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Globalization

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

The exchange of goods and services by sale or barter driven by the need for resources.

a)

Fair Trade

b)

Globalization

c)

Trade

d)

Standard of Living

2.

Products meant to satisfy the wants and needs of buyers.

a)

Goods

b)

Trade

c)

Commodity

d)

Outsourcing

3.
A large company that has operations in more than one country.
a)
Domestic Corporation
b)
Multinational Corporation
c)
Foreign Corporation
d)
State Corporation
4.

The development of a worldwide economy where resources flow fairly freely across borders.

a)

Globalization

b)

Economy

c)

GDP

d)

Economic Independence

5.

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

6.

What are some positives of globalization?

a)

Cheap sneakers and clothes

b)

Cheap electronics

c)

Information is easy to access and it travels quickly (internet and social media)

d)

All of the answers are correct

7.
Globalization brings our world together?
a)
True
b)
False
8.
How does it bring our world together?  Through.... 
a)
communication
b)
technology
c)
products & services
d)
all of these
9.
WE do not live in a global market?
a)
True
b)
False
10.

A negative side effect of globalization such as the spread of Covid-19 is caused by

a)

Improved sanitation resulting in resistant strains of viruses

b)

Accelerated transmission of viruses due to increased travel

c)

Health problems caused by decreased government funding

d)

Cultural movements that limit vaccinations for children