The increased connectivity of the world is partly due to-

Technology such as satellites and the internet

An effect of the expansion of businesses expanding into multiple nations is-

Economic development across the globe

In a globalized economy many companies will move factories or businesses to-

Countries with low labor costs to save money

A major economic factor of globalization is-

easy shipping and buying goods and natural resources

A long term drawback of globalization is-

Consumption of natural resources and pollution

Combining businesses, technology, and transportation globalization has-

Made more goods and services available all over the world

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Globalization

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Questions 15

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1
When companies use overseas companies to lower the cost of a product or service it is-
Communism
Wage laboring
Shopdropping
Outsourcing
2
The increased connectivity of the world is partly due to-
The nation building progress of the United Nations
Technology such as satellites and the internet
Expansion of U.S. colonies across the globe
The success of the War on Terror
3
Region of the world where most of the world's oil supply is found -
Europe
Asia
Artic
Southwest Asia
4
An effect of the expansion of businesses expanding into multiple nations is-
A decrease in global trade
A decrease in large corporations
Economic development across the globe
Stricter international business laws
5
In a globalized economy many companies will move factories or businesses to-
Industrial capitals of their home nation
Countries with low labor costs to save money
Provide better climate for employees
Highly skilled labor countries
6
An ongoing global pandemic
Ebola
Bubonic Plague
HIV
H1N1
7
A major economic factor of globalization is-
A decrease in global terrorism
A decrease in human trafficing
easy shipping and buying goods and natural resources
A decrease in poverty across the globe
8
When member countries do not charge each other tariffs it is a
Union
Free Trade Zone
Tax Free Weekend
Trade Organization
9
Quotas can
can help trade
be barriers to trade
have nothing to do with trade
are a benefit of globalization
10
Another factor increasing connectivity in globalization is-
The lack of violent wars
World Peace
New methods of transporation
Increased unity after the Cold War
11
A long term drawback of globalization is-
Social unrest in wealthy nations
Consumption of natural resources and pollution
Growing international unity
Increasing resistance to change from people
12
A global petroleum organization
OPEC
WTO
NATO
GATT
13
_____ is "the integration of culture, technology, and communication on a global scale."
Industrialization
Globalization
Domination
Fanaticism
14
Combining businesses, technology, and transportation globalization has-
Decreased global poverty rates
An increase in global unity
Made more goods and services available all over the world
An increase in international diplomacy
15
NAFTA members include
US, France, England
France, America, Nigeria
US, Canada & Mexico
European countries

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