Trade and Its Global Effect - Reading Comprehension
for edHelper.com subscribers - Sign up now by clicking here!

Trade and Its Global Effect Reading Comprehension
     Trade and Its Global Effect reading comprehension (sample is shown below)



Trade and Its Global Effect
By Cindy Campbell
  

1     McLak. McTikki Burger. Maharaja Macs. Do any of these menu items sound familiar to you? Unless you have visited Norway or India, probably not. If you travel the world, you are likely to find a McDonalds's restaurant wherever you go. McDonald's restaurants can be found in more than 100 countries. Not only do American products turn up in foreign countries, but also foreign products are found here in the U.S. If you wear Nike shoes or clothes, you are part of the process called globalization - a term used to explain how our world is coming together. Trade with other nations is the main cause and effect of escalating globality. Let's find out what that means.
 
2     McCaveburger, anyone? No, McDonald's hasn't been around for thousands of years, but trade has. Before money, people traded goods and services for other goods and services. This is called bartering. This type of trading could only be done face-to-face. This is similar to you trading one football card to a friend who has something you want. If you make the trade, you have just bartered. Over the centuries, distances between people who want to trade have expanded, so this type of trading is no longer reasonable.
 
3     Trade is defined as the exchange of goods and services for other goods and services or money. To send goods and/or services out of an area is to export. To bring these things in is to import. Why would people who live on one part of the globe want to trade with others who are half a world away? After all, these traders may not speak the same language. It may be difficult to get the products back and forth.
 
4     Exporting is done for several reasons. When there is too much of a product and it can't be consumed where it is made, it makes sense to sell it somewhere else. Perhaps the producer can make more money by selling it elsewhere. By making more than what is needed on purpose and exporting it, the workforce is maintained - no one loses jobs. Developing countries around the world sell exports like coffee and cocoa in order to obtain products they are not able to manufacture, mine, or grow. Millions of people in the U.S. hold jobs involved in exporting.

Paragraphs 5 to 14:
For the complete story with questions: click here for printable



Weekly Reading Books

          Create Weekly Reading Books

Prepare for an entire week at once!


The 1890's
             The 1890's


More Lessons
             Election 2004: United States Elections
             Election 2008: United States Elections
             High School Reading Comprehensions and High School Reading Lessons


United States
             United States


    American Government  
 
    Black History and Blacks in U.S. History  
 
    Children in History  
 
    Government Careers  
 
    Hispanic Heritage  
 
    How Can I Help?  
 
 
    Immigration  
 
    National Parks and Monuments  
 
    Native Americans  
 
    Presidents of the United States  
 
    Women's History  
 


United States History
    A Nation Divided
(1840-1861)
 
 
    A New Nation
(1776-1830)
 
 
    After the Civil War
(1865-1870)
 
 
    American Revolution  
 
    Cold War
(1947-1991)
 
 
    Colonial America (1492-1776)  
 
    Lewis and Clark
(1804-1806)
 
 
    Pearl Harbor  
 
    Spanish American War (1898)  
 
    The 1890's  
 
    The 1900's  
 
    The 1910's  
 
    The 1920's  
 
    The 1930's  
 
 
    The 1940's  
 
    The 1950's  
 
    The 1960's  
 
    The 1970's  
 
    The 1980's  
 
    The 1990's  
 
    The 2000's  
 
    The Civil War
(1861-1865)
 
 
    The Great Depression
(1929-1945)
 
 
    The United States Grows
(1865-1900)
 
 
    The War of 1812  
 
    Wild, Wild West  
 
    World War I
(1914-1918)
 
 
    World War II  
 


50 States

             Fifty States Theme Unit


Document Based Activities
      Document Based Activities



Copyright © 2018 edHelper