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Globalization Flashcards | StudBud
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Globalization
Globalization
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Questions
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Answers
1
An effect of the expansion of businesses expanding into multiple nations is-
Economic development across the globe
A decrease in global trade
Stricter international business laws
A decrease in large corporations
2
Combining businesses, technology, and transportation globalization has-
Made more goods and services available all over the world
An increase in global unity
An increase in international diplomacy
Decreased global poverty rates
3
_____ is "the integration of culture, technology, and communication on a global scale."
Globalization
Industrialization
Fanaticism
Domination
4
Which of the following is NOT a reason for global population growth.
Genetically engineered crops
Vaccines and medicines like penicilin
increased pollution and environmental destruction
Mechanization of agriculture
5
When companies use overseas companies to lower the cost of a product or service it is-
Shopdropping
Communism
Wage laboring
Outsourcing
6
A major economic factor of globalization is-
A decrease in global terrorism
low cost shipping and buying goods and natural resources
A decrease in poverty across the globe
A decrease in human trafficing
7
Another factor increasing connectivity in globalization is-
Increased unity after the Cold War
The lack of violent wars
World Peace
New methods of transportation
8
In a globalized economy many companies will move factories or businesses to-
Industrial capitals of their home nation
Highly skilled labor countries
Provide better climate for employees
Countries with low labor costs to save money
9
The increased connectivity of the world is partly due to-
Expansion of U.S. colonies across the globe
Technology such as satellites and the internet
The success of the War on Terror
The nation building progress of the United Nations
10
A long term drawback of globalization is-
Consumption of natural resources and pollution
Social unrest in wealthy nations
Increasing resistance to change from people
Growing international unity