Students may not know exactly what is meant by globalization or may have an incomplete understanding of the term. You might ask students what they think it means. What are some examples of globalization in their personal lives? Cars come to mind, but there are thousands of products sold in the United States that are produced offshore. Why is globalization growing in strength? Potential answers could include: reduction of economic and cultural advantages of developed countries, increased number of companies with operations in multiple countries worldwide, and increased reliance on imports and exports of goods (and jobs). Globalization will be discussed in later slides as well.