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What is the process by which more people across large distances become connected in more different ways?
What is the process by which more people across large distances become connected in more different ways?
Globalization
What is a crucial maritime trade route that connected Southeast Asia, the Indian subcontinent, the Arabian Peninsula, and East Africa?
What is a crucial maritime trade route that connected Southeast Asia, the Indian subcontinent, the Arabian Peninsula, and East Africa?
Indian Ocean Trade Network
What was a key innovation that originated in China and spread westward along trade routes, eventually reaching the Islamic world and later Europe?
What was a key innovation that originated in China and spread westward along trade routes, eventually reaching the Islamic world and later Europe?
The invention of paper
What major event during the medieval period marked the spread of the plague from Asia to Europe, significantly impacting the social and economic fabric of Europe?
What major event during the medieval period marked the spread of the plague from Asia to Europe, significantly impacting the social and economic fabric of Europe?
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What period marked the rebirth of art, science, and exploration, driven by the expansion of trade routes and new technologies?
What period marked the rebirth of art, science, and exploration, driven by the expansion of trade routes and new technologies?
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What was the key voyage that led to the discovery of the Americas in 1492?
What was the key voyage that led to the discovery of the Americas in 1492?
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What European powers began colonizing the Americas, Africa, and parts of Asia in the 15th and 16th centuries?
What European powers began colonizing the Americas, Africa, and parts of Asia in the 15th and 16th centuries?
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What technological innovation revolutionized manufacturing, transportation, and communication, beginning in Britain in the late 18th century?
What technological innovation revolutionized manufacturing, transportation, and communication, beginning in Britain in the late 18th century?
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What global event led to the forced transportation of millions of Africans to the Americas, playing a vital role in the global economy and fueling the labor-intensive agricultural systems of the Americas?
What global event led to the forced transportation of millions of Africans to the Americas, playing a vital role in the global economy and fueling the labor-intensive agricultural systems of the Americas?
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What key inventions led to near-instantaneous communication across vast distances, further shrinking the world in the 19th century?
What key inventions led to near-instantaneous communication across vast distances, further shrinking the world in the 19th century?
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What revolutionized the movement of goods and people, opening up new frontiers for exploration and settlement during the 19th century?
What revolutionized the movement of goods and people, opening up new frontiers for exploration and settlement during the 19th century?
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What era saw unprecedented acceleration in the process of globalization, driven by industrialization, technological innovations, and the expansion of global empires?
What era saw unprecedented acceleration in the process of globalization, driven by industrialization, technological innovations, and the expansion of global empires?
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What is the transfer of ideas, practices, values, or cultural elements across different regions, societies, and contexts during the process of globalization?
What is the transfer of ideas, practices, values, or cultural elements across different regions, societies, and contexts during the process of globalization?
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What refers to the profound and often irreversible changes that occur because of the increasing interconnectedness of the world's economies, cultures, societies, and political systems?
What refers to the profound and often irreversible changes that occur because of the increasing interconnectedness of the world's economies, cultures, societies, and political systems?
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What exemplifies a rise in international institutions that govern and regulate cross-border issues, blurring the lines between countries and promoting international cooperation?
What exemplifies a rise in international institutions that govern and regulate cross-border issues, blurring the lines between countries and promoting international cooperation?
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What refers to the blending of cultural elements across the world, creating a global culture or a global identity?
What refers to the blending of cultural elements across the world, creating a global culture or a global identity?
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What exemplifies the success of companies like Apple or Amazon, which operate on a global scale, transcending national boundaries?
What exemplifies the success of companies like Apple or Amazon, which operate on a global scale, transcending national boundaries?
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What has dramatically transformed how people communicate, access information, and conduct business, enabling instant communication and the sharing of knowledge across the globe?
What has dramatically transformed how people communicate, access information, and conduct business, enabling instant communication and the sharing of knowledge across the globe?
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What exemplifies the increasing interconnectedness of social movements and the rise of global activism, where people around the world are joining forces to tackle common challenges, building a sense of global solidarity?
What exemplifies the increasing interconnectedness of social movements and the rise of global activism, where people around the world are joining forces to tackle common challenges, building a sense of global solidarity?
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What refers to the idea of overcoming limited, local, or personal perspectives to adopt a universal human perspective and address global challenges such as climate change, pandemics, and conflict?
What refers to the idea of overcoming limited, local, or personal perspectives to adopt a universal human perspective and address global challenges such as climate change, pandemics, and conflict?
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What emphasizes the competitive and conflictual side of international relations?
What emphasizes the competitive and conflictual side of international relations?
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What theory promotes individual liberty, international cooperation, and the importance of international organizations and law to solve common global problems?
What theory promotes individual liberty, international cooperation, and the importance of international organizations and law to solve common global problems?
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What is the theory that countries are primarily motivated by their own interests and security, leading to conflict, and emphasizes military power and the need for states to act in ways that ensure their own survival?
What is the theory that countries are primarily motivated by their own interests and security, leading to conflict, and emphasizes military power and the need for states to act in ways that ensure their own survival?
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Liberalism is optimistic about human nature and believes that cooperation is possible.
Liberalism is optimistic about human nature and believes that cooperation is possible.
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Realism is optimistic about human nature and believes that cooperation is the primary driver of international relations.
Realism is optimistic about human nature and believes that cooperation is the primary driver of international relations.
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What emphasizes economic cooperation and global trade, believing that interconnected economies lead to peace?
What emphasizes economic cooperation and global trade, believing that interconnected economies lead to peace?
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What emphasizes military power and the need for states to ensure their own survival, often through a balance-of-power strategy?
What emphasizes military power and the need for states to ensure their own survival, often through a balance-of-power strategy?
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What is a politically organized sovereign community independent of outside control, bound by penalties of nationhood, legally supreme within its territory, acting through a government functioning under a regime of law?
What is a politically organized sovereign community independent of outside control, bound by penalties of nationhood, legally supreme within its territory, acting through a government functioning under a regime of law?
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What is a community of persons sufficient in number and capable of maintaining the permanent existence of the community and held together by a common bond of law?
What is a community of persons sufficient in number and capable of maintaining the permanent existence of the community and held together by a common bond of law?
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What is the definite portion of the earth where people reside and must be capable of sustaining its inhabitants?
What is the definite portion of the earth where people reside and must be capable of sustaining its inhabitants?
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What is the institution inside the state that is composed of the body or entity that provides for the policies that govern the entirety of state affairs and thus by doing so acts as the agents through which the state acts?
What is the institution inside the state that is composed of the body or entity that provides for the policies that govern the entirety of state affairs and thus by doing so acts as the agents through which the state acts?
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What is the inherent authority of a state or government to regulate behaviors and enforce order within its territory, often to protect public health, safety, morals, and general welfare?
What is the inherent authority of a state or government to regulate behaviors and enforce order within its territory, often to protect public health, safety, morals, and general welfare?
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What is the power of the state to take any kind of private property, provided it is for public welfare, with the payment of just and reasonable compensation?
What is the power of the state to take any kind of private property, provided it is for public welfare, with the payment of just and reasonable compensation?
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What is the power of the state to impose taxes to generate revenue for funding government functions, such as infrastructure, defense, public services, and welfare programs?
What is the power of the state to impose taxes to generate revenue for funding government functions, such as infrastructure, defense, public services, and welfare programs?
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What are independent of governments and can be seen as two types: advocacy NGO's, which aim to influence governments with a specific goal, and operational NGO's, which provide services?
What are independent of governments and can be seen as two types: advocacy NGO's, which aim to influence governments with a specific goal, and operational NGO's, which provide services?
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What is a company that has business operations in at least one country other than its home country?
What is a company that has business operations in at least one country other than its home country?
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What is a school of thought that emphasizes the competitive and conflictual side of international relations, believing that states are primarily motivated by their own interests and security, often leading to conflict?
What is a school of thought that emphasizes the competitive and conflictual side of international relations, believing that states are primarily motivated by their own interests and security, often leading to conflict?
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Realism emphasizes the importance of international organizations and law in promoting peace and cooperation.
Realism emphasizes the importance of international organizations and law in promoting peace and cooperation.
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What refers to a situation where countries, businesses, or individuals rely on each other for resources, goods, services, or security?
What refers to a situation where countries, businesses, or individuals rely on each other for resources, goods, services, or security?
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What refers to a situation where one country, organization, or individual relies on another for resources, support, or economic well-being, often resulting in vulnerability?
What refers to a situation where one country, organization, or individual relies on another for resources, support, or economic well-being, often resulting in vulnerability?
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What encompasses the production, distribution, and consumption of goods and services and examines the choices that individuals, businesses, governments, and nations make to allocate resources?
What encompasses the production, distribution, and consumption of goods and services and examines the choices that individuals, businesses, governments, and nations make to allocate resources?
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What is the result of human innovation and technological progress, characterized by the increasing integration of economies around the world through the movement of goods, services, and capital across borders?
What is the result of human innovation and technological progress, characterized by the increasing integration of economies around the world through the movement of goods, services, and capital across borders?
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What is the adaptation of a particular product or service to one of those markets?
What is the adaptation of a particular product or service to one of those markets?
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What is the process by which companies expand their operations, products, or services to other countries?
What is the process by which companies expand their operations, products, or services to other countries?
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What was the first global trade route in history, known for connecting the East and West, facilitating the exchange of goods, culture, and ideas?
What was the first global trade route in history, known for connecting the East and West, facilitating the exchange of goods, culture, and ideas?
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What is a Spanish sailing vessel that made an annual round trip across the Pacific between Manila (in the Philippines) and Acapulco (in present Mexico) from the late 16 th century to the early 19th century?
What is a Spanish sailing vessel that made an annual round trip across the Pacific between Manila (in the Philippines) and Acapulco (in present Mexico) from the late 16 th century to the early 19th century?
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What is a monetary system in which paper money is freely convertible into a fixed amount of gold?
What is a monetary system in which paper money is freely convertible into a fixed amount of gold?
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What is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it?
What is a government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it?
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What refers to a regime where the currency price of a nation is set by the forex market based on supply and demand relative to other currencies?
What refers to a regime where the currency price of a nation is set by the forex market based on supply and demand relative to other currencies?
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What is a place where parties can gather to facilitate the exchange of goods and services, where prices are usually determined by supply and demand?
What is a place where parties can gather to facilitate the exchange of goods and services, where prices are usually determined by supply and demand?
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What is a trade pact between countries that offers preferential access to certain products or services, usually by reducing tariffs or offering other trade benefits?
What is a trade pact between countries that offers preferential access to certain products or services, usually by reducing tariffs or offering other trade benefits?
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What is a free-trade agreement between countries where the countries agreed to trade freely among themselves but can trade with other countries outside of the free-trade area in whatever way they wish?
What is a free-trade agreement between countries where the countries agreed to trade freely among themselves but can trade with other countries outside of the free-trade area in whatever way they wish?
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What involves the countries agreeing to trade freely among themselves and adopting common external barriers against any country attempting to import into the custom union, typically involving a common external tariff?
What involves the countries agreeing to trade freely among themselves and adopting common external barriers against any country attempting to import into the custom union, typically involving a common external tariff?
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What is a common market with a common currency and a common central bank, where countries integrate and collaborate on the level of monetary policy, fiscal policy, and other tax policy as well?
What is a common market with a common currency and a common central bank, where countries integrate and collaborate on the level of monetary policy, fiscal policy, and other tax policy as well?
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What involves the complete unification of economic policies and the establishment of a single economic entity, which may include a shared currency, unified fiscal and monetary policies, and harmonized economic regulations?
What involves the complete unification of economic policies and the establishment of a single economic entity, which may include a shared currency, unified fiscal and monetary policies, and harmonized economic regulations?
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What is the assumption that in competitive markets, with no transaction costs, no official trade barriers, and tradable goods, the price of an identical asset or commodity will have the same price globally, regardless of location?
What is the assumption that in competitive markets, with no transaction costs, no official trade barriers, and tradable goods, the price of an identical asset or commodity will have the same price globally, regardless of location?
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What is a tax imposed by one country on the goods and services imported from another country to influence it, raise revenues, or protect competitive advantages?
What is a tax imposed by one country on the goods and services imported from another country to influence it, raise revenues, or protect competitive advantages?
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What refers to the adaptation of products, services, or content to meet the specific needs of a local market or culture?
What refers to the adaptation of products, services, or content to meet the specific needs of a local market or culture?
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The Silk Road was primarily focused on the trade of silk, hence the name.
The Silk Road was primarily focused on the trade of silk, hence the name.
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The Gold Standard is a monetary system where paper money is freely convertible into a fixed amount of gold.
The Gold Standard is a monetary system where paper money is freely convertible into a fixed amount of gold.
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Study Notes
Globalization Timeline
- Globalization, the process of increased interconnectedness, traces its roots to ancient times
- Ancient (3000 BCE - 500 CE): Trade networks like the Silk Road connected different regions, facilitating the exchange of goods, ideas, and technology
- Ancient (3000 BCE - 500 CE): The Indian Ocean Trade Network connected Southeast Asia, India, Arabia, and East Africa, facilitating cultural and religious spread
- Ancient (3000 BCE - 500 CE): Trans-Saharan Trade Routes connected sub-Saharan Africa with the Mediterranean world, facilitating the spread of Islam
- Ancient (3000 BCE - 500 CE): Cultural and religious spread saw the movement of major faiths like Buddhism, Hinduism, and Judaism
Medieval Period (500 CE - 1500 CE)
- Medieval Period (500 CE - 1500 CE): The Byzantine Empire promoted trade and knowledge preservation
- Medieval Period (500 CE - 1500 CE): The Mongol Empire facilitated trade and communication across Eurasia
- Medieval Period (500 CE - 1500 CE): The Islamic Golden Age fostered advancements in knowledge, science, and culture
- Medieval Period (500 CE - 1500 CE): Christianity spread throughout Europe
Renaissance (14th - 17th Century)
- Renaissance (14th - 17th Century): An era of rebirth in art, science, and exploration, driven by increased globalization
- Renaissance (14th - 17th Century): The Age of Exploration connected Europe with Africa, the Americas, and Asia
- Renaissance (14th - 17th Century): Colonization of the Americas, Africa, and parts of Asia created international trade networks
- Renaissance (14th - 17th Century): Technological innovations like the compass and gunpowder enhanced trade and exploration
- Renaissance (14th - 17th Century): The Black Death reshaped Europe's societal structure
Industrial Revolution (18th - 19th Century)
- Industrial Revolution (18th - 19th Century): Technological advancements like the steam engine, railroads, and telegraphs connected distant parts of the world
- Industrial Revolution (18th - 19th Century): Global trade networks expanded, with raw materials extracted from colonies and manufactured goods transported to new markets
- Industrial Revolution (18th - 19th Century): Colonial empires expanded, controlling significant parts of the world
- Industrial Revolution (18th - 19th Century): The Atlantic Slave Trade transported millions of Africans
- Industrial Revolution (18th - 19th Century) : The spread of social movements
- Industrial Revolution (18th - 19th Century) : Environmental issues requiring global cooperation
Modern Era (18th Century - Present)
- Modern Era (18th Century - Present): The rise of global trade organizations like the WTO and IMF facilitated economic cooperation and established global financial systems
- Modern Era (18th Century - Present): The development of the Internet, mobile technology, and global supply chains increased the interconnectedness of economies
- Modern Era (18th Century - Present): Globalization also brought challenges like climate change, pandemics, and social conflicts across borders
- Modern Era (18th Century - Present): Global challenges emphasize the need for unified actions across different countries
Transcendence in Globalization
- Transcendence: The idea that globalization challenges traditional boundaries of nation-states
- Cultural Transcendence: The blending of different cultures through the exchange of ideas, foods, art, and people across borders
- Economic Transcendence: The shift from national economies to an interconnected global economy
- Technological Transcendence: The ability for rapid communication and information sharing between locations
- Social Transcendence: The increased interconnectedness through social movements and activism
- Environmental Transcendence: Globalization brings environmental issues that transcend national boundaries
Globalization's Five Dimensions
- Expansion and diversification of manufacturing and sourcing activities, creating global supply chains
- Growing competition between markets
- Increased international transactions
- Advances in technology
- Capital flow across international boundaries
Types of Market Integration
- Underground markets: Illegal transactions occur without government knowledge
- Auction markets: Buyers and sellers compete for prices
- Financial markets: Trading of securities, such as stocks, bonds, and currencies
- Foreign exchange markets: Currencies are exchanged
- Common markets: Countries have common policies on product regulation
- Common market with free movement of goods, services, capital, and labor
- Economic union: Common market with a common currency and monetary policy
Theories of Globalization
- World systems theory
- World polity theory
- World culture theory
Elements of the State
- People
- Territory
- Government
- Sovereignity
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Description
Test your knowledge on the historical timeline of globalization from ancient times to the medieval period. Explore how trade networks, empires, and cultural exchanges shaped interconnectedness across the world. Challenge yourself with this engaging quiz!
