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 (A)</p> Signup and view all the answers

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

<p>Financespace (B)</p> Signup and view all the answers

What characterizes Economics Expert's definition of globalization?

<p>Fast speed of trade through technology (A)</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 (B)</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 (D)</p> Signup and view all the answers

What does Globalization involve intensification of across borders?

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

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

<p>Thick interconnections and global flows (D)</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 (A)</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; (C)</p> Signup and view all the answers

What is one of the attributes of globalization?

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

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

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

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

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

What is one implication of globalization on world governance?

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

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