Understanding Globalization

The video discusses the impact of globalization in the modern world, highlighting how technology has made communication and commerce easier across borders. It explains the concept of globalization as a 'Global Village' where national boundaries blur due to technological advancements. The video identifies key drivers of globalization, such as technology, migration, and free markets, and examines its economic and social impacts, including challenges like unemployment and cultural degradation. The importance of preserving local culture amidst globalization is emphasized.

What has made global interactions easier in modern times?

• Traditional markets

• Technology

• Local transportation

• Manual communication

How is globalization often described in terms of its effect on national boundaries?

• As a barrier

• As a local phenomenon

• As a bridge

• As a Global Village

What role does technology play in globalization?

• It reduces cultural exchanges

• It isolates countries

• It facilitates global interactions

• It hinders global communication

Which of the following is NOT a factor driving globalization?

• Media transparency

• Technology

• Isolationism

• Migration

What is one economic benefit of globalization?

• Increased local market dominance

• Decreased cultural exchange

• Easier international trade

• Reduced technological advancement

What challenge does globalization pose to local markets?

• Increased local employment

• Enhanced local product competitiveness

• Greater cultural isolation

• Difficulty in competing with international products

Which sector has been significantly impacted by globalization through e-commerce?

• Retail

• Healthcare

• Agriculture

• Manufacturing

How can globalization affect cultural identity?

• By strengthening local traditions

• By promoting cultural homogeneity

• By isolating communities

• By reducing cultural exchanges

What is a potential negative social impact of globalization?

• Increased cultural awareness

• Degradation of local cultures

• Enhanced local traditions

• Improved international relations

Why is it important to preserve local traditions in the face of globalization?

• To reduce technological advancement

• To isolate communities

• To promote global uniformity

• To maintain cultural diversity