intro to globalization

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

Enormous flow of capital and technology stimulating trade

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

The Modern Period

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

Huge international corporations and International Economic Institutions

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

It strengthened globalization through achieving universal morality

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

Led to material accumulation and strengthened globalization

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

Population explosion

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

Expansion of social networks and intensification of social relations

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

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

Creation of social networks crossing traditional boundaries

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

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

The worldwide web relaying distant information in real time

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

By cutting across traditional boundaries such as political, economic, cultural, and geographical

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

Generating and directing the extensive flow of culture

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

Hybridization

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

IMF and World Bank

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

State sovereignty

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

By featuring various celebrities in television

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

Religion

Test your knowledge on the concept of globalization according to Manfred Steger, focusing on its expansion and intensification of social relations and consciousness across world-time and world-space.

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