Globalisation and the emphasis on the world economy is a significant difference between Year 1 and 2 in A Level Economics. The increasing spread of globalisation is an important topic and we have seen from recent political shifts (e.g. the Brexit vote and the rise of Donald Trump) that lots of people are concerned about the power of globalised companies.
But just how powerful are they? The charity Global Justice argue that some corporations are too large. The have used data from Corporations and Health Watch to illustrate the power of corporations by comparing their output with that of some of the wealthiest economies in the world. Global Justice suggest that 69 corporations sit in the top 100 global economic entities.
This resource, 'corporations v world', can be used as a stimulus to a discussion about globalisation and equality. You lead your class in a quick test. The screen shows the name of a corporation (e.g. Wal-Mart) and the name of a country (e.g. Poland) and your students must discuss and debate which of the two had a higher output in 2014. The can repeat this process up to 14 more times with
Video tutorial on how to use the file below:
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