Global North and Global South in Globalization

Global South primarily consists of North America, Europe, and Australia.

The Global North includes countries like Japan and Russia.

The term Third World originated after the end of the Cold War.

Regionalization only occurs within a specific geographical region.

Diversity in regionalization can be observed in levels of development, politics, economics, and religion.

Globalization is a uniform process that affects all countries equally.

NATO was formed during the Cold War to protect against the threat of the United States.

The Warsaw Pact was made up of Western European countries.

OPEC was established to regulate the production and sale of natural gas.

The Non-alignment Movement aims to pursue world peace and international cooperation, among other goals.

One of the challenges of regionalism was Greece's consideration of joining the European Union for economic benefits.

'Brexit' refers to anti-immigrant sentiment and a campaign against Europe that led France to leave the European Union.