Understanding Globalization.(Revision Quizzes)

Define Globalization.

• Economic activities are occurring around the world as opposed to being limited to one country or region.

• Not isolated or standalone; being dependent on and affecting one another.

What do you meant by interconnected.

• Not isolated or standalone; being dependent on and affecting one another.

• Isolated or standalone; being dependent on and affecting one another.

Special Olympics: - An international organization which provides people with intellectual disabilities with a program that allows them to enjoy playing sports.

• True.

• False.

List out the three most important aspects of globalization.

• Free trade, and free movement of labor,

• more travels opportunities

• wider range of connections, and dilution of national identities.

• All of the above.

Select the advantages of Globalization .

• Free flow of technology

• Increase production and consumption

• Increase in job and income.

• All of the above.

List out the disadvantages of globalization.

• Exploits human resources.

• Decline the demand for domestic products

• Creating a gap between rich and poor.

• All of the above.

What are factors affecting globalization.

• Historical and economy.

• Resources and market

• Production issues and political organizations.

• All of the above.

A location that provides advantages called ___________

• Strategic location .

• Exact location.

Migration ,means :-

• Someone who tries to get those involved in

  disagreements and conflicts to settle their differences.

• Movement of people from one country to another

  for various reasons.

Someone who tries to get those involved in

disagreements and conflicts to settle their differences, is called:-

• Mediator:

• Arbitrator: