p6 globalization

Below is the positive effect of globalization, except...

• The society is developing

• The expanding of market

• Westernisation

• Technology and transportation got better

Bringing goods in from another country to sell.

• import

• export

A large company that has operations in more than one country.

• Domestic Corporation

• Multinational Corporation

• Foreign Corporation

• State Corporation

The development of a worldwide economy where resources flow fairly freely across borders.

• Globalization

• Economy

• GDP

• Economic Independence

Which is a negative effect of globalization?

• bringing cultures together

• providing jobs to those in developing countries

• causing the loss of traditional cultures

• allowing consumers to buy goods more cheaply

Which statement best describes the overall effect of globalization?

• Globalization makes producing, buying, and selling of goods easier and more economical.

• Globalization affects most countries in the world in the same ways.

• Globalization helps countries preserve their traditional cultures.

• Globalization hurts the economy of most underdeveloped countries.

The brand that is managed in one area/country is called ____________________

• Global brand.

• Local brand.

a speedup of movements or process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology is called ....

The tool to make globalization happen is ...

• internet

• communication

• life

• transportation

The positive effect of globalization for life is ....

• time and labor are more efficiently and effectively used than in the past

• we can communicate with our friends and relatives easily

• we can travel from one place to another place faster than a long time ago

• the information that we get is too fast and overwhelming