MID TERM EXAMINATION CONTEMPORARY WORLD

What is Globalization?

• The process of someone trying to take over the world

• The process by which people their ideas and their activities in different parts of the world become interconnected

• When we all do they same thing

• Never heard of it

Globalization does it help connect the world

• True

• False

Examples of Globalization are

• Internet

• Selling local products in the global market

• Attending lectures by a British professor teaching in an American University

• All of the above

What was a key thing to have in Globalization

• Power

• Food

• Transportation

• Sponsorship

Communications slowed down transportation of goods

• False

• True

What is a transnational company

• Moving across the world

• Large global firms that operate in a number of countries

• Getting a job from a company that in a different country than you are in

• Selling goods to countries

Which Company is a transnational company

• Whole Foods

• Aflac

• Cummins

• Microsoft

Is globalization always good

• Yes

• No.

What is 1 of the impacts of globalization

• Popularity impact

• Increase water flow impact

• Apparel impact

• Social impact

What is the 1 bad effect of social globalization

• You lose your income

• You get a strong bond with other cultures

• Loss of Local Culture

• Deforestation