Globalization Magazine

How has globalization changed the world according to the passage?

• It has increased cultural exchange and economic interdependence.

• It has led to the isolation of countries.

• It has decreased technological advancements.

• It has reduced international trade.

What is an example of a global product mentioned in the passage?

• Jeans

• T-shirts

• Shoes

• Watches

According to the passage, what are some ways countries use globalization?

• Countries use globalization to improve trade relations.

• Countries use globalization to enhance cultural exchange.

• Countries use globalization to increase economic growth.

• All of the above.

Globalization is the process of interaction and integration among people, companies, and governments worldwide. Which of the following is an example of globalization?

• The spread of McDonald's restaurants worldwide

• A local farmer selling produce at a nearby market

• A family-owned bakery in a small town

• A national park visited only by local tourists

What is the significance of Eric Wang's role in the new middle class in China?

• Eric Wang is a key figure in the economic development of China's new middle class.

• Eric Wang has no significant role in the new middle class in China.

• Eric Wang's role is primarily in the cultural development of China's new middle class.

• Eric Wang is a political leader influencing the new middle class in China.

How has the middle class in China changed over the past thirty years according to the passage?

• The middle class in China has grown significantly over the past thirty years.

• The middle class in China has remained the same over the past thirty years.

• The middle class in China has decreased over the past thirty years.

• The middle class in China has become less influential over the past thirty years.

What challenges do factory workers like Ma Li Qun face in modern China?

• Long working hours and low wages

• High job security and benefits

• Flexible working conditions

• Lack of job opportunities

What predictions are made about China's middle class by 2030?

• China's middle class will double in size by 2030.

• China's middle class will decrease by 2030.

• China's middle class will remain the same by 2030.

• China's middle class will triple in size by 2030.

Since the early 1980s, China's economy has:

• remained stagnant

• declined significantly

• grown rapidly

• become more isolated

One reason why Chinese products are inexpensive is:

• High production efficiency

• Low quality materials

• Advanced technology

• Government subsidies