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?

  • 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?

    <p>The realm of political ideas</p> Signup and view all the answers

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

    <p>Financespace</p> Signup and view all the answers

    What characterizes Economics Expert's definition of globalization?

    <p>Fast speed of trade through technology</p> Signup and view all the answers

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

    <p>Interdependent production and consumption</p> 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?

    <p>Globalism</p> Signup and view all the answers

    What does Globalization involve intensification of across borders?

    <p>Economic, political, social, and cultural relations</p> Signup and view all the answers

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

    <p>Thick interconnections and global flows</p> Signup and view all the answers

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

    <p>Global Village</p> Signup and view all the answers

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

    <p>&quot;Globalization is the intensification of economic, political, social, and cultural relations across borders.&quot;</p> Signup and view all the answers

    What is one of the attributes of globalization?

    <p>Intensification and acceleration of social exchanges and activities</p> Signup and view all the answers

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

    <p>It challenges the notion of nation-state</p> Signup and view all the answers

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

    <p>Global village</p> Signup and view all the answers

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

    <p>Adoption of other cultures</p> Signup and view all the answers

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

    <p>Expansion and stretching</p> Signup and view all the answers

    What is one implication of globalization on world governance?

    <p>Increased need for international laws</p> Signup and view all the answers

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