Identification Quiz: Globalization Structures

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Questions and Answers

Define Global Governance.

The sum of laws, norms, policies, and institutions that define, constitute, and mediate trans-border relations.

What is the main focus of Internationalism?

Cooperation between nations.

Explain the concept of Leapfrogging.

The idea that countries can skip to more efficient and cost-effective technologies not available in the past.

What is the significance of the Agricultural Revolution?

<p>Increased productivity, permanent settlements, trade networks, and population growth.</p> Signup and view all the answers

Who were the Robber Barons?

<p>19th-century industrialists known for their wealth and economic inequality.</p> Signup and view all the answers

Briefly describe the Industrial Revolution.

<p>Brought new economic tools, mass production, and improved standards of living.</p> Signup and view all the answers

What is the movement of goods, capital, services, technology, and information worldwide known as?

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

What does Economic Globalization primarily focus on?

<p>Globalization of production, finance, markets, technology, institutions, corporations, and labor</p> Signup and view all the answers

What is the policy of systematic government intervention in foreign trade to encourage domestic production called?

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

Which social institution has a significant impact on society, especially in the context of the economy?

<p>Market Integration</p> Signup and view all the answers

What are the three sectors of the economy and their primary functions?

<p>Primary sector (extracts raw materials), Secondary sector (transforms raw materials into manufactured goods), Tertiary sector (involves services rather than goods)</p> Signup and view all the answers

How is a Nation-State defined?

<p>A community of persons permanently occupying a fixed territory, possessing an independent government organized for political ends</p> Signup and view all the answers

Who coined the term 'United Nations' and what does it refer to?

<p>President Franklin Roosevelt, International organization addressing global issues</p> Signup and view all the answers

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