intro to globalization

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What is the major influence of technology on global trade according to the text?

Limiting capital flow

Reducing migration

Stifling trade growth

Enormous flow of capital and technology stimulating trade (correct)

Which period saw innovations in transportation, communication, and significant population explosion according to the text?

The Modern Period (correct)

The Post-Modern Period

The Pre-Modern Period

The Contemporary Period

Who are identified as major players in the global economic order in the text?

Huge international corporations and International Economic Institutions (correct)

Huge international corporations, small local businesses, and individuals

International Economic Institutions and small local businesses

Local small-scale businesses

How did the European Enlightenment project contribute to globalization according to the text?

It strengthened globalization through achieving universal morality Signup and view all the answers

What impact did the capitalist world system have on globalization according to the text?

Led to material accumulation and strengthened globalization Signup and view all the answers

Which factor accelerated the process of industrialization according to the text?

Population explosion Signup and view all the answers

What does Manfred Steger define as the main components of globalization?

Expansion of social networks and intensification of social relations Signup and view all the answers

How does globalization impact social relations according to the text?

It involves interactions between people, groups, or organizations leading to an exchange of feelings and ideas Signup and view all the answers

Which characteristic of globalization involves the creation of social networks that transcend various boundaries?

Creation of social networks crossing traditional boundaries Signup and view all the answers

How is globalization reflected in terms of activities and connections?

Globalization is reflected by the opening of local fast food chains in other countries, existence of electronics globally, and products manufactured in different countries Signup and view all the answers

What aspect of globalization involves the intensification and acceleration of social exchanges?

The worldwide web relaying distant information in real time Signup and view all the answers

In which way does globalization transcend geographical boundaries according to the text?

By cutting across traditional boundaries such as political, economic, cultural, and geographical Signup and view all the answers

What is the role of media empires in the cultural dimension of globalization?

Generating and directing the extensive flow of culture Signup and view all the answers

Which process often results in the interaction between global and local characteristics in areas like food, music, and fashion?

Hybridization Signup and view all the answers

What are examples of intergovernmental organizations that have an increasing impact on the global stage?

IMF and World Bank Signup and view all the answers

In contemporary globalization, what is the principle that refers to the independence and authority of a state over its territory?

State sovereignty Signup and view all the answers

How does advertisement contribute to cultural flow according to the text?

By featuring various celebrities in television Signup and view all the answers

What is the most defining element of any civilization according to the text?

Religion Signup and view all the answers

intro to globalization

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