1. Coming to a Factory Near You Dawn of Digital Machine Age 2. Prelude to the Future IBM Supercomputer Big Blue defeats World Chess Champion Garry Kasparov. 3. Better and…

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1) Globalization: Increased interaction and interdependency of the world… - economically (trade, raw materials, labor, markets) - politically (more international interactions…

Industrial Revolution The Industrial Revolution 2 Began in the late-1700s, though it didn’t take full effect until 1830-1840 (in Great Britain)… Major changes in agriculture,…

Slide 1 Gains and Losses from Trade in the Specific-Factors Model Readings: Chapter 3 1 Specific-Factors Model 2 Earnings of Labor 3 Earnings of Capital and Land 4 Conclusions…