
Activity 1
Quiz
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English
•
University
•
Practice Problem
•
Medium
CZARINA TAN
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15 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is an ongoing process that involves interconnected changes in the economic, cultural, social, and political spheres of society.
Globalization
Market Integration
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The level wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area
Standard of living
Quality of life
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The period of time over which an item is developed, brought to market and eventually removed from the world market
Product life cycle
Product cycle
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
These are institutions that provide financial support and professional advice for economic and social development activities in developing countries and promote international economic cooperation and stability.
United Nations (UN)
International Financial Institutions (IFIs)
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All IFIs admit only sovereign countries as owner-members, but all are characterized by a broad country membership, including both borrowing developing countries and developed donor countries.
TRUE
FALSE
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A condition characterized by severe deprivation of basic human needs including food, safe drinking water, sanitation facilities, health, shelter, education and information
extreme poverty
hunger
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is the process of increasing interdependence of world economies as a result of the growing scale of cross-boarder trade of commodities and services (cited in Shangquan,20000)
Economic Globalization
Market Integration
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