REVIEW QUESTIONS

Globalization is:

• the process by which businesses or other organizations develop international influence or start operating on an international scale.

• the restriction of trade and communication between countries.

• the exclusive focus on local traditions and customs.

• the process of isolating a country from the rest of the world.

Which of the following best describes globalization?

• The process of isolating countries from each other

• The practice of protecting local industries only

• Limiting international trade and communication

• The worldwide movement toward economic, political, and cultural integration

Which of the following is a criticism of globalization?

• It increases cultural exchange

• It provides wider markets for goods

• It leads to exploitation of workers in poor countries

• It encourages the spread of technology

Which of the following is a cultural impact of globalization?

• Increased trade barriers

• Spread of international brands and media

• Reduction in communication technology

• Elimination of tourism

Which of the following is a cultural impact of globalization?

• Increased trade barriers

• Spread of international brands and media

• Reduction in communication technology

• Elimination of tourism

In this period, due to absence of advanced forms of technology, globalization was severely limited. Fill in the blank: ________

• The Prehistoric Period

• The Industrial Revolution

• The Digital Age

• The Renaissance

What is one positive effect of globalization on developing countries?

• Loss of cultural identity

• Increased access to foreign investment and technology

• Higher barriers to global markets

• Decline in employment opportunities

In this period, it is considered as the leap in the history of globalization.

• Industrial Revolution

• Middle Ages

• Ancient Era

• Contemporary Period

In this period, it is considered as the leap in the history of globalization.

• The Contemporary Period

• The Medieval Period

• The Ancient Period

• The Industrial Revolution

Why do some critics say globalization can be unfair to poorer countries?

• Poor countries control world trade

• Rich countries sometimes exploit cheap labor

• Poor countries prevent foreign investment

• Globalization always increases poverty