Combining businesses, technology, and transportation globalization has-

Made more goods and services available all over the world

A long term negative effect of globalization is-

Over-consumption of natural resources and pollution

The increased connectivity of the world is partly due to-

Technology such as satellites and the internet

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

Countries with low labor costs to save money

An economic effect of globalization is...

The poor becoming poorer, the rich becoming richer

A major economic factor of globalization is-

low cost shipping and cheaper resources in developing countries

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FWO Globalization

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Questions 9

Answers

1
When companies use overseas companies to lower the cost of a product or service it is called -
Wage laboring
Communism
Shopdropping
Outsourcing
2
Combining businesses, technology, and transportation globalization has-
Made more goods and services available all over the world
decreased global poverty rates
restulted in an increase in global unity
resulted in an increase in international diplomacy
3
_____ is "the integration of culture, technology, and communication on a global scale."
Industrialization
Domination
Globalization
Fanaticism
4
A long term negative effect of globalization is-
Increasing resistance to change from people
Over-consumption of natural resources and pollution
Social unrest in wealthy nations
Growing international unity
5
The increased connectivity of the world is partly due to-
Technology such as satellites and the internet
The success of the War on Terror
The nation building progress of the United Nations
Expansion of U.S. colonies across the globe
6
In a globalized economy many companies will move factories or businesses to-
Industrial capitals of their home nation
Highly skilled labor countries
Countries with low labor costs to save money
Provide better climate for employees
7
An economic effect of globalization is...
A decrease in global trade
A decrease in large corporations
The poor becoming poorer, the rich becoming richer
Stricter international business laws
8
Another factor increasing connectivity in globalization is-
New methods of transporation
Increased unity after the Cold War
World Peace
The lack of violent wars
9
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 cheaper resources in developing countries

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