商英阅读Unit 1.pptVIP

Globalization, as a concept, refers both to the shrinking of the world and the increased consciousness of the world as a whole. It is a term used to describe the changes in societies and the world economy that are the result of dramatically increased cross-border trade, investment, and cultural exchange. In specifically economic contexts, globalization is often used in characterizing processes underway in the areas of financial markets, production, and investment. Even more narrowly, the term is used to refer almost exclusively to the effects of trade, particularly trade liberalization or free trade. Globalized Economic Crisis The globalized economic crisis refers to a widespread economic collapse. Beginning with the crash of the United States financial system, the crisis quickly spread worldwide, thanks to the interconnected markets of modern global trading systems. Across the world, the global economic crisis caused large- scale drops in production, trade, and capital. Unemployment surged in many areas, while consumer prices on many basic necessities such as food and fuel continued to rise. Poverty and starvation rates increased, while even in wealthy countries recovery and growth remained sluggish. New Words Expressions 4. accessibility [?k.sesi‘biliti] n. 易接近，可到达 accessible [?k‘ses?bl] adj.?可得到的，易接近的，可进入 的，易受影响的，易理解的 e.g. ① This island is accessible only by boat. 这个小岛只能坐小船去。 ② The Centre is easily accessible to the general public. 该中心普通大众可随意进入。 5. integration [.inti‘grei??n] n.?集成，综合，同化 e.g. the integration of disabled people into mainstream society. 残疾人士跟主流社会的融合 integrated adj. e.g. There is, he said, a lack of an integrated national transport policy. 他指出，目前缺乏一个统一的全国交通运输政策。 integrate v. e.g. I integrated your suggestions into my plans and this has improved them. 我把你的建议采纳到我的计划中，由此改进了我的计划。 6. mitigate