Chapter 1 - Terminology

What is the term for companies that operate in multiple countries?

• Nationals

• Transnationals

• Corporates

• Alliances

What type of globalization involves the exchange of goods and services across borders?

• Political

• Social

• Economic

• Cultural

Which term describes the increasing interdependence of world citizens?

• Isolationism

• Globalization

• Colonialism

• Protectionism

What term refers to goods brought into a country from abroad for sale?

• Exports

• Transnationals

• Imports

• Outsourcing

What is a possible effect of cultural globalization on identity?

• Homogenization

• Independence

• Insulation

• Recession

What do you call a graphic tool used to organize and connect ideas visually?

• Data chart

• Flow map

• Concept web

• Timeline

What is the term for a person's connection to their beliefs, culture, and self-image?

• Trade

• Identity

• Network

• Globalization

Which of the following is a social effect of globalization?

• Increased local farming

• Outsourcing labor

• Spread of global fashion

• Foreign investment

What does economic globalization often lead to for local businesses?

• Growth

• Monopolies

• Competition

• Alliances

What is the term for a complex, interconnected system (such as people or technology)?

• Union

• Web

• Network

• Channel