Define globalization in one or two sentences.
Wow ur so cool, good job
Identification:
What does privatization mean in the context of globalization?
Transfer of government-owned corporations to private ownership, making them profit-oriented.
Which type of globalization focuses on the flow of goods, services, and investments across nations?
A. Cultural globalization
B. Economic globalization
C. Political globalization
D. Social globalization
B. Economic globalization
Movement of people seeking work, safety, or opportunities globally?
Human Migration
Globalization comes from the root word ___ which means that actions that occur "accross political and cultural boundaries".
A. Nation
B. Globe
C. Culture
D. Society
B . Global
In the Philippines, privatization of services like electricity and water led to:
A. Lower prices for consumers
B. Higher costs because corporations became profit-driven
C. Complete elimination of services
D. Free universal access
Answer: B
The spread of music, films, and fashion worldwide is an example of:
A. Political globalization
B. Cultural globalization
C. Economic globalization
D. Environmental globalization
B. Cultural globalization
Manuel Castells argues globalization has led to:
A. Preservation of cultural diversity
B. Erosion of cultural diversity and unified global values
C. Greater independence of small local economies
D. Equal benefits for all countries
Answer: B
Acts as the main catalyst for Globalization?
A. Politics
B. Technology
C. Culture
D. Economy
B. Technology
What is deregulation, and what industries or resources does it often affect?
Streamlining/removing government control; basic commodities like oil, water, electricity.
The creation of organizations like the EU, ASEAN, and APEC is an example of:
A. Economic globalization
B. Political globalization
C. Cultural globalization
D. Zayd Hassan
Answer : B
Give one negative effect of cultural globalization mentioned in the text.
erosion of traditions, homogenization of culture, loss of indigenous practices.
What are two areas outside economics that globalization affects?
environment, culture, physical well-being.
Liberalization refers to?
A. Nationalizing private corporations
B. Creating new tariffs
C. Removing restrictions like tariffs and quotas on imports
D. Abolishing all international trade agreements
Answer: C
Compare economic globalization and cultural globalization. Give one example and one effect for each.
Good job :)
It is where iverse cultures coexist, enriching communities but requiring inclusivity?
Multicultural Society
Which statement BEST explains why information technology is central to globalization?
A. It isolates national economies from one another.
B. It allows faster trade, capital flows, and migration across borders.
C. It replaces all physical goods with digital goods.
D. It prevents international collaboration.
B.
List the three main elements of globalization policies.
privatization, deregulation, liberalization.
Name two technologies that have enabled cultural globalization to spread rapidly.
Expected: satellite communication, telecommunication networks, information technology, internet.
Essay :
Discuss one major argument for globalization and one major argument against globalization from the text. Conclude with your own opinion.