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SOCA02H3 (398)
Lecture 3

Week 3 notes

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Department
Sociology
Course
SOCA02H3
Professor
Malcolm Mac Kinnon
Semester
Winter

Description
WEEK3 MEtarial culture is technology Offspring of science need science for advancement of technology Ex..air transport game changer..can move large number of people around the world very quckly Hindenburg disaster----flame to hydrogen Trade is a source of dislocation and increase wealth Ex..IBM NESIaN HONDA Northern telecom Production techniques have been globalized its is now similar around the world You can make product more cheaply Compeat with each others to attract investment Global trade Re generalized ---devison of the world and constant competition Markets governed by the law of supply and demand Existed under tradition---traded with outsiders WTO investigates countries to make sure countries stay up with trade Free tradewhen a country rids of import duties and tarrif Countries had boundires and tarrifthis si called protectionism Attempts b
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