Globalization and Free Trade Benefits Quiz
9 Questions
1 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Which of the following is a perceived drawback of globalization?

  • Expansion of the middle class
  • Rapid dissemination of information
  • Economic inequality among different regions (correct)
  • Technological innovation leading to job growth

    • What is one of the positive impacts of globalization mentioned in the text?

  • Rapid dissemination of information
  • Concerns about big international companies
  • Expansion of the middle class (correct)
  • Economic inequality among different regions

    • What is one example of a benefit of globalization for individuals?

  • Rapid dissemination of information
  • Job growth due to technological innovation
  • Opportunities for Filipino entrepreneurs to sell products globally (correct)
  • Expansion of the middle class

    • What does the term 'globalists' in the text refer to?

    <p>Supporters of free trade and free markets for global prosperity</p> Signup and view all the answers

    What is the main focus of the economic system in the context of globalization?

    <p>Facilitating free trade across international borders</p> Signup and view all the answers

    How does Francis Fukuyama believe industrialization and economic development would contribute to civil societies?

    <p>By favoring the establishment of complex civil societies with a prominent middle class</p> Signup and view all the answers

    In the context of globalization, what is the primary concern expressed about bigger countries?

    <p>They might influence global decisions more than others</p> Signup and view all the answers

    What do democracy, free market, freedom, and free trade have in common according to the globalists' belief?

    <p>They are interconnected in the context of globalization</p> Signup and view all the answers

    Which concept is likened to having a voice in choosing leaders in the text?

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

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser