Trade, Economic Life, and Globalization (The Making of the Modern World: 1945 to the Present)
What’s inside...
Since the end of World War Two, the world has transformed in profound and far-reaching ways. From the escalation and ultimate end of the Cold War, to the ideological debates between capitalism and communism, each title in 'The Making of the Modern World' series offers students an accessible guide to these upheavals.
Why read this book
- Explores globalization's impact post-1945 in an engaging way.
- Enhances understanding of global economics for young readers.
- Addresses complex topics with clarity and relevance.
- Encourages critical thinking about world trade and economy.
Age
12-18
Length
64 pages
Text complexity
Discussion points
How do you think globalization has changed the way people in different countries interact with each other?
What are some effects of economic changes on everyday life that you can think of?
Can you explain why trade is important for countries?
How might the world look different if countries did not trade with each other?
What do you think are some positive and negative aspects of globalization?
Tip: Role play these questions
Encourage your child to think critically about the content by asking them to relate the themes of the book to their own life. For example, discuss any items in the house that come from different countries and talk about the benefits and challenges of having such diverse products available. Additionally, share personal stories or family histories that involve elements of trade or effects of economic changes to make the discussion more relatable. Praise their insights and guide them to think about the broader implications on society and economy.
Key lessons
Example Lesson: Understanding Globalization
Explanation: The book explores the interconnectedness of global economies and cultures, demonstrating how events in one part of the world can impact others.
Real-World Application: Children learn the importance of being aware of global issues and understanding how their local actions can have a broader impact.
Example Lesson: Importance of Trade
Explanation: Through examining post-1945 economic developments, the book illustrates how trade has been a crucial driver of economic growth and stability.
Real-World Application: Children can apply this by understanding the value of exchange and cooperation, both in economic terms and in their personal relationships and community involvement.
Example Lesson: Economic Literacy
Explanation: The book provides a foundational understanding of economic principles and terminologies that shape the modern world.
Real-World Application: This helps children grasp basic economic concepts, aiding them in everyday decisions and fostering a deeper understanding of the news or global events.
Example Lesson: Cultural Awareness and Sensitivity
Explanation: By discussing various global interactions since 1945, the book encourages respect and understanding for diverse cultures and practices.
Real-World Application: Children learn to appreciate and celebrate differences, promoting inclusivity in their own communities.
Example Lesson: Critical Thinking about Modern History
Explanation: The narrative invites readers to analyze the causes and effects of significant global events, fostering a deeper understanding of modern history.
Real-World Application: This encourages children to think critically about historical events and their own role in the future of globalization.