Globalization: Global North and Global South
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Questions and Answers

What term refers to the socio-economic and political divide primarily focused on the Southern Hemisphere?

  • Third World
  • Global South (correct)
  • Global North
  • First World
  • Which countries does the Global North primarily consist of?

  • Asia, Australia, New Zealand (correct)
  • Africa, Latin America
  • Russia, United States, Japan
  • Europe, North America
  • What was the term used to refer to countries that did not belong to First World or Second World economies?

  • Global South
  • Third World (correct)
  • Colonial nations
  • Developed countries
  • Which term was replaced by 'Global South' after the Cold War?

    <p>Third World</p> Signup and view all the answers

    What is the primary focus of regionalization?

    <p>Economic policy coordination</p> Signup and view all the answers

    Which continents are typically included in the Global South?

    <p>Asia, Latin America, Africa</p> Signup and view all the answers

    What was the primary purpose of the North Atlantic Treaty Organization (NATO) when it was formed during the Cold War?

    <p>To protect Western European countries and the United States against the threat of the Soviet Union</p> Signup and view all the answers

    What was the primary objective of the Organization of Petroleum Exporting Countries (OPEC)?

    <p>To regulate the production and sale of oil among member countries</p> Signup and view all the answers

    What was the primary goal of the Non-Aligned Movement (NAM)?

    <p>To pursue world peace, international cooperation, human rights, and non-intervention among member nations</p> Signup and view all the answers

    What is considered one of the most serious challenges of regionalism, according to the text?

    <p>Militant nationalism and the refusal of NATO to dismantle after the collapse of the Soviet Union</p> Signup and view all the answers

    What is an example of an economic crisis faced by regional blocs, as mentioned in the text?

    <p>Greece considering leaving the European Union to gain more economic flexibility</p> Signup and view all the answers

    What event is cited as an example of anti-immigrant sentiment and populist campaigns against regional blocs?

    <p>The United Kingdom's decision to leave the European Union, known as 'Brexit'</p> Signup and view all the answers

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