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WorksheetsGlobalization
Total questions: 10
Worksheet time: 5mins
All are characteristics of globalization except;
Globalization is a historical process
Globalization is a new term with broad topics.
Globalization is interconnectedness, interdependences and integration of nation states.
Globalization is brought about by technological, communication and transportation development.
All are dimensions of globalization except;
Economic
Cultural
Political
Social Media
What global ideologies have this idea? "Globalization is about the liberalization and worldwide integration of markets (neoliberalism)"
Justice globalism
Market globalism
Religious globalism
Imperial globalism
(a) can be defined by its emphasis on equity, rights, sustainability, and diversity.
Integration of economy is made possible by;
People
Leaders
Technology
All describes the integration of global economy except;
The opportunities for labour and capital to locate anywhere in the world.
The opportunities to be able to buy and sell in any country in the world.
The hybridization of culture due to economic exchange
The increasing reliance of economies on each other.
(a) have investment in other countries, but do not have coordinated product offerings in each country. They are more focused on adapting their products and services to each individual local market
(a) are more complex organizations which have invested in foreign operations, have a central corporate facility but give decision making, research and develop (R&D) and marketing powers to each individual foreign market
The following are disadvantages of trade except;
Lack of opportunities for the poor to be able to have access to markets
Increase in gap between the rich and the poor
Increased choice
Dominance of global trade by the rich, northern hemisphere countries
How do TNC and MNC affects the world today?
