Globalization and Breaking Stereotypes

Anti-capitalism is ...

• an extensive collection of ideologies, movements and attitudes that are opposed in whole, or in part, to capitalism.

• an extensive collection of ideologies, movements and attitudes that are opposed in part, to production.

According to Oxford dictionary, globalization is defined as ...

• ​the fact that different cultures and economic systems around the world are becoming connected and similar to each other because of the influence of large multinational companies and of improved communication

• the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets

• ​the fact that different cultures around the world are becoming connected and similar to each other because of the influence of large multinational companies and of improved communication

According to Webster's dictionary, globalization is defined as ...

• the fact that different cultures and economic systems around the world are becoming connected and similar to each other because of the influence of large multinational companies and of improved communication

• the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets

• the underdevelopment of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets

The term globalization did not have an formal definition until 1951

• True

• False

International Baccalaureate (IB) syllabus uses the ...

• Webster definition of globalization

• Oxford definition of globalization

• International Monetary Fund (IMF) definition of globalization

Which dictionary was the first to include a definition for globalization?

• Oxford dictionary

• Merriam and Webster's dictionary

There are more than 3,000 schools in over 130 countries following its courses and curriculum

• True

• False

In what year did the first articles about globalization appear in The Economist?

• 1985

• 1995

• 2005

There was a dramatic rise in the mid 1990s compared with the 1980s in articles mentioning globalization in The Economist.

• True

• False

What are the components of the global economy (Peter Dickens)

• National Economy

• Local Economy

• Transnational coportations

• Nation - States

• Technology