wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

The Contemporary World

Total questions: 91

Worksheet time: 2hrs 3mins

Name
Class
Date
1.

This phenomenon is characterized by the integration of diverse systems and interactions on a broad scale.

(a)  

2.

A global coffee chain in Italy adds local pastries to its menu, blending international branding with regional flavors.

What concept is being applied in the stated situation?

(a)  

3.

This refers to integrating international market items to the local products.

(a)  

4.

Reduction of the perceived distances between places due to advancements in technology is an example of what concept?

(a)  

5.

A New Yorker receives a product from Tokyo in 24 hours, shrinking the distance through rapid transport.

This situation is an example of what concept?

(a)  

6.

The idea of understanding diverse cultures and the distinctiveness of one's own culture without bias or prejudice is known as (a)   .

7.

Who stated that Globalization cannot be contained within a specific time frame?

(a)  

8.

When did Al-Rhodan define Globalization?

(a)  

9.

Who described Globalization as the world becoming closer together, allowing for easier interaction of people around the world?

(a)  

10.

When did Thomas Larsson give his view on Globalization?

(a)  

11.

"The characteristics of globalization trend include the internationalizing of production, the new international division of labor, new migratory movements from South to North, the new competitive environment that accelerates this processes, and the internationalizing of the state, making the states into agencies of the globalizing world."

Who stated this?

(a)  

12.

Where was Robert Cox' statement on Globalization cited?

(a)  

13.

When did Robert Cox define Globalization?

(a)  

14.

On what page is Robert Cox' statement published in?

(a)  

15.

This is one of the earliest examples of Globalization in history.

(a)  

16.

From the second century BCE until the middle of the 15th century, this network of Eurasian trade routes was in operation.

(a)  

17.

This example of Globalization is the transfer of cultural practices, beliefs, concepts, or goods from one group or location to another.

(a)  

18.

This concept describes a situation in which nations, areas, or companies depend on one another for resources, markets, goods, or services.

(a)  

19.

The U.S. imports goods from China while exporting agricultural products, creating mutual economic reliance.

What concept is being referred to in this situation?

(a)  

20.

(a)   is a policy that encourages deregulation, privatization, free markets, and little government involvement in order to increase economic efficiency and growth.

21.

Privatization of state-owned industries is an example of what concept?

(a)  

22.

Economic protectionism is the process of protecting domestic industries from (a)   .

23.

An example of (a)   is:

A country raises taxes on imported clothing to encourage people to buy clothes made locally.

24.

When countries join trade agreements like the World Trade Organization (WTO), they lower tariffs to make it easier for businesses to trade goods across borders. What is the concept applied in this scenario?

(a)  

25.

This is the tax imposed by a government on imported goods.

(a)  

26.

The limit on the quantity of a specific good that can be imported or exported during a given time period is called:

(a)  

27.

Reducing restrictions on imports and exports such as tariffs and quotas is an example of what economic policy?

(a)  

28.

These are institutions that operate internationally to promote economic cooperation, development, and stability across countries.

(a)  

29.

(a)   refers to the actions and strategies implemented by a government to manage a country's economy. It includes decisions on taxation, government spending, interest rates, trade regulations, and labor laws, aimed at influencing economic growth, inflation, unemployment, and overall financial stability.

30.

This is an international organization founded in 1945, made up of 193 member countries.

(a)  

31.

The United Nations promotes these goals. Name all of them in order.

(a)  

32.

This is an international organization established in 1995 to regulate global trade.

(a)  

33.

WTO ensures a smooth, predictable, and (a)   trade.

34.

This is an international organization established in 1944 to promote global financial stability and economic cooperation.

(a)  

35.

(a)   is the process by which local cultures become more similar to one another, often due to the influence of global media, technology, and consumer goods.

36.

A term was coined by American sociologist George Ritzer in his 1993 book The (a)   of Society.

37.

The IMF provides financial support and stabilizes (a)   .

38.

The global popularity of American music artists like Taylor Swift or BTS, whose music is listened to by fans around the world, creates similar cultural trends. This phenomenon is an example of what?

(a)  

39.

McDonaldization is the standardization of (a)   , products, and services.

40.

Cultural relativism is tbe acceptance of (a)   cultural beliefs and practices amongst people without judgement.

41.

Understanding that eating insects is a common practice and seen as a delicacy in some cultures is an example of what concept?

(a)  

42.

Refers to the tools, systems, and innovations that facilitate the exchange of goods, services, information, and capital across borders.

(a)  

43.

A major force behind globalization, which makes it possible for people to communicate and share information quickly.

(a)  

44.

An example of (a)   is:

"Rural communities have limited access to high-speed internet, making it difficult for residents to access online education or remote work opportunities, while urban areas have fast and reliable internet access."

45.

This concept describes the gap between those who have access to contemporary information and communication technology and those who do not.

(a)  

46.

Refers to the challenges and impacts that economic activities and global interconnectedness have on the environment.

(a)  

47.

Refers to the long-term alteration of temperature and weather patterns worldwide, often driven by human activities such as industrialization, deforestation, and the burning of fossil fuels.

(a)  

48.

Results of Climate Change include rising sea levels, extreme weather events, and (a)   loss.

49.

This is an international treaty adopted in 2015, with its main goal is to limit global warming to below 2°C, ideally 1.5°C, above pre-industrial levels by reducing greenhouse gas emissions.

(a)  

50.

This is an international treaty adopted in 1997 aimed at reducing greenhouse gas emissions to combat climate change

(a)  

51.

The Kyoto Protocol is adopted on what year?

(a)  

52.

This is an action of UN with 17 global objectives targeting global challenges like poverty, health, etc.

(a)  

53.

These are the collective efforts by individuals or groups to address perceived injustices or imbalances created by global economic systems.

(a)  

54.

(a)   refers to the negative views and concerns raised about the impacts of global economic integration.

55.

What is the social movement that began in 2011 in New York City's Zuccotti Park, aimed at protesting economic inequality, corporate greed, and the influence of money in politics?

(a)  

56.

This movement focused on advocating for gender equality, particularly in economic opportunities, labor rights, and access to resources.

(a)  

57.

These are criticisms of Globalization:

Evironmental degradation, widening (a)   inequality, and cultural erosion.

58.

These are formal, legally binding or non-binding accords made between countries or international organizations to address global issues such as trade, climate change, peace, human rights, or economic development.

(a)  

59.

What institution provides countries with loans for their developmental projects and goals?

(a)  

60.

These are the ongoing actions or mechanisms that drive globalization and economic integration.

(a)  

61.

These are the general directions in which global economics is moving. They represent observable shifts or patterns over time.

(a)  

62.

This is the practice of a company moving some of its business operations or production to another country, usually to save on costs like labor or manufacturing.

(a)  

63.

A great example of (a)   is when a U.S. company hires workers in India to handle customer service calls because labor is cheaper there than in the U.S.

64.

What is bering reffered to when a company hires another company or individuals, often in a different country, to perform tasks or provide services that could be done internally?

(a)  

65.

A U.S. company hires a call center in India to handle customer service calls instead of using local employees.

What trend is being enacted in this scenario?

(a)  

66.

This refers to the system of rules, institutions, and processes through which global affairs are managed and coordinated across countries and regions. This also describes the international agreements addressing global issues.

(a)  

67.

These refer to observable events, trends, or situations that arise as a result of global economic processes.

(a)  

68.

refers to the practice where powerful countries or corporations exert economic control over weaker nations, often exploiting their resources, labor, or markets.

(a)  

69.

A large multinational company sets up factories in a developing country, paying workers very low wages and taking most of the profits back to its home country, while the local economy becomes dependent on the company's operations.

This situation depicts what phenomena?

(a)  

70.

A phenomena where highly educated or skilled workers leave their home country to work in more developed countries.

(a)  

71.

A talented doctor from a developing country moves to a wealthier country for a higher salary and better healthcare facilities. What phenomena is being described by this situation?

(a)  

72.

What are the benefits of Globalization?) (In order)

(a)  

73.

Enumerate the challenges of globalization. (In order)

(a)  

74.

These are groups or institutions formed by countries within a specific geographic area to promote cooperation, address shared concerns, and enhance political, economic, or social ties.

(a)  

75.

It is a political and economic organization of 27 European countries that collaborate on a wide range of issues, including trade, security, and human rights.

(a)  

76.

The (a)   is a regional organization comprising 10 Southeast Asian countries. Its primary goal is to promote political, economic, and cultural cooperation and integration among its members.

77.

What is the continental organization founded in 2002, consisting of 55 African countries?

(a)  

78.

What was the trade agreement between the United States, Canada, and Mexico, signed in 1994, aimed at reducing trade barriers and increasing economic cooperation between the three countries?

(a)  

79.

The (a)   is designed to modernize trade relations between the United States, Canada, and Mexico by addressing issues like digital trade, labor rights, and environmental standards

80.

This is a regional intergovernmental organization and political union of South Asian nations, founded in 1985.

(a)  

81.

Enumerate the impacts of climate change. (In order)

(a)  

82.

Enumerate the terms and phenomena in globalization and economics. (In order)

(a)  

83.

Enumerate the global agreements, then institutions all in order.

(a)  

84.

What are the criticisms of Globalization? (Enumerate, in order)

(a)  

85.

Give the two examples of global social movements.

(a)  

86.

Give the two instance of technology in globalization.

(a)  

87.

Enumerate the 5 regional organizations.

(a)  

88.

Give the 3 examples of Globalization

(a)  

89.

Give the three(3) global organizations in order.

(a)  

90.

Enumerate the three(3) cultural impacts of Globalization.

(a)  

91.

Give the three(3) economic policies.

(a)