Friday, November 19, 2021

Being globably minded

 


Economy - economy is a system of marketing and trading valued goods. Economy  can also be used to help people in need. Economy is why us ( people with jobs ) have to pay taxes. 



Trade - My understanding of trading is making decisions based on what the other person brings to the table. Making a trade will not only benefit you but the other person as well because if they trade something of the same value it will then benefit you and the other person. 



Globalisation - From what i have learnt in social studies globalisation is a product that is known and has been shared around the world. For example pencils , pencils are made from different materials that come from different places in the world. Pencils are also in every single country in the world which is why it is a global product.



What we have been learning is what economy , Trade and globalisation are. They are all related to one topic called globalisation. One of the brands that I did was NZAS. NZAS is also known as the new zealand aluminum smelters make the nz export aluminium. This product was made in 1971 and is located in tiwai in the south island. This company makes aluminum and aluminum is great for storing food and keeping the hot air in if the food is freshly cooked like chicken for example but allumion is 100 percent not edible.


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