Questions and Answers
What is one of the most prominent aspects of globalization?
Economic integration across borders
Which aspect of globalization refers to the diffusion of cultural ideas between societies?
Cultural globalization
What has played a crucial role in driving globalization?
Advances in technology
Which of the following is NOT a benefit of globalization?
Signup and view all the answers
What does 'creation and multiplication' pertain to in the context of globalization?
Signup and view all the answers
Which area has been negatively affected by globalization, leading to challenges such as climate change?
Signup and view all the answers
What does the concept of 'CONSCIOUSNESS AND AWARENESS' in global issues refer to?
Signup and view all the answers
Which economic system involves individuals and businesses interacting to solve economic problems?
Signup and view all the answers
What do multinational corporations (MNCs) represent in the global economy?
Signup and view all the answers
According to realism, what does globalization primarily focus on?
Signup and view all the answers
What is the main characteristic of GLOBAL SUPPLY CHAINS due to globalization?
Signup and view all the answers
In which type of economic system are factors of production and distribution owned and managed by the state?
Signup and view all the answers
