Globalization

A negative side effect of globalization such as the spread of Covid-19 is caused by

• Improved sanitation resulting in resistant strains of viruses

• Accelerated transmission of viruses due to increased travel

• Health problems caused by decreased government funding

• Cultural movements that limit vaccinations for children

The interconnection of the world today is often referred to as

• Nationalism

• Communism

• Globalization

• Isolationism

The exchange of goods and services by sale or barter driven by the need for resources.

• Fair Trade

• Globalization

• Trade

• Standard of Living

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

• Offshoring

• Outsourcing

Sending goods to another country to sell.

• import

• export

Bringing goods in from another country to sell.

• import

• export

Bringing goods in from another country to sell.

• import

• export

What are some negatives of globalization?

• Workers are exploited in sweatshops

• Pollution and deforestation

• Low wages for factory workers in Asia and Africa

• All of the answers are correct

What are some positives of globalization?

• Cheap sneakers and clothes

• Cheap electronics

• Information is easy to access and it travels quickly (internet and social media)

• All of the answers are correct

Products meant to satisfy the wants and needs of buyers.

• Goods

• Trade

• Commodity

• Outsourcing