globalization

what is globalization?

• a world war

• orbiting around the earth

• interconnection throughout the world

• when countries become isolationist

what is outsourcing?

• obtaining goods or services from an outside supplier

• when an outside company steals from another company

• when a company buys another company

• when you use your neighbors internet

phones, the internet, air travel, and television have all led to?

• communism

• socialism

• globalism

• imperialism

what has been an important impact of globalization?

• lower cost of goods for consumers

• less international competition

• increase in isolationism

• people are less informed about world events

The discovery of Penicillin led to

• a cure for airborne diseases

• a treatment for cancer

• use of antibiotics to fight infections

• the discovery of germ theory

A free trade agreement is an example of

• globalization

• protectionism

A tariff or tax on imported goods is an example of

• globalization

• protectionism