Global Economic History
Economic Liberalization
Knowledge Economies
Manufacturing Shifts
Multinational Corporations
100

What term describes the interaction among people, governments, and companies in the global economy?

What is globalization?

100

What term describes the opening of a country's economy?

What is economic liberalization?

100

In which region is Silicon Valley located, known for its concentration of technology companies?

What is California, United States?

100

Where are manufacturing plants increasingly located, shifting away from the US and Europe?

What is Asia and Latin America?

100

What term describes a corporation legally incorporated in one country but operating in others?

What is a multinational corporation?

200

Which leaders advocated for free-market economies in the 1980s?

Who are Ronald Reagan and Margaret Thatcher?

200

What did Deng Xiaoping encourage in China to promote economic growth?

What are reforms such as allowing factories to produce more and opening special economic zones?

200

What do workers in the knowledge economy primarily use to create value?

What is their knowledge?

200

What are Vietnam and Bangladesh known for in terms of exports?

What is clothing?

200

What type of economies do today's multinational corporations take advantage of?

What are knowledge economies and traditional manufacturing economies?

300

During which leader's rule did Chile transition towards a free-market approach?

Who is Augusto Pinochet?

300

What were the key aspects of economic policies in Japan post-World War II?

What are government coordination with large corporations, subsidies, and trade restrictions?

300

What is the term for the economic shift towards industries relying on technology, innovation, and collaboration?

What is the knowledge economy?

300

What is the term for the factories along the US-Mexico border encouraged by NAFTA?

What are maquiladoras?

300

Name one multinational corporation mentioned in the text that invested in the Indian economy.

What is Microsoft, Google, or Nestle?

400

What event in China symbolized a push for both economic and political reforms in 1989?

What is the Tiananmen Square protests?

400

What agreement encouraged the establishment of maquiladoras along the US-Mexico border?

What is NAFTA (North American Free Trade Agreement)?

400

Which country became a software and information technology powerhouse after opening its markets in the early 90s?

What is India?

400

What are workers in Vietnam and Bangladesh protesting against in recent years?

What are low wages and poor working conditions?

400

In which country did Mahindra & Mahindra operate as a multinational corporation?

What is India?

500

Which region became known as the "Asian Tigers" due to its rapid economic growth?

What are Hong Kong, Singapore, South Korea, and Taiwan?

500

Which trade organization succeeded GATT in 1995?

What is the World Trade Organization (WTO)?

500

Name one of the multinational corporations mentioned in the text that invested in the Indian economy.

What is Microsoft or Google?

500

What is the name of the trade agreement negotiated between the US, Canada, and Mexico?

What is NAFTA (North American Free Trade Agreement)?

500

What was the historical role of multinational corporations during the age of imperialism?

What is a means through which imperialist nations made their wealth?