A long term drawback of globalization is-

Consumption of natural resources and pollution

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

Countries with low labor costs to save money

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

Combining businesses, technology, and transportation globalization has-

Made more goods and services available all over the world

A major economic factor of globalization is-

low cost shipping and buying goods and natural resources

studbud

What Do You Know About Globalization?

10 termsStudBud Administration529 plays

Social 10, Intro, Review

Flashcards10 cardsFPractice quizPHost liveL

Questions 10

Answers

1
A long term drawback of globalization is-
Growing international unity
Increasing resistance to change from people
Consumption of natural resources and pollution
Social unrest in wealthy nations
2
When companies use overseas companies to lower the cost of a product or service it is-
Wage laboring
Shopdropping
Communism
Outsourcing
3
_____ is "the integration of culture, technology, and communication on a global scale."
Fanaticism
Domination
Industrialization
Globalization
4
In a globalized economy many companies will move factories or businesses to-
Industrial capitals of their home nation
Provide better climate for employees
Highly skilled labor countries
Countries with low labor costs to save money
5
A transnational corporation...
all of the above
has headquarters in one country, and factories in others
produces goods using a global supply chain
is a multinational company
6
The increased connectivity of the world is partly due to-
The nation building progress of the United Nations
The success of the War on Terror
Expansion of U.S. colonies across the globe
Technology such as satellites and the internet
7
An effect of the expansion of businesses expanding into multiple nations is-
A decrease in large corporations
A decrease in global trade
Stricter international business laws
Economic development across the globe
8
Another factor increasing connectivity in globalization is-
New methods of transporation
The lack of violent wars
World Peace
Increased unity after the Cold War
9
Combining businesses, technology, and transportation globalization has-
Made more goods and services available all over the world
An increase in international diplomacy
Decreased global poverty rates
An increase in global unity
10
A major economic factor of globalization is-
A decrease in global terrorism
A decrease in human trafficing
A decrease in poverty across the globe
low cost shipping and buying goods and natural resources

What Do You Know About Globalization? Flashcards | StudBud