Unit 4 Review Quiz

What is globalization?

• The worldwide coming together of nations and countries

• The process of immigrating to a new country

• Creating local market to support small business owners

• It is the increase in nationalism and isonlationism

What are some of the negative effects of globalization?

• All of these

• The environment can suffer from additional pollution

• People in industrialized countries might lose their jobs

• People in developing countries remain poor and without insurance

How do globalization and climate change relate to one another?

• Increased pollution in the air from travel, shipping, and more adds to the effects of greenhouse gasses

• Decreased pollution helps to minimize the effects of greenhouse gasses

• The use of renewable energy since globalization began has made globalization carbon neutral

• They do not relate to one another

What happened in the late 18th century which fueled societies to work in factories and move away from farming

• Agricultural Revolution

• Information Revolution

• Communist Revolution

• Industrial Revolution

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

• Fair Trade

• Globalization

• Trade

• Standard of Living

Bringing goods in from another country to sell.

• import

• export

Sending goods to another country to sell.

• import

• export

A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on imports) or subsidies (taxes on exports).

• Free Trade

• Trade

• Goods

• Supply and Demand

Match the correct Word to it's definition.

• Import

• goods or materials that are shipped to other nations to be sold

• Export

• goods or materials that are brought into a nation from abroad

• Tariff

• ​a tax levied on a particular type of import or export

When people from different areas share language, stories, religions, and ways of life; this is known as...

• cultural exchange

• environmentalism

• tariffs

• totalitarianism