Globalization Concepts and Impacts

The video introduces globalization, defining it as the growing interaction between people or companies worldwide. It covers key terms like global trade, economy, and village, and explores vocabulary related to globalization, such as immigration and convergence. The video discusses economic impacts, including outsourcing and unemployment, and differentiates between emerging and developed economies. Key points about globalization, such as technological advances and ecological impacts, are highlighted. The video also mentions international organizations like WHO and UN, concluding with a request for feedback.

What is the primary definition of globalization as discussed in the video?

• Growing interaction between people or companies worldwide

• The decline of international trade

• The isolation of countries from each other

• The increase in local traditions

What does the term 'immigration' refer to in the context of globalization?

• Movement of people into a foreign country

• Movement of goods across borders

• Development of new technologies

• Exchange of cultural ideas

Which expression means 'instantly or immediately'?

• At the drop of a hat

• In the blink of an eye

• In a heartbeat

• At the drop of a heart

What does the term 'outsourced' mean in the context of jobs?

• Jobs moved to another department

• Jobs eliminated entirely

• Jobs automated by technology

• Jobs sent abroad

What is a characteristic of emerging economies?

• Strong cultural influence

• High GDP per capita

• Advanced technological infrastructure

• Low human development index

What does GDP per capita indicate?

• The number of multinational companies in a country

• The average income per person in a country

• The total exports of a country

• The total population of a country

Which organization is part of the international community mentioned in the video?

• World Health Organization

• Amnesty International

• Greenpeace

• International Red Cross

What is one negative impact of globalization on local industries?

• Decrease in international trade

• Rise in local traditions

• Decline in local food industry

• Increased local employment

What is one advantage of international markets?

• Limited product variety

• Higher local prices

• Decreased competition

• Access to a wider range of products

What is a potential ecological impact of globalization?

• Improved local ecosystems

• Increased biodiversity

• Decreased pollution

• Disappearance of local traditions