Semester 2 Day 31 Do Now - Reform Movements in the Modern Age

What is "globalization?"

• Globalization is the process of isolating countries from each other.
• Globalization refers to the reduction of cultural exchange between nations.
• Globalization is the term used to describe the independence of economies from one another.
• Globalization is the process of increased interconnectedness and interdependence among countries, economies, and cultures on a global scale.

How did the end of the Cold War impact the development of globalization?

• The end of the Cold War led to increased isolationism and hindered globalization
• The end of the Cold War resulted in the dominance of communism and restricted global trade
• The end of the Cold War facilitated the development of globalization by promoting economic interdependence and the spread of capitalism.
• The end of the Cold War caused a decline in technological advancements and limited global communication

What is a "knowledge economy?"

• A knowledge economy is an economy where knowledge is the primary production resource instead of traditional resources like land or labor.
• A knowledge economy relies solely on manual labor for economic growth.
• A knowledge economy focuses on the production of goods rather than information.
• A knowledge economy is based on physical resources like land and labor.

What is a "maquiladora?"

• A term used for Mexican street vendors
• A manufacturing operation in Mexico near the US border where foreign materials are assembled or processed before being exported.
• A popular dish in Mexican cuisine
• A type of traditional Mexican dance

What was the goal of the World Trade Organization (WTO)?

• Promote free trade and reduce barriers between countries.
• Limit international cooperation
• Increase trade barriers and restrictions
• Encourage monopolies and cartels