10 Questions
What is the primary way to attract financial capital according to the passage?
By increasing the overall level of education in the labor force
What are the major educational changes brought about by globalization, as summarized by Carnoy (2002)?
Expansion of higher education and increased secondary-school graduates
What is the primary aim of neoliberalism according to the passage?
To bring prosperity, liberty, democracy, and peace to society
What are the four broad lines of policy response to contemporary globalization mentioned in the passage?
Neoliberalism, interventionism, nationalism, protectionism
What is the impact of globalization on the organization of work as mentioned in the passage?
Demand for high-skilled labor
How does Parker (1997) define globalization?
The convergence of events globally
According to the text, how is globalization tied up with modernity?
It shapes local happenings by events occurring miles away
How is globalization interpreted according to the text?
Internationalization, liberalization, universalization, and westernization
What is the impact of globalization on education systems according to the text?
Enhancement of competitive advantage through knowledge producing institutions and industries
What characterizes the emergence of global economy according to the text?
Uncontrollable market forces and new economic actors
This quiz covers the concept of globalization and its various interpretations by different theorists, with a focus on Parker's view. It discusses how globalization shapes worldwide social relations and influences local events.
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