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Globalization - An introduction Flashcards | StudBud
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Globalization - An introduction
Globalization - An introduction
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1
What is the main driver of economic globalization?
International trade and business expansion
People traveling to new places for tourism
The sharing of cultural traditions
Governments working together to make laws
2
What is one potential downside of transnational corporations?
They help small businesses grow
They only sell products in one country
They often create low-paying jobs in some countries
They make products only for local customers
3
What is the best definition of globalization?
The movement of people across one region
The increased connections between people, countries, & businesses worldwide
The process of making products locall
The expansion of a single country's economy
4
Why are transnational corporations important in globalization?
They prevent international trade
They mainly operate within their own country
They keep all profits (money made) within their home country
They create jobs and sell products worldwide
5
What does media convergence mean?
The decline of television and newspapers
The government controlling all news sources
Fewer companies owning media outlets
Different types of media working together to share information
6
Which of the following is an example of social globalization?
A company selling products in multiple countries
A government signing a trade agreement
Watching a Hollywood movie in another country
A country building new transportation systems
7
What is an example of political globalization?
Countries signing a climate change agreement
A country exporting food products
People buying goods from another country
A new airline making international travel easier
8
What is one effect of Americanization on global media?
Other countries do not watch American media
It helps every country keep its unique media perspective
Many countries consume American news and entertainment
American news coverage is completely unbiased
9
How has communication technology influenced globalization?
It only benefits one country at a time
It has slowed down the spread of ideas and information
It has made transportation more expensive
It allows people and businesses to connect instantly worldwide
