Quiz on Globalization and History

What does the T-shirt metaphor in the document represent?

• The global economy

• Fashion trends

• Cultural diversity

• Technological advancement

What is one of the effects of globalization mentioned in the document?

• Widespread economic interdependence

• Decreased cultural exchange

• Isolation of countries

• Reduction in trade

What is a cultural phenomenon mentioned in the document?

• Globalization

• Urbanization

• Industrialization

• Colonization

What is one of the features of the T-shirt mentioned in the document?

• Hyper-connectedness

• Durability

• Fashionable design

• Color variety

What is the purpose of the Crash Course World History episode as stated in the document?

• To discuss globalization

• To explore ancient civilizations

• To analyze world wars

• To study technological advancements

What is one of the unsustainable aspects of the global economy mentioned?

• Massive surplus

• Limited resources

• Stable growth

• Decreased demand

Where are finished T-shirts usually sent for screen printing?

• China

• India

• Europe or the United States

• Brazil

What has been argued by academic economists regarding governmental regulation?

• It increases prosperity

• It diminishes prosperity

• It has no effect on prosperity

• It only affects local trade

What is the contemporary global trade described as in the text?

• Highly regulated

• Anarchic and unregulated

• Controlled by a few countries

• Dominated by the U.S.

Which organization offers low-interest loans to developing world economies?

• World Bank

• International Monetary Fund

• United Nations

• World Trade Organization