Globalization Overview: The Contemporary World GEC 103 Week 1

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18 Questions

According to Ray Kiely and Phil Marfleet, how do societies, cultures, politics, and economics come together in globalization?

In some sense, they come together

What concept refers to a future social condition with thick economic, political, and cultural interconnections?

Globality

What is the main focus of Globalism according to the text?

Belief in global integration of economic markets

What is the essence of Cultural Imperialism?

The belief in a superior culture

How does Globalization impact the world economy?

By evolving into a single market with interdependent production

What is the key aspect of Global Village concept?

Borderless nature due to communication technology

What is one of the key aspects of globalization as mentioned in the text?

Promotion of cultural diversity

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

Challenges the concept of nation-state

Which of the following is NOT an attribute of globalization as listed in the text?

Isolation from global trends

What term is used to describe the concept of imposing a dominant culture on other societies, as mentioned in the text?

Cultural imperialism

In what way does globalization impact human interaction, as described in the text?

Enhances connectivity through various means like social media and travel

What effect does globalization have on the traditional concept of a 'borderless world'?

Promotes the idea of interconnectedness beyond geographical boundaries

What is the primary focus of the concept of 'globality' as defined by Holm and Sorensen?

Economic interconnections and global flows

According to Steger (2005), what aspect of globalization makes current political borders irrelevant?

Thick economic, political, and cultural interconnections

Which dimension of global cultural flow refers to the circulation of mechanical goods and software?

Technospace

In the context of globalization, which organization is primarily concerned with global economic stabilization and development?

World Bank (WB)

What is the main feature that distinguishes 'globalism' from 'globality' in the context of globalization?

Globalization as an ideology

Which dimension in Appadurai's Five Dimensions of Global Cultural Flow relates to the global circulation of money?

Financespace

Learn about the impact of globalization on the world economy, including the concept of cultural imperialism and globalism. Explore how the world economy is becoming interconnected, leading to the spread of ideas, practices, and technologies.

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