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Globalization Flashcards | StudBud
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Globalization
Globalization
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Questions
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Answers
1
A long term drawback of globalization is-
Consumption of natural resources and pollution
Social unrest in wealthy nations
Growing international unity
Increasing resistance to change from people
2
What is one benefit of globalization
pollution
job loss
cheaper prices
death
3
What is an example of globalization?
When you trade for cheese with local farmer
The local farmers market
Local donut business
Adidas spreading throughout the world
4
What does NATO stand for?
Night Anchors Taking Over
North American Taco Obstetricians
North Atlantic Treaty Organization
National Auto Traders Organization
5
_____ is "the integration of culture, technology, and communication on a global scale."
Globalization
Industrialization
Domination
Fanaticism
6
What does the United Nations organization attempt to do?
handle issues on trade disputes
focus on issues of global health
maintain international peace and security
provide aid to impoverished countries
7
The increased connectivity of the world is partly due to-
The nation building progress of the United Nations
Expansion of colonies across the globe
Technology such as satellites and the internet
The success of the War on Terror
8
When companies use overseas companies to lower the cost of a product or service it is-
Wage laboring
Shopdropping
Communism
Outsourcing
9
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
10
Combining businesses, technology, and transportation globalization has-
An increase in international diplomacy
Made more goods and services available all over the world
An increase in global unity
Decreased global poverty rates
11
In a globalized economy many companies will move factories or businesses to-
Countries with low labor costs to save money
Provide better climate for employees
Industrial capitals of their home nation
Highly skilled labor countries
12
What is Globalization?
When things spread to different countries
Globalization is a type of exotic fruit commonly found in Antarctica.
Globalization is a secret society of talking dolphins.
Things always spreading worldwide
13
Globalization is increasing population
False
True