Globalization

What is the country of origin of the home furnishings brand IKEA?

• Norway

• Switzerland

• Sweden

What is the country of origin of the brand BATA?

• Czech Republic

• India

• Ukraine

• Mexico

What is the country of origin of the brand SPOTIFY?

• Ireland

• India

• USA

• Sweden

India exports fresh Ratnagiri mangoes to USA.

This is an example of

• Interconnected and Interdependent world

• Easy International Trade

• Active Transfer of capital, goods and service across national frontiers

• All of the above

When we talk about different nations around the world sharing more goods, ideas, cultures and systems of government, we are talking about ____________________________

• cultural exchange

• neighbors

• globalization

Increasing interdependence of nations and peoples across the globe.

• Infrastructure

• Globalization

• Interdependence

• Specialization

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

Some features of Globalization are:

• The world is interconnected

• It has increased the production of goods and services

• It is helping to create more wealth in developing countries

Some examples of Global Issues are:

• Poverty

• Diseases

• War

• Deforestation

The picture shows that globalization...

• involves cultural diversity that reflects in many things like music, art, food and RACE.

• happens when there is an increase in information flows and a larger transporter of data between geographically remote locations.

• is about encouraging a borderless world and its communal consequences.

• has talent mobility and cooperation that can increase the business performance.