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CW - Summative Test 1

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

Who coined the term “globalization”?

a)

Martin Albrow

b)

Theodore Levitt

c)

Thomas Larsso

d)

Zygmunt Bauman

e)

Nayef Al-Rodhan

2.

Which of the following refers to the increasing ease of movement of people, things, information, and places in the contemporary world?

a)

Solid

b)

Liquid

c)

Flows

d)

Metaphor

e)

Globalization

3.

Which of the following explained the statement, “In global financial system, national borders are porous.”?

a)

This means that a financial crisis in a given country can bring ramifications to other regions of the world.

b)

This means that globalization have a big impact towards the economy and political aspect from one country to another

c)

This refers on how the each country can make more ways to generate income and export more products to have a better economy.

d)

This refers that a financial crisis will always be a problem and it will never be solve by one instead it will be solve through a good conditioning from other country.

e)

All of these

4.

What is regionalization according to Hurrell?

a)

It is a group of countries in the same geographically specified area.

b)

It is the formal process of intergovernmental collaboration between two or more states.

c)

It is the increased flows of goods, services, capital, people and information across borders.

d)

It is a societal integration and the often undirected process of social and economic interaction.

e)

All of these

5.

The recent years could also be regarded as the beginnings of globalization with reference to specific technological advances in transportation and communication. The following are some examples, EXCEPT:

a)

The first transatlantic telephone cable

b)

The founding of the modern Internet

c)

The first transatlantic television broadcasts

d)

The  educational system towards globalization

e)

The terrorist attacks on the Twin Towers in New York

6.

Which of the following BEST describes Economic Globalization?

a)

It improves the efficiency of enterprises and plays a great role in increasing the size of the economy of every country.

b)

It improves living standard and level of education of people. It also lays the material basis for the development of education.

c)

It reflects the continuing expansion and mutual integration of market frontiers, and is an irreversible trend for the economic development in the whole world at the turn of the millennium.

d)

It refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital, and wide and rapid spread of technologies.

e)

None of these

7.

What significant global response or approach to economic globalization?

a)

Economic Degradation

b)

Economic Development

c)

Sustainable Degradation

d)

Sustainable Development

e)

Environmental Degradation

8.

What is considered as greatest contributor on the extreme poverty?

a)

Unemployment

b)

Over Population

c)

Out of school youth

d)

a.    Economic Globalization

e)

Outdated educational system

9.

There are four dimensions to sustainable development – society, environment, culture and economy, which means _______________________.

a)

separate and intertwined

b)

intertwined and not separate

c)

separate and not intertwined

d)

not separate and not intertwined

e)

can be intertwined and can be separate

10.

According to Ritzer, 2015, Flows are the movement of the following EXCEPT:

a)

Things

b)

Place

c)

People

d)

Information

e)

Goods and Services