Chapter 1&2_IB

Chapter 1&2_IB

1st Grade

20 Qs

quiz-placeholder

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Chapter 1&2_IB

Chapter 1&2_IB

Assessment

Quiz

Business

1st Grade

Practice Problem

Hard

Created by

phuonglinhnt Linh

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20 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which of the following is NOT a characteristic of globalization?

Increased connectivity among nations

Decline in international trade

Global spread of technology

Cultural exchange across borders

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Identify the factor that has MOST contributed to the acceleration of globalization in recent decades.

Rising nationalism

Advances in information technology

Decreased consumer demand

Strict trade barriers

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Globalization often leads to:

Greater economic inequality

Reduced competition in markets

Decreased international cooperation

Isolation of economies

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is one major advantage of globalization for businesses?

Increased local competition

Access to a global customer base

Higher production costs

Restrictive trade policies

5.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

Globalization can be challenging for:

Multinational corporations

Small local businesses

Governments of developing countries

All of the above

6.

OPEN ENDED QUESTION

20 sec • 1 pt

Match the following political ideologies with their key principle:

Evaluate responses using AI:

OFF

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which concept is MOST associated with Karl Marx?

Capitalism

Socialism

Democracy

Free-market economy

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