Unit 7: Globalization Review

Front

What are some negatives of globalization?

Back

Workers are exploited in sweatshops, Pollution and deforestation, Low wages for factory workers in Asia and Africa.

Front

The measure of the economic and societal demographics of a country is called _________________.

Back

Standard of Living

Front

When people trade, how do both sides benefit? Options: Countries can focus on producing specific goods from their natural resources instead of trying to create everything they need, Countries can take advantage of each other making the international market more secure, Countries are able to learn the weaknesses of other countries and exploit those for natural resources, Countries are able to enter other countries with spies and foreign agents to undermine governments.

Back

Countries can focus on producing specific goods from their natural resources instead of trying to create everything they need

Front

What is cultural diffusion?

Back

The spread of ideas, customs, and technologies from one people to another

Front

Which one of the following is a negative consequence of globalization for less-developed countries: Enhanced cultural uniqueness, Skills transferred to domestic workers, Improved terms of trade, Wider income inequalities between lower & middle classes?

Back

Wider income inequalities between lower & middle classes

Front

Globalization is good because of an _________in standard of living , but is bad because there is a _____________ in local cultures and traditions

Back

increase / decrease

Front

Which of the following has NOT helped create a global economy?
Options: The use of English as the official language of trade, The use of cell phones as a way to easily communicate, The use of the Internet for trade and management, The use of personal computers for small business

Back

The use of English as the official language of trade

Front

Globalization is:

Back

the breakdown of traditional barriers between nations through technology and transport

Front

How has China and India benefited from globalisation?

Back

Millions of people have been lifted out of poverty in India and China

Front

A large company that has operations in more than one country.

Back

Multinational Corporation