Globalization

the process of increased connection between countries. It is demonstrated through economics, politics and culture.

• Exchange

• Globalization

• Mercantilism

• Ethnocentric

relating to or involving several countries

• Imperialism

• Multinational

• Assimilation

• Cultural Diffusion

the trend toward a world that is more interconnected by technology, trade, and travel (a)  

• multinational corporation

• globalization

• interdependent

• outsourcing

According to CNN, the United States receives 80% of its avocados from Mexico. Mexico receives most of its auto parts from the United States. This is an example of the following. (a)  

• Interdependence

• Supply and demand

• Infrastructure

• Globalization

What are some negatives of globalization? Check all that apply.

• Workers are exploited in sweatshops

• Pollution and deforestation

• Low wages for factory workers in Asia and Africa

• Higher pay for factory workers

using foreign resources instead of domestic resources (a)  

• multinational corporation

• globalization

• interdependent

• outsourcing

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

• Domestic Corporation

• Multinational Corporation

• Foreign Corporation

• State Corporation

a condition by which different things rely on each other for support (a)  

• multinational corporation

• globalization

• interdependent

• outsourcing

Factories or other aspects of industry or business are relocated to a place that is cheaper to do business. (a)  

• Offshoring

• Outsourcing

Which term describes the increased connection of people, businesses and cultures?

• Rock and Roll

• Globalization

• Outsourcing

• Love