THE CONTEMPORARY WORLD
The Global Economy
Activity Sheet No. 2
Score: ________________________
Directions:
Column I: The Five Actors that facilitates economic globalization
Column II: Determine five (5) common functions the actors of Globalization play in the Global
economy.
Column III: Provide a one sentence (*not more than 20 words for each) discussion on how these
functions were performed by the actors.
Column IV: Determine which among the economic indicator/manifestation the function can be
applied.
Actors Function How Functions were undertaken Economic
*not more than 20 words for each Indicator/
discussion manifestations
1. To help the They are the one who establish rules, To create
International international resolutions of dispute, and policy transparency or
trade and advocacy. openness to trade
Chamber of commerce. market.
Commerce
2. Bilderberg Break down Arranging an annual gathering These meetings aim
barriers between nations that are member of to develop stronger
Group between Europe the organization. cultural knowledge
and North between the US and
America, a Western Europe in
barrier against order to increase
the ideology of political, economic,
communism. and defense
cooperation.
3. Trilateral Strengthen Summit meetings between the It increases political
cooperation leaders of the countries involve, in and economic
Commissions between Japan, which they are gathered to report and cooperation among
North America, debate economic issues. the member states
and Northern committed to private
Europe enterprise and global
issues.
4. World Address issues Annually brings together political Unite together and
in promoting and business leaders to debate strengthen the
economic public-private significant global political and support to private
Forum cooperation. economic concerns. and public
cooperation.
5. World Encourage A forum for the exchange of Created more
sustainable knowledge and experiences in order sustainable
Business development to grow enterprises while also taking businesses more
Council for among the environmental sustainability into successful and
Sustainable world's largest consideration. increase in resource
Developmen corporations. efficiency.
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