Globalization Overview - The Contemporary World GEC 103

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What is the main difference between globality and globalism?

Globality refers to a future social condition while globalism refers to an ideology. (correct)

Globality encompasses the movement of people, while globalism revolves around political ideas.

Globality involves economic, political, and cultural interconnections, while globalism focuses on political borders and economic barriers.

Globality emphasizes technological advancement, while globalism focuses on cultural exchanges.

According to Appadurai, what is one of the five dimensions of global cultural flow?

Technospace – circulation of mechanical goods and software

Mediaspace – flow of culture (correct)

Ethnospace – global movement of people

Ideospace – the realm of political ideas

Which of the following is NOT considered a global economic organization mentioned in the text?

Association of Southeast Asian Nations (ASEAN)

World Trade Organization (WTO)

European Union (EU) (correct)

International Labor Organization (ILO)

What does Ideospace refer to in the context of globalization?

The realm of political ideas Signup and view all the answers

Which dimension of global cultural flow focuses on the circulation of money?

Financespace Signup and view all the answers

What characterizes Economics Expert's definition of globalization?

Fast speed of trade through technology Signup and view all the answers

What is the main characteristic of the global economy according to the text?

Interdependent production and consumption Signup and view all the answers

Which term refers to a belief that global integration of economic markets benefits everyone by spreading freedom and democracy?

Globalism Signup and view all the answers

What does Globalization involve intensification of across borders?

Economic, political, social, and cultural relations Signup and view all the answers

What does Globality refer to according to Steger (2005)?

Thick interconnections and global flows Signup and view all the answers

Which concept describes the idea that societies, cultures, politics, and economics are merging in some sense?

Global Village Signup and view all the answers

How is globalization defined by Ray Kiely and Phil Marfleet in their book 'Globalisation and the Third World'?

"Globalization is the intensification of economic, political, social, and cultural relations across borders." Signup and view all the answers

What is one of the attributes of globalization?

Intensification and acceleration of social exchanges and activities Signup and view all the answers

How does globalization impact the notion of nation-state according to the text?

It challenges the notion of nation-state Signup and view all the answers

Globalization Overview - The Contemporary World GEC 103 - Week 1

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Questions and Answers

What is the main difference between globality and globalism?

According to Appadurai, what is one of the five dimensions of global cultural flow?

Which of the following is NOT considered a global economic organization mentioned in the text?

What does Ideospace refer to in the context of globalization?

Which dimension of global cultural flow focuses on the circulation of money?

What characterizes Economics Expert's definition of globalization?

What is the main characteristic of the global economy according to the text?

Which term refers to a belief that global integration of economic markets benefits everyone by spreading freedom and democracy?

What does Globalization involve intensification of across borders?

What does Globality refer to according to Steger (2005)?

Which concept describes the idea that societies, cultures, politics, and economics are merging in some sense?

How is globalization defined by Ray Kiely and Phil Marfleet in their book 'Globalisation and the Third World'?

What is one of the attributes of globalization?

How does globalization impact the notion of nation-state according to the text?

Which term refers to the concept of a 'borderless world' in the context of globalization?

What is a common outcome of globalization according to the text?

How does globalization affect social relations, as mentioned in the text?

What is one implication of globalization on world governance?

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