Globalization Concepts and Theories
32 Questions
0 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

According to Steger, how should globalization be defined?

  • A phenomenon primarily driven by technological advancements.
  • The extension of market forces beyond national borders.
  • A set of complex social processes altering the social condition derived from modern nation-state independence. (correct)
  • A multidimensional set of social processes creating global interdependencies.
  • What is a key characteristic of globalization, as highlighted by scholars?

  • The weakening of social interdependencies at the local level.
  • The intensification of worldwide social interdependencies and exchanges. (correct)
  • The isolation of national markets from global economic forces.
  • The reduction of awareness regarding connections between local and distant communities.
  • According to the International Monetary Fund (IMF), what is a characteristic of globalization's progress?

  • It is eliminating poverty in all countries at the same rate.
  • It presents extensive opportunities for worldwide development, but its progress is uneven. (correct)
  • It is progressing evenly across all nations.
  • It is fostering a decline in international trade and finance.
  • Which of the following best describes globalization, according to Robertson (1992)?

    <p>The understanding of the world and the increased perception of the world as a whole. (B)</p> Signup and view all the answers

    Which factor does Hutton & Giddens emphasize as a key component of globalization?

    <p>The interplay of extraordinary technological innovation mixed with global influences. (D)</p> Signup and view all the answers

    According to Albrow and King (1990), what is the key characteristic of globalization?

    <p>The incorporation of the world's people into a single, borderless society. (B)</p> Signup and view all the answers

    What does the IMF indicate that globalization extends beyond national borders?

    <p>Market forces operating for centuries at various levels of human economic activity. (A)</p> Signup and view all the answers

    What did Giddens (1991) emphasize in his definition of globalization?

    <p>The intensification of social relationships connecting distant localities, such that local events are shaped by happenings from afar. (A)</p> Signup and view all the answers

    What is a common perception of globalization during the 1980s?

    <p>A word manifesting the advancements in modern technologies that have made international transactions convenient. (A)</p> Signup and view all the answers

    Which concept is NOT directly associated with the multidimensional nature of globalization?

    <p>Promoting national self-sufficiency and isolation. (B)</p> Signup and view all the answers

    According to Steger (2005), citing Freeden (2003), what does globalization primarily denote?

    <p>A variety of processes nesting under one complex term, rather than a single ideology. (A)</p> Signup and view all the answers

    What characterizes the modern definition of globalization according to the text?

    <p>An increasingly integrated global economy with free trade and capital flow. (B)</p> Signup and view all the answers

    According to the provided content, globalization should be described as:

    <p>A set of complex and sometimes contradictory social processes. (C)</p> Signup and view all the answers

    What did Inosemtsev (2008) say about the term 'globalization'?

    <p>It is one of the most known social studies, but is still a hollow terminology. (A)</p> Signup and view all the answers

    The text mentions that globalization began being used to define interdependent economics and information technology, after what event?

    <p>The Cold War (B)</p> Signup and view all the answers

    How has the balance shifted between science/knowledge and resources in determining a country's standard of living?

    <p>Science and knowledge have become the most significant factor. (B)</p> Signup and view all the answers

    What did Cuturela (2012) cite as the first known usage of 'globalization'?

    <p>A published work, Towards New Education, which discussed it as an overview of human experience in education. (A)</p> Signup and view all the answers

    What overarching framework did the global North and South internalize in the mid-1990s, according to Steger (2014)?

    <p>A neo-liberal framework advocating for deregulation of markets and privatization. (D)</p> Signup and view all the answers

    Which of the following is a core claim of market globalism regarding the nature of globalization?

    <p>Globalization is about the liberalization and global integration of markets. (D)</p> Signup and view all the answers

    How does the market-globalist perspective view the role of technology in globalization?

    <p>Technology is seen as a driver of irreversible market forces and a solution to social problems. (D)</p> Signup and view all the answers

    What does the claim 'Nobody is in charge of globalization' imply, according to the text?

    <p>Globalization is not under the control of any single individual, government, or institution. (B)</p> Signup and view all the answers

    What is the first claim of market globalism?

    <p>Globalization is about the liberalization and global integration of markets. (B)</p> Signup and view all the answers

    According to Robert Hormats, what is 'the great beauty of globalization'?

    <p>The fact that no one is in control (B)</p> Signup and view all the answers

    Which ideal is market globalism anchored in?

    <p>Neo-liberalism (B)</p> Signup and view all the answers

    According to Thomas Friedman, which of these statements best describes the nature of the global marketplace?

    <p>It is driven by an 'Electronic Herd' of investors connected by technology. (B)</p> Signup and view all the answers

    What was the statement issued at the 1996 G-7 Summit in Lyons, France suggest about globalization?

    <p>It offers considerable prospects for the future, benefiting both developed and developing countries alike. (C)</p> Signup and view all the answers

    Which factor is identified as a crucial link between economic advancement spurred by globalization and the development of successful democracies?

    <p>The rise of a robust middle class and complex civil societies (B)</p> Signup and view all the answers

    What correlation did Francis Fukuyama emphasize regarding economic development and democracy?

    <p>A clear correlation between a country's level of economic development and successful democracy. (A)</p> Signup and view all the answers

    How did Hillary Rodham Clinton view the economic changes in Eastern Europe following the fall of communism?

    <p>As the 'backbone of democracy' due to the growth of businesses and shopping centers. (C)</p> Signup and view all the answers

    Which concept did the 1996 G-7 Summit in Lyons, France, exemplify regarding globalization?

    <p>Globalization ultimately benefits everyone. (B)</p> Signup and view all the answers

    What is a key attribute of the 'Electronic Herd' described by Thomas Friedman?

    <p>They are connected by screens and networks, operating often anonymously. (A)</p> Signup and view all the answers

    How does globalization contribute to the development of democracy?

    <p>By making civil societies with a powerful middle class possible. (B)</p> Signup and view all the answers

    Flashcards

    Globalization

    The development of an increasingly integrated global economy marked by free trade and labor movement.

    Interdependent world

    A global context where countries rely on each other economically and informationally.

    Single world society

    A concept that people globally live in a community without borders.

    Transnational capital spread

    The movement of capital across national borders creating global markets.

    Signup and view all the flashcards

    Intensifying social relationships

    Increased connections and interactions among countries linking local events to global occurrences.

    Signup and view all the flashcards

    Social and economic networks

    Relationships formed through interactions relevant in global contexts.

    Signup and view all the flashcards

    Cultural understanding

    The increasing perception of the world and its diversity more clearly.

    Signup and view all the flashcards

    Processes of globalization

    A range of activities contributing to global interconnectedness but not an ideology.

    Signup and view all the flashcards

    Balance of Science and Resources

    The relationship between knowledge and available resources affecting living standards.

    Signup and view all the flashcards

    Advanced Economies

    Countries with the most modern technology and high living standards.

    Signup and view all the flashcards

    Neo-liberal Framework

    An economic approach advocating deregulated markets and privatization.

    Signup and view all the flashcards

    First Claim of Market Globalism

    Globalization involves the liberalization and global integration of markets.

    Signup and view all the flashcards

    Second Claim of Market Globalism

    Globalization is seen as inevitable and driven by technology.

    Signup and view all the flashcards

    Leaderlessness in Globalization

    The idea that no single entity controls globalization.

    Signup and view all the flashcards

    Third Claim of Market Globalism

    No individual or institution has control over globalization.

    Signup and view all the flashcards

    Global Integration

    The process of linking national economies through trade and technology.

    Signup and view all the flashcards

    Physical and Mental Dimensions

    Global flows occur in both tangible and intangible aspects of society.

    Signup and view all the flashcards

    Social Interdependencies

    Connections among people and societies that influence each other's conditions.

    Signup and view all the flashcards

    International Monetary Fund (IMF)

    An organization that monitors and supports global economic stability.

    Signup and view all the flashcards

    Uneven Globalization

    The unequal integration of countries into the global market.

    Signup and view all the flashcards

    Modern Technologies in Globalization

    Advancements that facilitate easier international trade and finance.

    Signup and view all the flashcards

    Historical Context of Globalization

    Globalization is not new; it has centuries of market interactions.

    Signup and view all the flashcards

    Complexity of Globalization

    The intricate mix of technology and global influences shaping society.

    Signup and view all the flashcards

    Electronic Herd

    A term describing anonymous global traders using networks for transactions.

    Signup and view all the flashcards

    Market Globalism

    The belief that globalization benefits everyone through economic growth.

    Signup and view all the flashcards

    G-7 Summit 1996

    Meeting where world leaders endorsed globalization's benefits for economic progress.

    Signup and view all the flashcards

    Investment and Trade Expansion

    Globalization accelerates investment and trade on a large scale.

    Signup and view all the flashcards

    Technological Innovation

    Advancements in technology due to globalization facilitate progress.

    Signup and view all the flashcards

    Civil Societies and Democracy

    Economic development from globalization fosters conditions for democracy.

    Signup and view all the flashcards

    Economic Development and Democracy

    Fukuyama's correlation between higher development levels and successful democracies.

    Signup and view all the flashcards

    Eastern Europe Transition

    The shift towards capitalism in Eastern Europe seen as a step towards democracy.

    Signup and view all the flashcards

    Study Notes

    Globalization Defined

    • Globalization is a complex term with evolving meanings
    • Early usages date back to the 1930s in educational contexts, contrasted with the contemporary understanding following the Cold War.
    • Globalization is characterized by interconnectedness (economy, social relations, and information).
    • It's defined by factors like free trade, capital flow, and labor markets.
    • Globalization involves a growing awareness of a single global society connecting people worldwide.
    • The effects of globalization are significant and impactful on sovereign states, affecting economies and markets.
    • Globalization is described as processes intensifying social interactions across vast distances.
    • Globalization results in interconnectedness between local and global events.

    Core Claims of Market Globalism

    • Market globalism is a perspective that sees globalization as primarily driven by global markets.
    • It emphasizes liberalization, integration, and the idea that free markets are the foundation for a global order.
    • The perspective views globalization as inevitable and irreversible.
    • It suggests that globalization leads to greater social integration and economic progress, especially in democratic societies.
    • Market globalism is often linked to a belief that market forces can solve social problems.
    • It argues that globalization is leaderless and unmanaged.

    Further Aspects of Globalization

    • Globalization is a complex interplay of technological improvements and global influences.
    • Advancements in technology are key drivers for globalized economies.
    • Globalization is not an ideology but a range of processes encompassing physical and mental dimensions.
    • Globalization encompasses social processes changing current social conditions due to independent nation-states.
    • It involves intensifying global social and cultural interdependencies and exchanges.
    • Globalization involves an awareness of the interconnectedness between local and distant events.
    • Globalization offers opportunities for global development by expanding trade and investment from all countries, fostering technological advances and skilled jobs.
    • There is a correlation between economic development and the adoption of democracy in countries. Global economic factors facilitate democracy.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Related Documents

    Globalization Lecture Notes PDF

    Description

    This quiz explores key definitions and characteristics of globalization as highlighted by various scholars, including Steger, Robertson, and Giddens. It delves into the multifaceted nature of globalization, its economic aspects, and the perceptions surrounding it during different historical periods.

    More Like This

    Globalization Theories Quiz
    12 questions
    Understanding Globalization Theories
    8 questions
    Use Quizgecko on...
    Browser
    Browser