Review (Trends)

Globalization Is a process involving the interconnections, diffusion, and exchange of goods, services, ideas, and people.

• TRUE

• FALSE

This refers to the spread of ideas, values, and meanings across countries, which broaden and increase social relations.

• Cultural Globalization

• Social Globalization

• Political Globalization

• Economic Globalization

It covers the diffusion of beliefs, practices, and issues concerning population growth, media, urbanization, tourism, education, and sports to expand social relations.

• Cultural Globalization

• Social Globalization

• Economic Globalization

• Political Globalization

This concerns the environment where the interaction of living species takes place.

• Cultural Globalization

• Natural Environmental Globalization

• Economic Globalization

• Political Globalization

Which of the following is NOT a dimension of Globalization?

• Cultural Globalization

• Economic Globalization

• Political Globalization

• Business Globalization

_______ is a new vehicle of Globalization.

Economic globalization increases the process of economic integration among countries, leading to the creation f a common market such as European Union.

• True

• False

Religion, language, cuisine, fashion, music and dance, and other ramifications of pop culture are the elements of political globalization.

• True

• False

A dimension of globalization that promotes the sharing of the natural resource such as fresh water, clean air, abundant aquatic resources, and ample energy supply by all humanity and trough generation.

Which of the following is a potential negative effect of globalization?

• Increased cultural exchange

• Job displacement in local markets

• Access to global markets

• Improved technology transfer