Q1 - IntoToGlobalization

Globalization only refers to the economic integration of markets and trade.

• True

• False

Globalization is a recent phenomenon that began in the 20th century.

• True

• False

Arjun Appadurai identified five "scapes" or dimensions of globalization.

• True

• False

"Technoscape" refers to the global flow of cultural values and traditions.

• True

• False

Globalization has allowed countries to trade, communicate, and cooperate across borders.

• True

• False

1. Which of the following is not a feature of economic globalization?

• Cross-border trade

• Foreign investments

• 1. Preservation of local markets

• Integration of national economies

Which is an example of cultural globalization?

• Internet-based banking

• Global fashion trends

• 1. Oil trade agreements

• Foreign Investment

“Financescape” refers to the global circulation of money.

• True

• False

Globalization has completely eliminated economic inequality between nations.

• True

• False

Cultural globalization involves exchanging and assimilating traditions and ideas across borders.

• True

• False