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WorksheetsGlobalization and Global Inequality
Total questions: 20
Worksheet time: 40mins
What is the definition of Globalization
The increase in global production of peanuts
The friendship between two countries
The increase in connections between economies around the world.
The production of chicken noodle soup in Northern China
The purchase of goods and services from abroad for use in the domestic economy which results in flows of funds.
What is the above a definition of
Exports
Material
Imports
Goods
Thailand devalued its currency in 1997, causing the collapse of other Asian economies and a huge drop in the US stock market.
What is the above scenario an example of?
Mexican Economy
Global economy
Local Economy
Persian economy
What is the definition of Income?
limited flow of money
flow of money between two people
flow of money over a period of time
flow of money in an instant
Machinery buildings and equipment used in the production of goods and services
What is the above definition an example of?
Capital
Income
Money
Services
This means the purchase of goods and services from abroad for use in the domestic economy.
Import
Export
This word means all the production and exchange that takes place throughout the world.
Global economy
Export
Is tourism the only aspect of globalization?
Yes
No
Chose all examples of globalization.
the exchange of goods between countries
the increase of sales in a local coffee shop
buying things on the internet
wearing clothes and eating food from different countries
the exchange of students between two classes
What is GDP per capita?
the amount of trade a country carries out
gross domestic product per capita (money)
What is meant by an ageing population?
a large proportion of the population who are 18 and younger
a large proportion of the population who are 65+
Burger King, Zara, and Nike, are all examples of?
National Companies
Multinational Companies
Small domestic organization
Non governmental Organizations
Disadvantages of Multinational Company
Loss market share if they expand too quickly
Push out small local businesses
Too little profit by giving away too much promotions
Which of the following is NOT an example of a Multinational Company?
McDonald's
Nike
British Petroleum
Apple
Galloways
The amount received by a business for selling its goods or services.
What is the above an example of?
Income
Revenue
Sale
Service
An exchange of goods and services between two people/businesses/groups/countries, usually for money.
What is the above an example of?
Revenue
Income
Trade
Service
What is Fairtrade all about?
better prices and better working conditions
more trade for less money
less money for workers
less crops
Who does Fairtrade really support?
The richest earners
The poorest earners
The crops
The countries wanting the crops
