Globalization Explained Video Questions

What has enabled the rapid exchange of goods and information between countries?

• Advancements in technology like the Internet and mobile phones

• The discovery of new continents

• The invention of the printing press

• The establishment of the United Nations

Why can companies from Country B sell their products at lower prices in Country A?

• Due to lower production costs

• Because they use superior materials

• Because they have better technology

• Due to higher demand in Country A

What is a direct consequence of globalization on the job market in industrialized countries?

• Increase in job opportunities

• Decrease in job opportunities

• Stagnation of the job market

• Improvement in job quality

How does globalization contribute to climate change?

• By increasing the use of digital technology

• Through the reduction of international trade

• By increasing the transportation of goods internationally

• Through the promotion of renewable energy sources

What is essential to consider about globalization's nature?

• It is inherently good

• It is irrelevant in the modern world

• It is inherently bad

• It depends on how it is managed