A Brief History Reading
China and rome, Transport luxury goods like silk.
The article mentions this revolution, characterized by rapid technological advancements, coinciding with ecological constraints and rising inequality, what is this called
The 4th Industrial revolution
Define the concept of "supply-chaining"
"a method of collaborating horizontally -- among suppliers, retailers, and consumers - to create value"(Friedman).
What is one environmental disadvantage that contributes to globalization?
Vehicle emissions (cars, airplanes, steamboats, etc.) emit significant amounts of carbon into the atmosphere, contributing to global warming.
Who is the author of The Rise of the Rest (hint: he was a CNN host and Washington Columnists who focuses on US Politics & views of the world)
Fareed Zakaria
This term refers to the current era of globalization characterized by digital technologies and interconnected economies.
Globalization 4.0
What does greed lead to?
A. Riches
B. Global Conflict
C. Happy unity
D. Healthy economies
B. Global Conflict
Define the concept of "offshoring."
..."When a company takes one of its factories operating in the US and relocates to a foreign country where the same product is produced, only with cheaper labor, lower taxes, subsidized energy, and lower health care costs"("The Ten Forces that Flattened the World," Friedman).
What does the International Monetary Fund do?
The International Monetary Fund provides global economic stability with short-to-medium term loans, policy advice, and government advice to its 191 country members.
TRUE or FALSE
The flattening of the world could usher in an amazing era of prosperity, innovation, and collaboration, by companies, communities, and individuals.
True
During the Middle Ages, Islamic merchants primarily traded these aromatic goods across the Mediterranean and Indian Ocean.
Spices
What is protectionism?
Define the concept of "outsourcing."
"... taking some specific function that your company was doing in-house - such as research or call centers - and having another company perform the same tasks for you and then reintegrating their work back into your overall operation"(Friedman).
Finish the sentence
As worldwide production and consumption increase, humans use more _______
a. babies
b. flashlights
c. fossil fuels
d. mercury
c. fossil fuels
What group is attempting to oppose the G8? List the country each letter represents as well.
BRICS (Brazil, Russia, India, China, South Africa)
This 19th-century innovation significantly reduced transportation costs, boosting global trade, is also credited as starting one of the Industrial revolutions
According to the article, these two major issues must be addressed for Globalization 4.0 to succeed: ________ and _______
Rising inequality and climate change
What date (month, day, and year) did the Berlin Wall fall?
November 9, 1989
What item did John Green use to symbolize the global economy through globalization?
A. A map
B. Traintracks
C. T shirt
D. A Timeline
C. T shirt
There are 3 stages of Globalization. Stages 1, 2, and 3. From your knowledge of "The World is Flat," A Brief History of the 21st Century, fill in the number 1, 2, or 3 in the blank spaces provided in the sentence below.
"Stage __ of globalization will be inspired by individuals/diverse groups of individuals. Stages __ and __ of globalization were driven by Europeans".
3, 1, 2
This 18th-century Scottish economist argued that globalization and free trade enhance prosperity by allowing nations to specialize in industries where they have a comparative advantages
Adam Smith
Has the peak of Globalization already happened? If so what time period
Mid 2000s
What year was YouTube officially launched?
December 5, 2005
How many People has globalization helped bring out of poverty. (Exact number in millions)
600 Million People
Who is the author of "The World is Flat"?(hint: his work focuses on foreign affairs, globalization, and the Middle East. He has received three Pulitzer Prizes in his 71 years of age)
Thomas L. Friedman