Media
2 features of "Problem"
Can be easily solved
No debate needed
2 features of "Issues"
No clear solution/interpretation
Great dialogue needed
Controversial
What is "Big Mac Index"?
a survey that measures purchasing power parity (PPP) between nations, using the price of a McDonald's Big Mac as the benchmark.
What is the first era of globalization
The dynamic force in this era was countries globalizing for resources and imperial conquest.
What criteria for the 5 world model involves having (or previously had) a communist government?
2nd world
What form of grouping countries is based off of globalization?
Core/Periphery
What/When is the third era of globalization
2000s to Present
People started integrating and sharing cultures.
What form of grouping countries is based on an index measured by social development?
Dubai
Range of political approaches that deliberately to “the people”, often juxtaposing
This group against the “elite”
Populism
What is NAFTA
This trade deal removes tariffs between Canada, The United States, and Mexico
What/When was the second era of globalization
The 1800s to 2000s
When companies started globalizing for markets and labours.
A view that believes integration is much less significant than the late 19th century Talks of globalization are exaggerated.
Skeptical View
What is “setting the agenda”?
It leads the public to perceive certain issues more important by releasing certain issues more than others.
What Is jargon?
Use of words that people don’t know or is complicated to understand.
What countries are considered as Newly Industrialized Countries in the three world model?
Name 4 countries from Asia, 1 from Africa and 1 from South America.
China, India, Malaysia, Philippines, South Africa, Brazil
A convention between two or more countries in order to reduce obstacles to imports and exports.
Trade Agreement
What is Influences of worldview?
Culture/place of origin, media types, stereotypes, friends/family, location, and school all have an effect on one's opinion.
What is the Golden Arches Theory
This theory, proposed by Thomas Friedman, says that countries that have a certain fast-food chain will never go to war
Who are the “winners” and “losers” of globalization?
Name 3 for each, explain why they are winners/losers.
Answer may vary
Winners
- Companies that need investment/expansion
- developed country
- most of developing countries
- China-investment
- Company - short term
Losers
- Countries that are not participating
- Companies that provides technology
- Company - long term
- Underdeveloped countries
- one-way connection
It is an Asian country mentioned in this course as being a favorable location to textile MNC’s due to a cheap and vast labor force, less environmental regulations, and quick returns to investors
Bangladesh