The Global Economy Activity 2

Do you think the following points are facts or opinions? What is the difference between a fact and an opinion?

• There are severe environmental changes taking place in the world.
• Globalization is synonymous with Americanization.
• Only 20% of the world's population lives in rich countries, but they consume 86% of the world's resources.
• The more people are in debt, the richer the banks become.
• Debt repayments by developing countries are nine times as much as the aid they receive.
• The global economy puts no value on morality, only profit.
• Countries in the industrialized West exploit workers in poorer countries.

Please write down your answers in the comments section. Also read your colleagues' answer and comment on them with a re-post.