Economy
What is globalization in terms of trade?
The increasing exchange of goods and services between countries.
What is cultural globalization?
The spread of ideas, values, and traditions across countries.
How does globalization affect the environment?
Increased pollution due to transport and production.
Name one benefit of globalization for developing countries.
Job creation / foreign investment / access to markets.
Name a global cultural influence.
Hollywood movies / fast food / social media.
Name one environmental problem linked to globalization
Climate change / deforestation / pollution.
What is outsourcing?
Moving jobs or production to another country where costs are lower.
What is cultural homogenization?
Cultures becoming more similar due to globalization.
What is a carbon footprint?
The total amount of greenhouse gases produced by activities.
How can globalization harm local businesses?
They may not compete with large multinational companies.
How can globalization threaten local cultures?
Traditional customs and languages may disappear.
How do multinational companies impact the environment?
They may exploit natural resources or cause pollution.
Explain one economic inequality caused by globalization.
Wealth gap increases between rich and poor countries or within societies.
Explain the concept of cultural hybridization
Mixing of different cultures to create new cultural forms.
Explain how globalization can both harm and help the environment.
Harm: pollution, overuse of resources. Help: global cooperation, green technology sharing