Globalization

Which of the following best defines globalization?

• The isolation of countries from one another

• The increasing interconnectedness and interdependence of countries

• The complete eradication of national borders

• The dominance of one country over others

Which of the following is NOT a driver of globalization?

• Technological advancements

• Trade liberalization

• Political isolation

• Global financial systems

What is one economic impact of globalization?

• Decreased international trade

• Lower living standards in all countries

• Job opportunities in international trade and tourism

• Slow economic growth rates

How does globalization contribute to cultural exchange?

• By promoting cultural isolation

•  By suppressing diversity and inclusivity

• Through the diffusion of ideas and traditions

• By creating cultural barriers

What is one challenge of globalization?

• Economic equality among countries

• Cultural preservation and diversity

• Limited access to international markets

• Environmental sustainability

What is the conclusion drawn about globalization?

• It has no impact on our world

• It creates economic stagnation

• It connects people, economies, and cultures

• It promotes political isolationism

How has globalization impacted international trade?

• Reduced trade opportunities for countries

• Limited access to a wider range of products and services

• Increased trade and cross-border transactions

• Stagnated economic growth

What are the benefits of globalization in terms of employment?

• Reduction in job opportunities

• Decreased economic growth rates

• Creation of new employment opportunities in various sectors

• Increased trade barriers and outsourcing restrictions

What is one positive impact of cultural exchange through globalization?

• Preservation of local cultures

• Homogenization (sameness) of cultures

• Increased diversity and inclusivity

• Decreased global awareness

How does globalization contribute to global awareness?

• By isolating countries from global issues

• By limiting cross-cultural dialogue

• By spreading ideas, art, music, and fashion across borders

• By promoting cultural erosion