…

https://www.youtube.com/watch?v=JvCyRoY6azk• https://www.youtube.com/watch?v=3oTLyPPrZE4