Historical Globalization Review

How many dimensions of globalization are there?

• 3

• 4

• 5

• 6

Which continent is Portugal found on?

• Europe

• Africa

• Asia

• South America

According to the laws of supply and demand, a shortage will cause

• lower prices

• higher prices

• surplus

• price stays the same

The Boers were

• descendants of Dutch-speaking Free Burghers

• Descendants of Italian-speaking Free Burghers

• Descendants of English-speaking Free Burghers

• Descendants of the Indigenous Africans

The Wealth of Nations was a book written by

• Adam Smith

• French Physiocrats

• King Leopold II

• Cecil Rhodes

Which of the following accurately describes the Navigation Acts?

• A series of laws, which attempted to make American Colonies dependent on Great Britain.

• The practice of shielding a country's domestic industries from foreign competition by taxing.

• An economic system in which citizens privately own and use the means of production in order to seek profit.

• The trade of goods between three continents.

Which of the following is not one of the three main dimensions of globalization?

• Technological

• Political

• Social

• Economic

What is the first phase of globalization?

• Age of Colonies

• Ancient Trade

• Modern Globalization

• Age of Discovery

Which of the following accurately describes imperialism?

• A group of people who are able to exercise self-rule.

• Evaluating other cultures according to preconceptions of one's own culture.

• Seeing other cultures as inferior to European culture.

• The policy or act of extending rule or authority of a country over another.

Which of the following is not a characteristic of capitalism?

• Self-interest

• Market mechanisms

• Nationalization

• Competition