NGEC 3 Quiz

What is Globalization?

• Globalization is the world becoming more interconnected through trade and cultural exchange.

• Globalization is the spread of world cup football across the world.

• Globalization is when countries from rich countries exploit those in poor countries.

• All of the above

Globalization involves:

• A stretching of social, political, and economic activities across borders.

• A growing magnitude of interconnectedness in almost every sphere of social existence.

• An accelerating pace of global interactions and processes associated with a deepening investment of the local and the global.

The big firms with factories and offices around the world are called...

• Global business executive companies (GBECs)

• Multinational corporations

• Conglomerate companies

How have improvements in communication helped globalization?

• The internet now means that robots can be controlled remotely to take jobs from people.

• Communication is not improved – email has made things more difficult to communicate.

• The internet and use of mobile technologies has allowed more communication around the world.

Which of the following is NOT a positive impact of globalization?

• The sharing of ideas, experiences and lifestyles of people and cultures. People can experience foods and other products not previously available in their countries.

• Globalization increases awareness of events in faraway parts of the world. For example, the earthquake in Turkey and sent help in response.

• Globalization benefits rich countries but can exploit the poor countries and there is no benefit for them to be involved.

Which of the following in NOT a negative impact on globalization?

• There is no guarantee that any wealth generated will flow down to the local community – most of the profits will flow back to the home country of the multinational company.

• The sharing of ideas and technologies can bring extra investment into a country.

• Globalization benefits rich countries but can exploit the poor countries and there is no benefit for them to be involved.

In the age of discovery of globalization

• Was equally experienced across the world and amongst different social groups.

• Was decisively shaped by European expansion and conquest.

• Was a non destructive form of cosmopolitan democracy.

Asymmetrical globalization is:

• The way in which globalization is equally experienced across the world and amongst different social groups.

• The way in which globalization is unequally experienced across the world and amongst different social groups.

• A process in which the organization of social activities is increasingly less constrained by geographical proximity and national territorial boundaries.

Which of the following refers to solid as metaphor of globalization?

• nine dash line of China

• economic inflation

• migrant workers abroad

One effect of globalization is increase poverty.

• True

• False