SOCIAL 10 QUIZ #1

NAFTA stands for North American F_________T___________A____________.

Name two examples of transnational companies

Globalization is the process by which the world's citizens are becoming increasingly connected to and dependent on one another thereby affecting our lives. Provide 2 examples of how globalization has affected your life.

What effect does a McDonalds have on a LOCAL economy? Discuss some pros and cons. (Recall our discussion about Harv's Ma and Pa shop in Newfoundland; local Morinville McDonald's and McDonaldization)

Outsourcing is

• means of mass communication

• expanding world trade networks

• political decisions i.e., elections are becoming increasingly connected internationally

• hiring another company to do production tasks to reduce costs

Transnational means

• there is an expanding global trade network

• there are companies operating in two or more countries such as US and China

• mass communication

• a sort of political decision

A consumer is . . .

• someone who buys products and services

• someone who creates social media content

• a political idea that reflects the principles of socialism

• one who sells products and services

Infrastructure consists of . . .

• roads

• utilities

• water systems

• all answers are correct

What kind of globalization is this sentence describing? Write your answer in the blanks below. "The process by which people's lifestyles spread over global networks".

What kind of globalization is this definition describing? Write your answer in the blanks below. "The process of expanding global trade networks"