TCW Review Test Chapter 1

According to James & Steger (2014), globalization is an extraordinary & complicated concept that was rarely used until 1960s but with processes that had been happening for thousands of years.

• TRUE

• FALSE

Answer explanation

Correction: the concept was rarely used until "1990s" but with process that had been happening "FOR CENTURIES"

Identify the impacts of Globalization.

• Ideological

• Intellectual

• Political

• Economic

• Social Spheres

Choose the best option that tells the essence of globalization

• Increasing awareness of other people, culture, & religion as a result of technological advancement in communication and travel.

• Indicates the global nature of capital, the emergence of a single global economy & tremendous speed of exchange accross vast distances.

• A long term effort integrate the global dimensions of life into each nation's economies, politics, & cultures.

It is a process by which regional economies, societies, & cultures, have become integrated through a globe-spanning network of communication & trade.

A set of multiple uneven, & sometimes, overlapping historical processes "on imagined community."

• Lule, 2017

• Wishard, 1999

• Steger, 2005

• Barber, 1992

• Ferguson, 1992

A long-term effort to integrate the global dimensions of life into each nation's economies, politics, & cultures.

• Lule, 2017

• Wishard, 1999

• Steger, 2005

• Barber, 1992

• Ferguson, 1992

Globalization is the opposite of localization.

• Lule, 2017

• Wishard, 1999

• Steger, 2005

• Barber, 1992

• Ferguson, 1992

Seven myths about globalization.

• Lule, 2017

• Wishard, 1999

• Steger, 2005

• Barber, 1992

• Ferguson, 1992

Electronic media uniting the world & removing time & space obstacles for business & personal life.

• Myth 3: Time and Space have disappeared

• Myth 1: Big is better

• Myth 2: More is better

• Myth 4: Global Cultural Homogeneity

Global village with shared experiences and the postmodernists idea of culturally and economically interconnected world.

• Myth 3: Time and Space have disappeared

• Myth 1: Big is better

• Myth 2: More is better

• Myth 4: Global Cultural Homogeneity