Topic 1 Q2 Aaraling Panlipunan
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Questions and Answers

Refers to global activities to replace local

Delocalization

Refers to the removal of government control over various aspects of the industry in order to attract more foreign investment.

Globalization

What best defines globalization?

  • A process of slow and controlled movement of goods and services.
  • A process of rapid flow or movement of people, things, information, and products. (correct)
  • The act of isolating economies from international trade.
  • A procedure to establish local businesses without any outside influence.

    • Which term describes the union of countries with common goals to form a promoting organization?

    <p>Integration</p> Signup and view all the answers

    What does the term 'mobility' refer to in the context of globalization?

    <p>The ability to move goods, services, people, communication, and transportation efficiently.</p> Signup and view all the answers

    Which of the following best describes 'liberalization'?

    <p>The process of easing restrictions on the entry of goods from one country to another.</p> Signup and view all the answers

    What is the meaning of 'de-localization' in a global context?

    <p>Global practices aimed at reducing the reliance on local production.</p> Signup and view all the answers

    Study Notes

    • Globalization is a process characterized by the rapid flow of people, goods, information, and products across geographical boundaries.
    • It has significantly impacted various aspects of human life, shaping the modern world.
    • De-localization involves replacing local activities with global ones.
    • Deregulation removes government control from industries to encourage foreign investment.
    • Integration promotes the unification of countries with shared goals, fostering cooperation.
    • Liberalization allows for the unrestricted movement of goods between countries.
    • Mobility focuses on streamlining the movement of goods, services, people, communication, and transportation.
    • Privatization involves transferring government assets to private individuals or corporations to reduce government expenses and potentially improve service quality.

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    Different concepts and perspective on Globalization

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