W.82: Technology and Globalization

What does the term 'Space-Time Compression' refer to in the context of globalization?

• A theory in physics that deals with the nature of time

• A cultural movement that emphasizes global unity

• The expansion of space in the universe

• The process of reducing geographical and temporal distances through technology

How has containerization impacted global trade?

• By limiting the types of goods that can be shipped internationally

• By reducing the efficiency of transporting goods

• By standardizing the packing and transportation of goods, reducing costs and damage

• By increasing the cost of shipping goods

Which technology has significantly reduced the barriers of time and space between locations?

• Telegraph systems

• Steam engines

• The internet and air travel

• The printing press

What role do computers play in globalization?

• They enhance efficiency, connectivity, and innovation across various sectors

• They primarily serve entertainment purposes globally

• They are mainly used for data storage

• They have limited impact on global interactions

Which of the following is a direct result of advanced computing technologies in globalization?

• Automation of processes and optimized supply chains

• Reduced global communication

• Decreased data analysis capabilities

• Increased cultural isolation

What is the overall impact of technology on globalization according to the text?

• It has reshaped the global landscape, fostering interconnectedness

• It has led to a decrease in international trade

• It has complicated international relations and trade

• It has had little to no effect on globalization