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Australia Government and Economics
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Management and Globalization Global Management Why companies go global How companies for global Global Business environments Global Business Types of global business Pros and cons of global businesses Ethnic Challenges for global business Culture and Global Diversity Cultural intelligence Silent language of culture Tight and loose cultures Values and national cultures Global Management Learning Are management theories universal? Intercultural competencies Global learning goals Key concepts of the challenges of globalisation: Global economy Resources, markets and competition are worldwide in scope Internationalisation The process of increasing involvement in international operations Globalization/Deglobalization Glob- the growing interdependence among elements in the global economy The worldwide interdependence of resource flows, product markets and business competition World 3.0 Different views: World flat vs. round Distance is a metaphor that represents the degree of dissimilarities between countries Balancing cooperation in the global Global Management Global management - managing things in different countries Managing business and organizations with interests in more than one country What do we expect from global Managers Knowing how to adapt Knowing the language Global Manager Is culturally aware and informed on international affairs International Business Conducting for-profit transactions of goods and services across national boundaries International Motive Why do firms internatioalize their activities Cheaper labour Labour tax Natural resources Enrolments to do business Clientele Exclusive materials Personal benefits: Taxes Reasons why businesses go global Customers Suppluers Capital During (1993) - 4 motive 1. Market seeking 2. Efficiency Seeking 3. Resource seeking 4. Strategic Asset Seeking Cuervo Cazurra, Narula and un (2015) - 4 motive s Internationalization Motives A company may also explore the opportunities in different markets in order to take advantage and in some cases extend the product life cycle What is a Market Entry Strategy Involves the sale of goods or services to foreign markets but do not require expensive investments Franchising Exporting and importing Involve the sale of goods or services to foreign markets but do Types of market entry strategies Global sourcing Exporting Importing Licensing agreement Franchising Types of Foreign Direct Investment (FDI) strategies: Joint venture Strategic alliance Owned Subsidiary (sometimes called WOS) How to go abroad What conditions will affect the decisions of firms on how to internationalize their activities? During (1978)- Eclectic paradigm OLI model OLI- Ownership, Location and Internalization Advantages Ownership advantages Resources owned by the organization that can be transferred across locations include trademarks, production techniques and processes, managerial skills and other resources not available to the competitors Location Advantages Represent the implications of choosing to produce or to perform activities in a specific location (country or region) Internalization Advantages: The ability to internalize or to incorporate activities that add value to its business Evolution of Concepts- New Elements Although economic factors are certainly important to explain the formation, growth and expansion of firms within and across national borders, they are not sufficient to explain the additional complexity when a firm decides to expand its activities across national borders Economic factors Investigate the economic elements that affect the internationalization of firms Behavioural Elements Explaining the additional challenges (and perhaps opportunities) a firm faces in foreign host countries when compared to indigenous (local) firms Behavioural theories Johanson and Wiedersheim-Paul (1975) and Johanson and Vahlne (1977) Included the psychic Distance concept (beckerman,1956) to explain the internationalization behaviour of firms The Uppsala internationalization model Psychic distance is: the sum of factors preventing the flow of infomatio from and to the market Psychic Distance is a broad concept that includes several elements such as: language, culture, political systems, level of education, level of industrial development Firms behave in a “Risk Averse” manner It means that when the perceived risk goes down, the firm increase its commitment to the foreign market \ The Haier Group Data Strategy Big DATA and Small DATA The use of small data to satisfy individual customers’ needs, however, the book mentions a huge cultural shock at the plant in Camden, south caroline Ex: top down, hard hat colors and hierarchy Culutral Differnces can have a huge impact on the internationalization of firms Kogut and Singh (1988)- Cultural Distance Index First statsical study on the implication of ciltiral distance to the selection of entry mode When investigating in culturally distant countries, foreign firms can choose to partner with foreign firms in order to gain local knowledge and share the risk associated to the investment (higher commitment = higher risk) How Companies Go Global Global sourcing The process of purchasing materials or services around teh world for local use Exporting Selling locally made products in foreign markets Importing Buying foreign made products and selling them domestically Exports correspond to what percentage of Candain GDP What countries are the major trending partners of Canada Management and Globalization How Companies Go Global Licensing Agreement One firm pays a fee for rights to make or sell another company’s products What are the potential risks associated to licesning The case of new balance in China Franchising A fee is paid for the rights to use another firms name, branding and methods Insourcing Insourcing: refers to local job creation that results from foreign direct investment Types of insourcing Joint ventures: operate in a foreign country through co-ownership by foreign and local partners Strategic alliances: A partnership in which foreign and domestic firms share resources and knowledge for mutual gains Foreign subsidiaries: local operation completely owned by a foreign firm Criteria for choosing a joint venture partner: Familiarity with your firm’s major business String local workforce Values its customers Future expansion possibilities Strong local market for partner’s own products Good Profit potential Sound financial standing Global business environments Legal and poliical systems Trade agreements and trade barriers Regional economic alliances Legal and political systems Differing laws and practices regards Business ownership Negotiation and implementation of contracts Foreign currency exchange Protection of intellectual property rights Counterfeit merchandise Political risk Potential loss in value of foreign investment due to instability and political changes in the host country Political risk analysis (expertise/experience) Forecast political disruptions that threaten the value of a foreign investment Changes in the rules of the game Brexit US Trade Wars-mexico-China Other examples Bolivia, Venezuela, China De-globalization The process of weakening interdependence among nations Trade Agreements and trade Barriers World trade organization Most favourd nation status Tariffs Nontariss barriers (quotes, restrictions, etc.) Protectionism Regional Economic Alliances USMCA (replacment for the NAFTA-North American Free trade Agreement) EU- European Union APEC- Aisa Pacific Economic Copperation ASEAN - Association of Southeast Asian Nationas SADC - Southern Africa Development Community MERCOSUR- Chapter 5- Global Management and Cultural Diversity (part 2) Review Types of global business Global corporation MNE (multinational enterprise) or MNC (multinational corporation) with extensive business operations in more than one foreign country Transnational corporation A global corporation that operates worldwide on borderless basis Some host country complaints about MNCs Host Country companits about MNCs: Excessive profits Interference with local government Domination of local economy Interference with local government Hiring the best local talent Limited technology transfer Disrespect for local customers Examples - War in Ukraine Disruption in global -value chains and increased pressure and interference of MNCs with local government Fertilizer imports in Brazil (one of the major producers of agricultural commodities) We must consider the triple bottom line and the impact in society, the environment and the economy $2.5 billion invest in potash mine in Brazill What about Globalization gap Large multinationals adn industrilizednaitons gaining disporoportinonally form globalization Globalization gap: Large multinational and industrialized nations gaining disproportionally from Globalization Some MNC complaints about host countries MNC Complaints about host countries: Profiit limitations Laws and regulations Overpirce resources Exploitative rules Foreign exchange restriction Failure to uphold contracts Mutual benefits for host countries and multinational companies Mutual benefits for host country and global corporation of MNC: Shared growth opportunities Shared income opportunities Shared learning opportunities Share development opportunities Develop projects together What are some of the ethical challenges for global business Ethincal challenges for global business Child labour Employmnet of children for worl otherwise done by adults Sweatshops Employment of workers at very low wages for long hours in poor working conditions Ex: Nike bad labour prices Unsafe working conditions Corruption Illegal practices that further one’s business interests Corrupiotn of froeign public officials Act makes it illegal for Candain firms and their representatives to engage in corrupt practices overseas Bribes to foreign officials Excessive commissions Non-monetary gifts Sweatshops Conflict materials What is culture Culture : The shared set of beliefs, values, and patterns of behvaiourr common to a group of people Food preferences Values and traditions Language and beliefs Religion Art music Life style Hofstede defines culture as: “The collectiv programing of teh mind distinguishing the members of one group or category of people from others” What is culture shock Culture Shock: Confusion and discoumfert a person experiences in an unfaamiliar culture Stages to adjusting to a new culture Confusion Small vitorires The honeymoon Irritation and anger Reality Cultural Intelligence The ability to adapt and adjust to new cultures What is Ethnocentrism Tendency to consider one’s own culture as superior others Slinet languages of culture Contect Low context High context Space Proxemics Ex: personal space Time Monochronic Polychronic High and low contexts cultures Edward T.Hall (1959) Def: Part of a discourse that surround a word or passage and can throw on its meaning Low context cultures Emphizes communication via spoken or written words Countries like United States, Canada and Germany High context cultures Rely on nonverbal and situational cues as well as on spoken or written works Thailand Malaysia Time Monochronic cultures People tend to do one thing at a time Canda Polychronic cultures Time is used to accomplish many different things at once Egypt Space Proxemics Study of how people use space to communicate In North American people value “personal space’ Many Latin and Asian cultures expect much less personal space Tight and Loose Cultures Cultural tightness-looseness Tight = Strength of norms that govern social behvaviour Japan, Korea, Malaysia Loose = tolerance for any deviation from norms Australia, Brazil, Hungary Values and national cultures (Hofstede) Power distance Uncertainty avoidance Individalism-collectivism Masculinity-femininty Time Orientation Indulgence vs. Restraint Comparative management How management pratices systematically differ among countries and /or cultures Intercultural competencies Skills and personal characteristics that help us be successful in cross cultural situations Global Managers (know how to adapt) Need to successfully apply management functions across interantional boundaries Global Learning goals Not universal Engage critical thinking Look everywhere for new management ideas Always consider culture Government and Laws of AustraliaYaama I'm Jack Evans and you're watching BTN. Here's what's coming up. We uncover the story behind this famous photo, learn about First Nations seasons and find out the history of Book Week. What is Statehood? Reporter: Tatenda Chibika INTRO: But first, the Prime Minister Anthony Albanese has announced that Australia will join other countries in recognising Palestine as an independent state. So, what does that mean? Tatenda found out. Anthony Albanese, Prime Minister: Australia will recognise the state of Palestine. Australia will recognise the right of the Palestinian people to a state of their own. We will work with the international community to make this right a reality. Tatenda Chibika, Reporter: That's the moment our Prime Minister said Australia would recognise Palestine as an independent state at the upcoming United Nations General assembly next month. It's something other countries, including France and Canada, have said they'll be doing too. So, what does that mean exactly? To be considered an independent state under international law a place needs to have its own land or territories with defined borders, it needs to have people who permanently live there, have a working government and it has to be able to talk and make deals with other countries. Once a place meets all those rules, it can ask to be recognised by other independent states and countries. But a big step in becoming an independent state is being fully recognised by the United Nations. To do that you first need to get approval from at least nine members of the UN's Security Council. That's a group of countries responsible for maintaining international peace and security. But even then, that tick of approval can still be blocked by one of the Security Council's five permanent members Russia, China, the UK, the US and France. If the Security Council approves, the decision then goes to the UN's General Assembly where at least two thirds of the UN's 193 members have to agree to make it official. Yeah, it's a pretty complex process which is why we've only seen a handful of countries recognised by the UN in recent years like South Sudan and Montenegro. Others like Kosovo are only 'partially' recognised which means they have some recognition but not enough to become a full member state at the UN. Right now, Palestine is recognised by more than 140 countries — that's more than two thirds of the UN General Assembly. So, why hasn't it become a UN member state yet? Well, it came pretty close last year when 12 members of the Security Council voted in favour of it. VANESSA FRAZIER, AMBASSADOR OF MALTA, APRIL 2024 UNSC PRESIDENT: I shall now put the draft resolution to the vote. But the US, a close ally to Israel, used its special powers to block Palestine from becoming a member state. VANESSA FRAZIER: Those against? At the time, the U.S said Palestine and Israel needed to come to an agreement on their own first. Throughout the years, there have been attempts to figure out a way for both Palestine and Israel to exist peacefully alongside each other but that hasn't happened yet. And now Israel has said that recognising Palestine as an independent state would be rewarding Hamas the group in charge of Gaza which was responsible for the terror attacks on October 7th, 2023. But the Palestinian Authority which governs parts of the West Bank says Hamas won't have a role in any future state of Palestine which will exist peacefully alongside Israel. Australia, like the US, had previously said that it wanted Israel and Palestine to figure out things by themselves first but because of how the war has been going the Australian government is worried that if it continues to wait, there might not be a Palestinian state to recognise. ANTHONY ALBANESE, PRIME MINISTER: There has been too many lives lost, both Israeli's and Palestinians and the world is saying we need a solution to this conflict, we need to end the cycle of violence and the way to do that is to have a two-state solution. News Quiz Russia's President Vladimir Putin stepped foot on American Soil for the first time in a decade to meet with US President Donald Trump. What state did they meet in? Alabama, Alaska or Arizona?It's Alaska. The two leaders met to discuss a way to end the war in Ukraine but weren't able to make any final agreements. DONALD TRUMP, US PRESIDENT: There were many, many points that we agreed on. Most of them, I would say, a couple of big ones, that we haven't quite got there, but we've made some headway. There's no deal until there's a deal. A lot of people criticised the two world leaders for not including Ukraine's president Volodymyr Zelenskyy in the meeting. But that didn't seem to worry Mr Trump who said the meeting was a success and Mr Putin even invited the US President to meet up again in Russia. DONALD TRUMP: We'll see you again very soon. Thank you very much, Vladimir. VLADIMIR PUTIN, RUSSIAN PRESIDENT: Next time in Moscow. DONALD TRUMP: Oh, that's an interesting one. No, no, no. I'll get a little heat on that one. Last week thousands of people marked the 80th anniversary of VJ Day. What does VJ Day commemorate? The victory of Allied forces in Europe, the surrender of Japan and the end of World War II or the dropping of the first atomic bomb? VJ Day or Victory over Japan day commemorates the surrender of Japan and the end of World War II on the 15th of August 1945. Around the world, and here in Australia, people marked the anniversary with ceremonies remembering those who fought in the war. REPORTER: Who will you be remembering today? VETERAN: Oh, a lot of fellows that I knew that never made it home. Scientists in the UK have created toothpaste that includes which of these ingredients? Hair, eye lashes or fingernails? Yeah, they're all a bit random and gross but the answer is hair. According to scientists from King's College in London, hair could be the key to good oral health because it contains a protein called Keratin which they say when mixed with saliva forms a crystal-like protective coating similar to enamel. And Swifties rejoice because Taylor Swift has announced her 12th Studio album. It's called life of a show what? Is it show pony, show girl or show bag? It's Life of a Showgirl and it'll be released October 3rd. Vincent Lingiari Reporter: Joseph Baronio INTRO: Now to this very famous photograph. It was taken 50 years ago and depicts a really significant moment in Australian history. Joe found out about the story behind it. On the 16th of August 1975, this famous photo was taken. It shows the former Prime Minister Gough Whitlam pouring sand into the hand of Aboriginal leader Vincent Lingiari. A simple gesture that symbolised handing the land at Wave Hill in the Northern Territory back to the Gurindji people. But the journey to get there was far from simple. It started back in the 1960s. At the time, Wave Hill was the biggest cattle station in the world, controlled by British landowner Lord Vestey. The Gurindji people, who had lived on the land for generations, worked for Vestey, but they weren't paid fairly, and conditions were tough. NEWS REPORTER: The station's 100 aboriginal stockmen, with their 100 dependents, are camped in the dry bed of the Victoria River with little shade from 90-degree heat, dust and flies. Eventually, Gurindji leader Vincent Lingiari said it was time to act. VINCENT LINGIARI: I said, "What was it before Lord Vestey born and I was born?" It was blackfella country. So, on August 23rd, 1966, Mr Lingiari and his fellow Aboriginal workers went on strike. It became known as the Wave Hill Walk Off. They moved their camp away from the Wave Hill station to a sacred site called Daguragu on Wattie Creek. They wanted to set up their own cattle station, and said they wouldn't move until their land was returned to them. For years, petitions and negotiations went on between the Gurindji people, the NT Administration, and the Australian Government in Canberra. CLAPPERS: 31. 32. 33. DAVID QUINN, ABSCOL: Well, it's basic justice that their land is recognised. PROTESTORS: Equal rights! As the news spread across the country, thousands of Aussies joined the campaign, including the leader of the Labor Party, Gough Whitlam, who made this promise during his 1972 election campaign. GOUGH WHITLAM: We will legislate to give Aborigines land rights. Not just because their case is beyond argument, but because all of us as Australians are diminished, while the Aborigines are denied their rightful place in this nation. Later that year, Gough Whitlam became Prime Minister. (Song From Little Things Big Things Grow, Song by Kev Carmody and Paul Kelly, 1993) From little things big things grow,from little things big things grow… But it wasn't until 1975, 9 years after the Wave Hill Walk Off started, that he followed through with his promise. Eight years went by, eight long years of waiting'Til one day a tall stranger appeared in the landAnd he came with lawyers and he came with great ceremony GOUGH WHITLAM: I solemnly hand to you these deeds as proof in Australian law that these lands belong to the Gurindji people. And through Vincent's fingers poured a handful of sandFrom little things big things grow 50 years on, and The Wave Hill Walk Off is seen as a pivotal moment in Australia's history. It led to significant legal and social changes for First Nations people, which is something many agree is worth celebrating. First Nations Seasons Reporter: Saskia Mortarotti INTRO: Recently, Melbourne's Lord Mayor suggested ditching the four-season calendar that most of us are familiar with and adopting a six-season Wurundjeri calendar instead saying it gives a better description of what the weather's actually like there. Sas found out more about the different seasonal calendars used by First Nations people. SASKIA MORTAROTTI, REPORTER: Right now, in most of the country, it's pretty cold. COLD GIRL: Think of somewhere warm. What? It's 32 degrees in Darwin in the middle of winter? But ah, yeah. There are some places where it's, well, quite warm. Which makes you wonder whether the weather actually matches the seasons. You see, Australia is pretty big, and we have lots of different weather patterns. Which is something First Nations people have tracked for thousands of years with their own seasonal calendars. KARL WINDA TELFER, CULTURAL CREATIVE KANYANYAPILLA: Why have we got four seasons when you know that don't make any sense here. It doesn't relate to the country here. This is Karl Telfer. He's an artist and storyteller who produced the Kuri Kurru exhibition at the Museum of Discovery in Adelaide that explores the 6 different seasons of the Kaurna Meyunna. SASKIA MORTAROTTI: So, how do you know when you're in one of those six seasons? KARL WINDA TELFER: Well, there are stars that rise. So, you know, there are certain stars, like in Parnatti, for example. There's a star called Parna, and we know what that star is. So, that talks to us about, okay, the time now is going to be cold on the ground. First Nations calendars like the Kaurna one don't just tell us what's happening with the weather; they're also used to track when certain plants and animals are around. KARL WINDA TELFER: It teaches you about what plants you can, you know, what you can eat what you can't and all that what is ready certain times a year and fruit everything, bird shows you the right time to eat the fruit, perfect time, if you try and go get them the next week they're gone. Karl says we can also use these calendars to see how the environment has changed over time. KARL WINDA TELFER: Kudlilla is the season we're in now and Kudlilla that talks about like the rain but we're not having enough rain these days, well, these times. And this is due to climate and the climate changing. There are many different First Nations seasonal calendars around the country. Like Ngan'gi calendar from the Northern Territory which has 13 seasons that follow the life cycle of the native spear grass. Or the Wurundjeri Calendar in Victoria which has 6 seasons. And recently, Melbourne's Lord Mayor, Nicholas Reece, said Melbourne, or Naarm, would be better off adopting the Wurundjeri calendar because it's more in tune to what's happening with the weather. Something many, including Karl, think we should be doing right across the country. KARL WINDA TELFER: I'm talking about the English four seasons. So, this is totally different systems that we're talking about and weather patterns and currents and all sorts of different things, because it's the sea country too. So, my question is, well, why do we have that? If that doesn't work, you know? Quiz How many seasons are there in the Tiwi Island Calendar? 1, 2 or 3? It's 3, although they also have 13 minor seasons. Book Week Reporter: Wren Gillett INTRO: This week, kids across Australia have been dressing up as their favourite characters to celebrate Book Week. Wren finds out why Book Week began 80 years ago and why it's still important today for getting young Aussies into reading. STUDENT: I read an hour every night, maybe even two hours some nights. STUDENT: My favourite book series are the Harry Potter series and the Keeper of the Lost City series. STUDENT: Probably Bad Guys and Weirdo. STUDENT: I like the Amulet, I've been reading that. STUDENT: I love reading Dork Diaries and Exploding Endings. Whether it's Fantasy, mystery, history — whatever you're into. Book week is a time to celebrate, well, books. STUDENT: Me and my friends are dressing up as Inside Out. STUDENT: I was thinking SpongeBob. STUDENT: I'm dressing up as Winnie the Pooh and it's just a fun way to express what kind of books you like. And guess what, book week has actually been a thing for many, many years. WREN GILLETT, REPORTER: Once upon a time, in a land not so far away, literacy lovers noticed a problem. The year was 1945. The second World War had just ended, and kids were mainly reading books from overseas, in particular the UK. Because, at the time, there weren't many Aussie authors writing books for children. WREN GILLETT: So, a group of passionate teachers, librarians, booksellers, publishers, and book-loving volunteers, decided to create what we now know as The Children's Book Council of Australia. Familiar logo, right? Together, they launched book week, all in an effort to get Aussie kids' reading more. And it seemed to work. The 1960s saw a boom in Australian children's books being published. REPORTER: How many books do you read a week? STUDENT: Well, it really depends on the week. If there's exams, I might read only one or two. But if there's no exams and if I've got plenty of time, I might read up to five or six. WREN GILLETT: But today, it's a slightly different story. Studies show that less than one in five eight to 18-year-olds are reading in their free time, and that only one in three actually enjoy reading for fun. WREN GILLETT: Why do you reckon we're seeing this trend? STUDENT: People are getting sucked into screens and they're like spending hours just scrolling through TikTok and stuff, and they're getting so attached to it that they don't feel the need to pick up books and read them. Yeah, there's a lot of different things competing for our attention these days, but many think books are still worth our time. PETER HELLIER, AUSSIE COMEDIAN AND AUTHOR: Books are the exact opposite of boring. And if you think they're boring, I'm sorry, but you're wrong. This is Peter Hellier, he's a pretty famous Aussie comedian, actor, and the author behind these books. And he's just released another one called Detective Galileo, about a trail horse who dreams of solving crimes. PETER HELLIER: He joins the police force and quickly finds out that the horses don't actually solve the crimes, it's the police officers who solve the crime. So he promptly gets thrown out of the force and begins his own detective agency, which I'm reliably told is the only detective agency in the world run by a horse. Peter actually started writing books when he was a kid. PETER HELLIER: I started writing when I was six, seven, eight years old. In fact, I started my own publishing company called Better Books. And I would write these books, and then I would get a parent or one of my parents or teachers to type them up. And I would read them in front of the class. And, you see, each has the logo, the Better Books logo, there it is — the famous Better Books logo. WREN GILLETT: You weren't mucking around. PETER HELLIER: There all on all of them. There we go. There we go. Many, Including Peter, say there's plenty to get from a good book. They help us learn new words and phrases, get a better understanding of the world around us, and strengthen our imaginations. PETER HELLIER: Books can take you absolutely anywhere. They can take you to countries that you never dreamed about going. Countries that exist, countries that don't exist. Reading just makes the world a much bigger place. It's why for the past 80 years, schools around the country have been taking part in book week. STUDENT: Reading is a place where you can have your own world just to yourself. STUDENT: It's like watching a movie inside your head, but you can choose how it goes. STUDENT: Picking up a book is a good idea, maybe you should start with something that you're interested with and then you can start exploring from there. Quiz What is the title of the book that took out this year's Book of the year Award for younger readers? It's Laughter is the Best Endingby Maryam Master. Some other winners included I'm not really here by Gary Loneborough which took out book of the year for older readers and best picture book went to The Truck Cat, by Deborah Frenkel. Sport Australia's men's national basketball team — the Boomers — have won their third Asia Cup in a row, with an epically narrow victory over China. COMMENTATOR: It is Australia who are celebrating! China started strong, leading 25-17 at quarter time. But Aussie Xavier Cooks led a fierce comeback, shooting 30 points and collecting nine rebounds, earning him the title of MVP. And there seriously couldn't have been a tighter finish. Just as the final buzzer went off, China missed a shot that would have won them the game, leaving Australia with a 90-89 victory. COMMENTATOR: An unbelievable finish. The 2025 AFLW season kicked off last week, and so did a new trick. Yeah, 19-year-old Ash Centra from Collingwood, pulled out this move in the warm-up before their season-opener to Carlton, and since then, a lot of people have been trying to do it, with some success, kind of? FOOTY PLAYER: No, I'm not doing it on camera. But despite the epic warmup, Carlton did end up beating Collingwood by 24 points. Now, the moves from these athletes in China weren't quite so graceful but give 'em a break, okay, they're robots. For the first time ever, humanoid robots from all over the world, competed in their very own games, which featured, soccer, boxing, running, and ahh, lots of falling over. Lots. Luckily though, they did bring their own cheer squad. Young Rapper Reporter: Rylie INTRO: Finally, we're going to meet another winner of this year's Heywire competition — which asks young people in regional areas to share their stories. Rylie's going to tell us how music helped to transform his life. Check it out. Mum and I were homeless. We lived at a caravan park, in motels and tents around Warrnambool. It wasn't pretty. I'm First Nations, and I remember feeling like, my own country is failing me right now. So, we camped right along here. I remember pitching a tent right here and this was actually around the same time I started to get into music which was a good way for me to have something to look forward to. I was raised by the SoundCloud era, listening to a lot of trap music. When I was in school, I'd rap along to songs by Juice World, then I started to make my own. My first track was recorded on my phone. It was bad but a lot of fun to make. Some kids in my school heard it and shamed me. That put me off music for the next couple of years, until a friend of mine bought a microphone and encouraged me to give it another go. There was something about that mic and the energy of the crew around me that gave me confidence. It lit a fire in me. Over time, I was able to focus my flow. My songs are about escapism, living the life, being a success. I rap about stuff that takes me to a better place in my head. I'm manifesting my future. My stage name is Hundo Milli, it's short for hundreds of millions. Money's not really the end goal; it's more about having the freedom to dream big. Mum taught me to never stop believing. Even when times were tough, she kept pushing for us to get housing and eventually we did. We're some of the lucky ones. Today, I'm in a Melbourne studio recording my next single. I remember living in my tent dreaming about this very moment and now I'm here, doing what I love. Ain't nothing going to stop me. Closer Well, that's all we've got for you today, but we'll be back before you know it. In the meantime, you can head to our website, there's plenty to see and do. You can also catch Newsbreak every weeknight and there's BTN High for all you highschoolers out there. Have an awesome week and I'll see you next time. Bye.THE BATTLE OF THE PHILIPPINE SEA Occured in the Philippine Sea and Marinas The battle engaged the bulk of thepagan American forces, and prevented the Japanese from reinforcing, their fleet in the •Marianas. •A month after, the Japanese LOST THEIR 4 best aircraft carriers in the Battle of Midway, an island northwest of Pearl "Harbor. 1. The Batle of the Philipine Sea lasted just one day June 19- June 20 1944 3. is also called the "Marianas Turkey Shoot” The Battle of the Coral Sea The Coral Sea is Between New Guinea and Australia The Japanese Were Trying to Attack Australia! The U.S. Navy and the Japanese Navy Fought! Nobody Won! U.S. Was Able to STOP the Attack on Australia! (Victory!) The American fleet defeated the Japanese. American planes bombarded Japanese installation in Manila from the air. Air strikes were also carried out in the Visayas. Battle of Okinawa: Battle Details The attack on Okinawa took heavy toll on both sides of the fighting... The Americans lost 7,373 men killed and 32,056 wounded on land. At sea, the Americans lost 5,000 killed and 4,600 wounded. The Japanese lost 107,000 killed and 7,400 men taken prisoner. The Japanese may have lost another 20,000 dead as a result of American tactics whereby Japanese troops were incinerated where they fought. The Americans also lost 36 ships. 368 ships were also damaged. 763 aircraft were destroyed. The Japanese lost 16 ships sunk and over 4,000 aircraft were lost. battle facts -the japanese launched fierce kamikaze attacks l-arge amouunts of civillian deaths -japanese soldiers using civilians as human shields Americans ended with more triumphs in the battles like in: General MacArthur and the Allies next turned to the Island of Iwo Jima The island was critical to the Allies as a base for an attack on Japan It was called the most heavily defended spot on earth Allied and Japanese forces suffered heavy casualties IWO JIMA American soldiers plant the flag ol the Island of Iwo Jima after their victory Battle of Leyte Gulf "Second Battle of the Philippine Sea". Time: October 23 - 26, 1944 during WW. Location: Leyte Gulf in Philippines (East coast), Philippine islands of Leyte, Samar, and Luzon. Largest naval battle in WWII. Leyte was secured and was liberated from the hands of the Japanese Americans decided to launch their attack in Leyte since the weak side of the Japanese fleet was in Visayas. Heavy bombing at the Leyte beaches cleared the way for the landing in Palo, Leyte. Leading the American troops were General Douglas MacArthur and President Osmeña, who took over after the death of President Quezon in Saranak Lake in New York. the battle for the liberation of manila The commonwealth government capital was transferred from tacloban to Manila. Manila once again became the seat of the national leadership. ON july 4, 1945, general macarthur announced the total liberation of the Philippines • The Commonwealth government capital was transferred from Tacloban to Manila. Manila once again became the seat of the national leadership. On July 4, 1945, General MacArthur announced the total liberation of the Philippines. Americans surprised the Japanese with the landing of troops in Lingayen Gulf in Pangasinan. • The Filipino guerillas had already cleared the area and neutralized many of the Japanese forces. The first target was the UST, which was used by the Japanese as a camp for civilian prisoners of war, and they were able to free them. • More than 1000 POWs from Bataan and Corregidor were also freed from the Bilibid Prisons. • The battle of Manila was recorded as the fiercest urban fighting in the entire Pacific War. WATERLOO DAILY COURIER-NEWSPAPER “PEACE! WAR ENDS; JAPANESE ACCEPT ALLIED TERMS. ON EMPEROR" On August 6, due to persistent refusal of Japan to yield, another atomic bomb was dropped in the shipbuilding city of Nagasaki. On August 15, V-J Day (Victory in Japan), Emperor Hirohito finally admitted defeat and on September 3, 1945 the document of surrender was signed on board of the U.S. battleship Missouri in Tokyo Bay. With the liberation of the Philippines, the Americar troops moved on to finally end the war in Asia. The Japanese cities of Tokyo, Osaka, Nagoya and Kure were bombed. In July 26, the allies demanded surrender but the Japanese continued to hold on to their belief that surrender is a dishonor. Atomic bomb was dropped on the populous city of Hiroshima, 60% of the city was destroyed. It was estimated that there were more than 80 000 people died on the spot and more than 37 000 suffered severe injuries. Today, the HIROSHIMA SHRINE serves as a reminder of th horrors of war and the need to preserve PEACE in the world. THE POSTWAR PHILIPPINE COMMONWEALTH-• Philippine Commonwealth resumed. Osmeña was confronted with a war - ravaged country with no financial resources for PROBLEMS • Poverty • Destruction of Properties • Unemployment • Price Increase • Hoarding • Graft and Corruption HINDRANCES -Rehabilitation of INDUSTRIES COULD NOT BE DONE BECAUSE OF LACK OF FUND -RAILWAYS WERE DESTROYED THAT LED TO SLOW PRODUCTION AND TRANSPORTATION SOLUTION -PCAU (Philippine Civil Affairs Unit) was established by MacArthur to provide emergency relief in areas liberated by the Americans. - It organized food distribution centers. CHALLENGES TO INDEPENDENCE • On April 30, 1946, the Philippine the US President. BIASED AGREEMENTS: Rehabilitation or the Tydings Act of 1946, passed by the US Congress, was approved by Commission • This Act created the US Philippine War Damage The Act also provided for the transfer of $100,000,000 surplus property of the United States to the Philippines. The Philippine Armed Forces received large quantities of valuable military equipment and supplies. BIASED AGREEMENTS: • The United States Congress offered $800 million for post World War Il rebuilding funds if the Bell Trade Act was ratified by the Philippine Congress Parity rights granting U.S. citizens and corporations rights to Philippine natural resources equal to (in parity with) those of Philippine citizens The Philippines used to celebrate its Independence Day on July 4, and not June 12, by virtue of the Truman Proclamation in 1946. In the early 1960s, however, the Philippine Historical Association lobbied to bring back June 12 as our Independence Day. In 1962, President Diosdado Macapagal issued a proclamation to make the change official. DECLARATION OF PHILIPPINE INDEPENDENCE • On July 4, 1946, the Americans granted independence to the Philippines.20. Ang unang yugto sa pagbuo ng Community-Based Disaster Risk Reduction Management (CBDRRM) Plan ay tinatawag na ________. A. pagtugon sa sakuna B. paghahanda sa pagtugon C. pagsasaayos at pagbangon D. pagtataya ng panganib at paghahanda ANSWER: D 21. Ang gawaing ito ay isinasagawa upang maging handa ang komunidad at maiwasan ang malawakang pinsala nito sa pamamagitan ng aktibong pakikibahagi ng mamamayan. Ito ay nakapaloob sa _______. A. Philippine Disaster Risk Management B. Philippine Disaster Risk Reduction Management Council C. Community Preparedness and Risk Management Approach D. Community-Based Disaster Risk Reduction Management Approach ANSWER: D 22. Bahagi ng rehabilitasyon at pagbawi mula sa kalamidad ang mga hakbang at gawain na nakatuon sa pagsasaayos ng mga nasirang pasilidad at estruktura. Ano ang pangunahing gampanin ng yugtong ito? A. Mabigyan ng sapat na proteksiyon ang mga nasalanta ng kalamidad. B. Manumbalik sa dating kaayusan at normal na pamumuhay ang mga nasalantang komunidad. C. Makapagbigay ng mga inaasahang serbisyong panlipunan at paglilingkod sa pamahalaan. D. Maipagkaloob sa mga nasalantang komunidad ang mga pangunahing pangangailangan at gamot. ANSWER: B 23. Alin sa sumusunod na mga sitwasyon ang nagpapakita ng Top-Down Approach sa pagbuo ng Disaster Risk Reduction and Management (DRRM) Plan? A. Pinamunuan ni Kerwin, isang lider ng Non-Government Organization (NGO) ang pagtukoy sa mga kalamidad na maaaring maranasan sa kanilang komunidad. B. Ipinatawag ni Kapitan Capin ang kaniyang mga kagawad upang bumuo ng plano kung paano magiging ligtas ang kaniyang nasasakupan mula sa panganib ng paparating na bagyo. C. Hinikayat ni Albert ang kaniyang mga kapitbahay na maglinis ng estero upang maiwasan ang pagbara nito na maaaring magdulot ng malalim at matagalang pagbaha sa darating na tag-ulan. D. Nakipag-usap si Kelly sa mga may-ari ng malalaking negosyo sa kanilang komunidad upang makalikom ng pondo sa pagbili ng mga first aid kit at iba pang proyekto bilang paghahanda sa iba’t ibang kalamidad. ANSWER: B 24. Bakit mahalaga ang pagkakaroon ng community engagement o kolaborasyon sa pamayanan at iba pang katuwang na sektor? A. Makatutulong ito upang makalikom ng mas maraming pondo. B. Magiging makabuluhan ang plano kung ang gagawa nito ay ang mamamayan. C. Malaki ang posibilidad na maging matagumpay ang proyekto kapag pinagplanuhan. D. Mas magiging komprehensibo at matagumpay ang plano kung binubuo ito ng iba’t ibang sektor. ANSWER: D 25. Sa pagbuo ng CBDRRM Plan, ano ang PINAKAMABISA mong nararapat gawin bilang mamamayan ng isang lugar upang maging handa sa pagdating ng iba’t ibang panganib at kalamidad? A. Maging aktibong kabahagi sa pagbubuo ng plano para sa buong pamayanan. B. Makibahagi sa gawaing panrehabilitasyon at tulungan ang mga naapektuhan. C. Magsagawa ng personal plan para matugunan ang pangangailangan ng lipunan. D. Magkaroon ng planong pampinansiyal upang matustusan ang pangangailangan ng mga tao. ANSWER: A 26. Ang pinuno ng mga bansang kasapi ng organisasyon ay nagpupulong-pulong upang magtulungan para sa kapakanan ng kanilang pangangailangan. Anong anyo ng globalisasyon ang tinutukoy nito? A. ekonomiko B. kultural C. politikal D. teknolohikal ANSWER: C 27. Alin sa sumusunod ang buhay na manipestasyon ng globalisasyon? A. ekonomiko B. OFWs C. sosyo-kultural D. teknolohikal ANSWER: B 28. Ang brain drain ay tumutukoy sa mga propesyonal na manggagawa, samantalang ang brawn drain ay tumutukoy sa ___________. A. construction workers B. domestic workers C. overseas workers D. skilled workers ANSWER: A 29. Alin sa sumusunod ang negatibong epekto ng paglitaw ng maraming multinational companies at transnational companies? A. pagkakaloob ng hanapbuhay B. pagbaba ng presyo ng produkto C. pagdami ng produkto at serbisyo D. pagkalugi ng multinational companies at transnational companies ANSWER: D 30. “Ang globalisasyon ay laganap na noon pa man at naging mas malawak sa kasalukuyang panahon.” Ang mahihinuha natin sa pahayag na ito ay _______. A. ugnayan ng mga bansa sa daigdig na walang pagitan o hadlang B. suliraning panlipunan na pumipigil sa kaunlaran ng mga bansa sa daigdig C. bagong anyo ng malayang kalakalan, pagpapalitan ng produkto, impormasyon at tao, dahil sa pag-unlad ng teknolohiya sa komunikasyon at transportasyon D. isyung panlipunan na tumatalakay sa pamahalaan, ekonomiya, relihiyon, teknolohiya, kapaligiran, komunikasyon at kultura ng mga bansa sa daigdig ANSWER: C 31. Alin sa dalawang pahayag ang nagsasaad ng PINAKAANGKOP na konsepto ng globalisasyon? I. Ang globalisasyon ay proseso ng mabilisang pagdaloy o paggalaw ng tao, bagay, impormasyon at produkto sa iba’t ibang direksiyon na nararanasan sa iba’t ibang panig ng daigdig. II. Ang globalisasyon ay may iba’t ibang pagkakakilanlan tulad ng ekonomiko, teknolohikal, sosyo-kultural at politikal. A. Mali ang nilalaman ng una at ikalawang pahayag. B. Tama ang nilalaman ng una at ikalawang pahayag. C. Tama ang nilalaman ng una at mali ang ikalawang pahayag. D. Mali ang nilalaman ng una at tama ang ikalawang pahayag. ANSWER: B 32. Alin sa sumusunod na mga pahayag ang nagsasaad ng dahilan sa pag-usbong ng globalisasyon? A. pagbuti ng mga lokal na kompanya sa presyo at kalidad ng serbisyo at produkto upang maging kompetitibo laban sa mga banyagang kompanya B. pagpapalitan ng impormasyon at teknolohiya at paggalaw ng mga tao dulot ng migrasyon C. pagbaba ng sahod ng mga manggagawa at pagdami ng mga taong walang trabaho dahil nalulugi ang maliliit na negosyo D. paglaganap ng biological weapons dulot ng mabilis na pagkalat ng impormasyon sa iba’t ibang panig ng mundo at pagdami ng pamilihan ng materyales na ginagamit dito ANSWER: B 33. Alin sa mga sektor ng manggagawa ang madalas nakararanas ng pang-aabuso at hindi pantay na oportunidad sa pagtratrabaho? A. agrikultura B. industriya C. pamahalaan D. serbisyo ANSWER: A 34. Ano ang tawag sa anyo ng subcontracting kung saan ang mga subcontractor ay may sapat na puhunan para maisagawa ang trabaho ng mga manggagawang ipinasok nila? A. iskemang subcontractor B. job mismatch C. job contracting D. labor-only contracting ANSWER: C 35. Bakit hindi maitaas ang pasahod, maipagkaloob ang kasiguraduhan sa trabaho, at madagdagan ang benepisyo ng mga manggagawa sa bansa? Ito ay dahil_____ A. sa sistema ng kontraktuwalisasyon. B. puro regular na ang mga manggagawa. C. mataas na ang pasahod sa ating manggagawa. D. marami ang benepisyong natatanggap ng ating manggagawa. ANSWER: A 36. Bilang tugon sa suliraning nararanasan ng mga manggagawa, mayroon silang karapatang hindi dapat malabag upang masabi na sila ay may disente at marangal na hanapbuhay. Alin sa sumusunod ang HINDI kabilang sa mga karapatan ng manggagawa? A. Karapatan sa pantay na suweldo para sa parehong trabaho. B. Karapatang sumali sa marahas at mapanganib na uri ng unyon. C. Karapatang maging ligtas at malayo sa panganib ang kalagayan ng pagtatrabaho. D. Karapatan na makatanggap ng sapat at karapat-dapat na suweldo para sa makataong pamumuhay. ANSWER: B 37. Halos mapudpod na ang sapatos ni Justin sa paghahanap ng trabaho ngunit hindi pa rin siya natatanggap. Maraming job fairs na rin ang kaniyang pinuntahan ngunit bigo siyang makakuha ng trabaho. Bakit kaya ito nangyayari kay Justin? A. Kulang pa ang kaniyang lakas ng loob. B. Kulang siya sa aspekto ng personal relations kaya hindi siya nagugustuhan. C. Hindi kaaya-aya ang kaniyang pisikal na kaanyuan kaya hindi siya natatanggap sa trabaho. D. Biktima si Justin ng job mismatch kung saan hindi tugma ang kaniyang kakayahan at kasanayan na hinahanap ng mga kompanya. ANSWER: D 38. Ayon sa tala ng Department of Labor and Employment (DOLE), maraming job fairs noong 2010 ngunit kakaunti lamang ang mga natanggap na kalipikadong aplikante mula sa maraming bilang ng mga nag-apply. Alin ang HINDI angkop na dahilan nito? A. Ang mga aplikante ay hindi interesado sa mga trabaho sa bansa. B. Kapansin-pansin ang patuloy na paglaki ng bilang ng job skills mismatch ng mga aplikante sa bansa. C. May patuloy na mismatch sa kasanayan at kakayahan mula sa tinapos na kurso at sa hinihinging kalipikasyon ng mga employer. D. Maraming kurso sa higher education institutions sa bansa ang hindi na tumutugon sa pangangailangan ng mga pribadong kompanya na nagtatakda ng mga pamantayan sa pagpili ng mga manggagawa. ANSWER: A 39. Alin ang angkop na salita na tumutukoy sa sitwasyon kung saan inaako na ng lalaki ang mga gawain sa tahanan dulot ng migrasyon? A. helper B. house boy C. house father D. house husband ANSWER: D 40. Ang sumusunod ay mga ahensiya ng pamahalaan na nangangalaga sa kapakanan ng migrante MALIBAN sa __________________. A. Commission of Filipino Overseas B. Philippine Overseas Labor Offices C. Department of Labor and Employment D. Department of Science and Technology ANSWER: D 41. Isang epekto ng migrasyon ay ang pagtanggap o pagpapadala ng mga lakas-paggawa sa ibang bansa. Alin sa sumusunod ang HINDI nagpapakita ng magandang benepisyo ng brain gain? A. Malaki ang posibilidad ng promotion ng manggagawa. B. Gastusin ng kompanya ang pagpapadala ng manggagawa sa ibang bansa. C. Maaaring magtrabaho sa ibang bansa ang empleadong ipinadala upang matuto. D. Magiging asset ang migranteng manggagawa sa nagpapadala at tumatanggap na bansa kahit saan man sa mundo. ANSWER: B 42. Matagal na naghanapbuhay si Ginoong Pascual sa Australia, kaya sa kaniyang pag-uwi sa pamilya ay hindi siya pinansin ng kaniyang mga anak at nagtago ang mga ito sa kuwarto. Ano ang iyong mahihinuha rito? A. Malaki ang takot ng mga anak sa kanilang ama. B. Walang pasalubong si Ginoong Pascual sa mga anak. C. Hindi kilala si Ginoong Pascual ng kaniyang mga anak. D. Nagkakahiyaan ang mag-aama sa kanilang pagkikita. ANSWER: C 43. Paano nakaaapekto ang pangingibang-bansa sa estado ng ekonomiya ng bansa? A. Madaragdagan ang populasyon ng bansa. B. Mapananatiling matatag ang palitan ng piso at dolyar. C. Mahihirapan ang mga Pilipino na makisama sa mga dayuhan. D. Mas maraming papasok sa bansa na mga imported na produkto. ANSWER: B 44. Marami sa mga OFW na nasa Middle East ang napag-alamang nakararanas ng mga pang-aabuso mula sa kanilang mga amo tulad sa Saudi Arabia. Kung ikaw ang ambassador ng Pilipinas sa Saudi, alin ang pinakamabisa mong gagawin upang matulungan at maprotektahan sila? A. Pababayaan sila hanggang matapos ang kanilang kontrata. B. Maglulunsad ng rally sa embahada ng Saudi Arabia sa Pilipinas. C. Hihingi ng tulong pinansiyal at pauuwiin ang mga manggagawa sa Saudi. D. Maglilikom ng mga ebidensiya ng mga pang-aabuso at isusuplong ang mga amo sa kinauukulan. ANSWER: D 45. Alin sa sumusunod ang konseptong tumutukoy sa slavery? A. pang-aalipin B. sitwasyong payapa C. sapilitang pagtatrabaho D. pagpupuslit ng mga tao ANSWER: A 46. Kung ikaw ay opisyal ng pamahalaan na nangangalaga sa kapakanan ng mga OFW, alin sa sumusunod ang dapat mong gawin sa mga kaso ng pang-aabuso sa mga Pilipino? A. Pauuwiin ang lahat ng OFW at bibigyan na lamang ng trabaho sa Pilipinas. B. Pababayaan na lamang ang mga OFW dahil isolated cases lang naman ang mga ito. C. Ipauubaya na lamang ang mga gagawing aksiyon sa pamahalaan ng bansa kung saan nagtatrabaho ang mga OFW. D. Magtatatag ng mga mekanismo upang ma-monitor ang kalagayan ng mga OFW at gagawa ng kaukulang hakbang kung may pang-aabuso. ANSWER: D 47. Bilang isang mag-aaral sa kasalukuyan, alin sa sumusunod ang maaari mong magawa upang masigurong makaaangkop ka sa pangangailangan ng ating bansa na umunlad sa kabila ng globalisasyon? A. Magpalipas ng panahon at umasa na lamang sa pamilya. B. Tumigil sa pag-aaral at magtrabaho na upang kumita ng pera. C. Magsumikap sa pag-aaral upang makatapos at magkatrabaho. D. Maging layunin ang makapagtrabaho sa ibang bansa upang yumaman. ANSWER: C 48. Alin sa sumusunod na mga pangungusap ang tumutukoy sa konsepto ng fair trade? A. Itinatakda ng mga bansa ang pamantayan ukol sa mga kakayahan ng mga manggagawa. B. Ang mayayamang bansa ay nagbibigay ng tulong sa pinakamahihirap na tao sa mundo lalo na sa Aprika at Asya. C. Sinisiguro ng mga bansa ang patas o pantay na kalakalan gaya ng pagbabantay sa tamang presyo ng mga produkto. D. Ang pamahalaan ay nakikialam sa kalakalang panlabas na may layong protektahan ang mga lokal na namumuhunan. ANSWER: C 49. Marami sa mga pamilya ng OFWs ay nakararanas ng pangungulila sa kanilang kaanak na humahantong sa pagkawasak nito. Paano kaya sila matutulungan? A. Makisimpatiya sa kanila. B. Bigyan sila ng sulat isa-isa. C. Bigyan sila ng load pantawag sa kanilang kaanak. D. Magtayo ng isang samahan ng mga pamilya ng OFW upang gumabay sa kanila. ANSWER: D 50. Sa Pilipinas ay marami ang nangangarap na mangibang-bansa dulot ng kahirapan sa buhay. Nangangamba naman ang mga ekonomista dahil naaapektuhan ng brain drain at brawn drain ang ekonomiya. Bilang ekonomista, ano ang maaari mong gawin upang masolusyunan ang isyung ito? A. Pigilan ang mga nais mangibang-bansa. B. Hayaang umalis ang mga nais na magtrabaho sa ibang bansa. C. Bigyan ng suportang pinansiyal ang mamamayan na walang trabaho. D. Gumawa ng isang development plan na tutugon sa mga isyu ng migrasyon. ANSWER: DSource 1 - Australian Parliament Stolen Wages Report 2007 Common features of the protectionist regimes 2.4 By 1911 the Northern Territory and every state except Tasmania had a protection Act, giving the Chief Protector or Protection Board extensive power to control Indigenous people. In some states and in the Northern Territory, the Chief Protector was made the legal guardian of all Aboriginal children, displacing the rights of parents 2.5 Many protection Acts included powers to direct Indigenous people to live on reserves. The management of the reserves was delegated to government appointed managers or missionaries in receipt of government subsidies. Enforcement of the protectionist legislation at the local level was the responsibility of 'protectors' who were usually police officers. 2.6 In the name of protection, Indigenous people were subject to near-total control. Their entry to, and exit from, reserves was regulated as was their everyday life on the reserves, their right to marry and their employment. With a view to encouraging the conversion of the children to Christianity and distancing them from their Indigenous lifestyle, children were housed in dormitories and contact with their families was strictly limited.Multiple choice quiz on this reading: By 1900, the United States had claimed its place as a world power through the Spanish-American War. As the new century began, the country governed subject territories in Puerto Rico, Hawaii, Guam, the Wake Islands, and the Philippines. U.S. troops also occupied Cuba. U.S. businesses reached beyond the country's borders. During the first decade of the new century, the Coca-Cola Company, Quaker Oats, AT&T, the Standard Oil Company, Du Pont, General Electric, and Ford Motor Company seized the opportunity for international sales. After finding international markets, they built factories abroad, taking advantage of lower labor costs in foreign countries. Then they asked for U.S. protection of their investments and interests. Foreign countries invested heavily in Central America. U.S. investors focused on banana plantations and mining, as well as railroads, with little money in government bonds. By 1913, U.S. investments in Central America totaled about $93 million. British investment in Central America peaked at about $115 million in 1913. About $75 million of that total represented railroad holdings, mostly in Costa Rica and Guatemala. The other $40 million was in government bonds, which were worth little or nothing. The Roosevelt Corollary to the Monroe Doctrine From its earliest days, the United States claimed a special interest in the Western Hemisphere. The Monroe Doctrine, issued in 1823, warned European powers to keep their hands off Latin America. In 1902, Britain, Germany, and Italy mounted a naval blockade of Venezuela. They wanted to force the government to repay its debts. All the countries involved eventually agreed to settle the matter by arbitration. The United States stood back and did nothing, but U.S. citizens were clearly uneasy with the appearance of European military forces in "their" hemisphere. In 1904, President Theodore Roosevelt issued a corollary to the Monroe Doctrine, saying that the United States would act as a police officer to keep order in the region. He intended both to keep European military forces out of the hemisphere and to protect U.S. and European investors, exerting whatever pressure or control on Latin American governments that might be necessary to these ends. In 1905, the Dominican Republic owed $40 million in debts to European lenders. In order to prevent the European nations from using military force to collect their debts, Roosevelt used U.S. power. The United States basically took over collection of Dominican customs taxes, declared that $20 million of the debt was unjustified, and began repayment of the rest. Building a Canal The United States needed a canal through Central America, in order to save shipping time and costs. Colombia had the best location for a canal, and the United States negotiated a deal. It would pay Colombia $10 million for a three-mile-wide strip of land and would make annual rental payments of $250,000 yearly, beginning in 1912. Colombia's Senate turned down the deal, and Roosevelt exploded in rage, calling its members "foolish and homicidal corruptionists." Roosevelt considered seizing the land for the canal by military force but soon found an easier way. The province of Panama seceded from Colombia. A U.S. gunship stood off shore, protecting the Panamanian rebels. They formed a new republic under the protection of the United States. The new country of Panama and the United States agreed on a canal treaty within days. The new treaty had similar terms except that the Canal Zone would be five miles wide, instead of three, and the United States would guarantee and maintain the independence of Panama. Revolutions While Roosevelt welcomed the revolution that separated Panama from Colombia, he opposed most other revolutionary activity. So did his successors in office, William Howard Taft and Woodrow Wilson. The U.S. presidents sent troops to put down revolutions in Nicaragua and Haiti, using U.S. military forces to set up new governments in those countries and maintaining military occupations for years. U.S. military interventions were frequent throughout the hemisphere. Dollar Diplomacy President Taft preferred using "dollar diplomacy" to control Latin American countries. In Honduras, for example, U.S.-based banana companies virtually ran the government. Taft supported expanded U.S. investment in South and Central American countries, the Caribbean, and the Far East. He ordered Secretary of State Philander Chase Knox to protect U.S. investments, sending in military troops if necessary. On the World Stage As a world power, the United States did not limit its involvement to the Western Hemisphere. In 1905, President Roosevelt brought Russia and Japan to the negotiating table to end their war over control of Korea and Manchuria. Roosevelt agreed to Japanese annexation of Korea in return for Japan giving up any claim to China, Hawaii, and the Philippines. Roosevelt won the Nobel Peace Prize for settling this dispute. In 1906, Roosevelt's negotiating powers were tested again. This time, he mediated a dispute between the Alliance powers—Germany, Austria-Hungary, and Italy—with the Entente—France, Russia, and Britain—over control of Morocco. The United States backed France and ended the dispute. No longer an upstart, the United States had taken its place as a world power alongside its former colonial ruler.Australia Government SS6CG7