Globalization Quiz #1

The process by which the world is becoming increasingly interconnected as a result of increased trade and cultural exchange.

• Innovation

• Exploration

• Globalization

• Human Rights

Which of the following is NOT a reason for the increase in globalization in the 20th century?

• Innovations in Communication Technology

• Innovations in Transportation

• Free Trade Agreements

• High wages earned by people in the developing world.

An innovation is

• a traditional way of doing things.

• a new and improved method or technology.

• a waste of time and energy.

In the 20th and 21st centuries, the speed of innovation has accelerated.

• True

• False

Which of the following has caused the pace of globalization to increase since World War II? (check all that apply)

• Cell-phones

• Newspapers and the printing press

• The Internet

• Containerization and container ships

• Highly skilled labor in developing nations where people can work for lower wages.

A tax on goods coming into or out of a country.

• Standard of Living

• Import

• Quota

• Tariff

A good or service that is sent out of a country.

• Export

• Import

• Free Trade Agreement

• Standard of Living

One's level of wealth and material comfort.

• Import

• Free Trade

• Standard of Living

• Tariff

A business that owns or controls the production of goods or services in one or more countries other than their home nation.

• Apparel Industry

• NGO

• World Trade Organization

• Multinational Corporation

The exchange and spread of culture between different groups of people.

• Economics

• Modernization

• Political Science

• Cultural Diffusion