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Globalization!

Total questions: 41

Worksheet time: 21mins

Name
Class
Date
1.

Increasing interdependence of nations and peoples across the globe.

a)

Infrastructure

b)

Globalization

c)

Interdependence

d)

Specialization

2.

Sending goods to another country to sell.

a)

import

b)

export

3.

Bringing goods in from another country to sell.

a)

import

b)

export

4.

According to CNN, the United States receives 80% of its avocados from Mexico. Mexico receives most of its auto parts from the United States. This is an example of the following.

a)

Interdependence

b)

Supply and demand

c)

Infrastructure

d)

Globalization

5.

Products meant to satisfy the wants and needs of buyers.

a)

Goods

b)

Trade

c)

Commodity

d)

Outsourcing

6.

A large company that has operations in more than one country.

a)

Domestic Corporation

b)

Multinational Corporation

c)

Foreign Corporation

d)

State Corporation

7.

What are some negatives of globalization?

a)

Workers are exploited in sweatshops

b)

Pollution and deforestation

c)

Low wages for factory workers in Asia and Africa

d)

All of the answers are correct

8.

What are some positives of globalization?

a)

Cheaper goods

b)

More jobs in developing countries

c)

Information is easy to access and it travels quickly

d)

All of the answers are correct

9.

A period of temporary economic decline during which trade and industrial activity are reduced.

a)

World Bank

b)

Recession

c)

Embargo

d)

Pandemic

10.

an official ban on trade or other commercial activity with a particular country.

a)

stop

b)

embargo

c)

barr

d)

tariff

11.

Which of the following has helped create a global economy in the present day?

a)

The use of high taxes for imports and exports

b)

Improvements in technology have made trade easier

c)

The creation of one form of currency (money) used to trade

d)

The success of the Communist governments in guiding trade

12.

Which continent has been most involved in globalization?

a)

Antarctica

b)

Africa

c)

Australia

d)

Asia

13.
Why has the production of goods moved to Asia?
a)
cost less to make
b)
decreases profit
c)
increased shipping time
d)
cost more to make
14.

What is free trade?

a)

A 90's hip hop song

b)

A garage sale

c)

The flow of goods and services across national borders with few controls by govts

d)

The restriction of goods and services across national borders

15.

What does WTO stand for?

a)

We the Oppressed

b)

World Tariff Organization

c)

World Tax Office

d)

World Trade Organization

16.

Back in the 1950's what country would American sneaker brands be made in?

a)

USA

b)

Mexico

c)

Asia

d)

Japan

17.

How are sneakers transported from Asia?

a)

A plane

b)

A train

c)

A container ship

d)

A gondola

18.
Why is the sneaker a good example of globalization?
a)
Sneakers are made exclusively in the United States.
b)
Sneakers were the first product to successful use globalization.
c)
Making them involves multiple steps and countries.
d)
Making sneakers does not involve international relations.
19.
How has globalization helped bring economic growth to developing countries?
a)
It closed factories worldwide.
b)

It brought everyone together under 1 World Government

c)
It granted citizenship for illegal immigrants.
d)
It created jobs for millions of people.
20.
What is one benefit of economic interdependence among countries?
a)
It prohibits free trade.
b)

It fulfills Marx's dream of a communist utopia

c)
It requires all countries to convert to the U.S. dollar.
d)
It allows countries to rely on one another for resources.
21.
Why can global trade be harmful to the environment?
a)

more products end up in landfills / the ocean

b)

water sources such as rivers are polluted

c)

countries build coal plants to power factories

d)
all of the above
22.

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

a)

capitalism

b)

command economy

c)

communism

d)

fascism

23.

A political system in which the government owns all property and dominates all aspects of life in a country.

a)

communism

b)

capitalism

c)

monarchy

d)

republic

24.

What country is K-Pop from?

a)

South Korea

b)

North Korea

c)

Kyrgyzstan

d)

Kuwait

25.

What country is anime from?

a)

Canada

b)

Andorra

c)

Japan

d)

Slovenia

26.

The group of countries in Europe that cooperates on trade, travel, and laws

a)

Finland and Friends

b)

Council of Caucasians

c)

NATO

d)

European Union

27.

Bananas in American stores are imported mostly from...

a)

Central America

b)

Western Europe

c)

Northern Africa

d)

Australia

28.

Where did the game of Chess originate?

a)

England

b)

India

c)

Iraq

d)

Russia

29.

What American city used to be a thriving middle-class center of industry, but has since declined due to globalization?

a)

Boston

b)

San Francisco

c)

Dayton

d)

Austin

30.

What country did TikTok originate?

a)

Sweden

b)

China

c)

Canada

d)

Malaysia

31.

An early example of small-scale globalization was the series of trade routes that connected Europe and China, called the...

a)

Spice Trail

b)

Jade Highway

c)

Golden Route

d)

Silk Road

32.

In the 1990s, the development of this technology that connected computers around the world helped to supercharge globalization:

a)

Internet

b)

Telegraphs

c)

Artificial Intelligence

d)

iPhone

33.

The Panama _ in Central America, and the Suez _ in Egypt made it shorter and quicker to transport goods by ship from one side of the world to another.

a)

Canal

b)

Spaceport

c)

Steamboat

d)

Peninsula

34.

Globalization is:

a)

The rotation of the Earth on its axis.

b)

A condition in which countries have strong economic ties and depend on each other for resources, information, trade, and technology.

c)

A large company that has operations in many countries.

d)

The development of a worldwide society in which people, money, information, and goods flow freely across national borders.

35.

Globalization has led to a rapid increase in which of the following?

a)

Monarchies.

b)

Space exploration.

c)

International trade.

d)

United Nations peacekeeping missions

36.

What is outsourcing?

a)

When jobs are relocated from developed countries to developing countries so businesses can save money on labor costs

b)

The establishment of a colony in one territory by a political power from another territory.

c)

A tax on imported products.

d)

Researching the origins of common household items.

37.

Which term describes a business that has operations all over the world?

a)

Communism

b)

Trade bloc

c)

Micro-enterprise

d)

Multinational corporation

38.

A company in Mexico ships avocados to sell in the United States without paying any tariffs. This is an example of which of the following?

a)

Free trade

b)

Protectionism

c)

Mexican standoff

d)

Illegal immigration

39.

China relies on Japan for investment and technology. Japanese consumers buy many essential goods made in China. The result is which of the following?

a)

Buddhism

b)

Unsustainable development

c)

Samurai battles

d)

Economic interdependence

40.

Which of the following is an example of a technological development in communication over the past 200 years?

a)

Telegraphs

b)

Telephones

c)

The Internet

d)

All of the above

41.

Which of the following is an example of a technological development in transportation over the last 200 years?

a)

Airplanes

b)

Trains

c)

Container Ships

d)

All of the above