Origins and History of Globalization

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Questions and Answers

What significant economic event occurred during 1929-1939 that influenced globalization?

Great Depression and Protectionism (correct)

End of Cold War

Establishment of the European Union

Technological breakthroughs

Which agreement was established in 1993, linking European countries?

Plaza Accord

General Agreement on Tariffs and Trade (GATT)

North American Free Agreement (NAFTA)

European Union (correct)

What marked the end of the Cold War between 1989-1991?

The fall of the Berlin Wall (correct)

The establishment of the World Trade Organization

The signing of the Plaza Accord

The rise of free market economies

What major technological advancement connected the world during the period of 1990-1999?

The expansion of the Internet Signup and view all the answers

Which event in 2001 significantly impacted global trade?

China's entry into the WTO Signup and view all the answers

During which decade did the East Asian Financial Crisis occur?

1990s Signup and view all the answers

What was a major outcome of the Breton Woods Conference in 1944?

Formation of international financial institutions Signup and view all the answers

What fundamental motivation drives the origins of globalization according to hardwired theory?

The quest for a better life Signup and view all the answers

Which perspective suggests that globalization is a long-term cyclical process?

Cycles Signup and view all the answers

In the context of epochs, what does the theory emphasize regarding previous waves of globalization?

They will not return in the future Signup and view all the answers

What shape does the population pyramid take when mortality rates at young ages are very low?

Box shape Signup and view all the answers

Which event is considered a significant point of origin for globalization?

The fall of the Roman Empire Signup and view all the answers

What might happen if fertility rates rise again at very high levels of development?

Population sizes will stabilize or increase Signup and view all the answers

Which century is associated with the significant European colonial conquests relevant to epochs of globalization?

15th century Signup and view all the answers

What major global event concluded the heyday of European imperialism?

World War II Signup and view all the answers

What is a common reason for people to migrate from one place to another?

Seeking better job opportunities Signup and view all the answers

In Lewis's Model of Rural-Urban Migration, what is assumed about the supply of labor?

It is unlimited, allowing for industrial expansion Signup and view all the answers

Which voyage is NOT specifically mentioned as a key event in the origin of globalization?

Exploration of the Arctic regions Signup and view all the answers

What does the Fei-Ranis Model emphasize in relation to rural-urban migration?

Surplus labor in agriculture paired with scarce capital Signup and view all the answers

What technological advancement is considered a point of origin for modern globalization?

The internet Signup and view all the answers

Which statement best describes the relationship between the epochs perspective and globalization?

Each epoch brings unique circumstances that shape globalization Signup and view all the answers

What is one of the significant changes that shaped the course of globalization after World War II?

Emergence of the United States as a global power Signup and view all the answers

What primarily characterizes quantitative restrictions in the context of the Rice Tariffication Law?

Limits on the number of rice imports Signup and view all the answers

Which of the following is a problem associated with the Rice Tariffication Law?

Increased rice imports undermining local farmers Signup and view all the answers

What is the primary demographic characteristic that global demography studies?

Examining population changes without local influences Signup and view all the answers

Why is the increase in global population considered alarming?

Resources are decreasing and diseases spread Signup and view all the answers

Which statement best reflects the relevance of understanding global demography?

It helps in recognizing patterns and solving social problems. Signup and view all the answers

What prompted the Philippine government to implement the Rice Tariffication Law?

To stabilize rice supply and lower consumer prices Signup and view all the answers

What is considered a main issue faced by rice farmers in the Philippines?

Competition from lower-priced imported rice Signup and view all the answers

What does global demography primarily study?

Statistical analysis of total global population Signup and view all the answers

Which of the following is NOT a factor contributing to the alarming rise in population?

Innovations in healthcare Signup and view all the answers

What is a significant consequence of poverty in relation to literacy levels?

Rise of illiterate people Signup and view all the answers

What characterizes Stage 1 of the Demographic Transition model?

High birth rates and high mortality rates Signup and view all the answers

What happens during Stage 2 of the Demographic Transition?

Mortality rates decrease while birth rates remain high Signup and view all the answers

What factor is influenced by women's empowerment within society during Stage 3 of Demographic Transition?

Fewer children being born Signup and view all the answers

What defines Stage 4 in the Demographic Transition model?

Low birth rates and low mortality rates Signup and view all the answers

During which stage does the population start to grow rapidly due to falling mortality rates?

Stage 2 Signup and view all the answers

In which stage do parents start to choose to have fewer children due to improved conditions?

Stage 3 Signup and view all the answers

What population characteristic describes the pyramid shape during Stage 1?

Broad base and narrow top Signup and view all the answers

What is a common characteristic of societies in Stage 1 of the Demographic Transition?

Minimal technological development Signup and view all the answers

Which stage is known for the end of rapid population growth?

Stage 4 Signup and view all the answers

Study Notes

Module Information

Module Title: Origins and History of Globalization
Instructor: Prof. Supriano D. Gatdula
Course: The Contemporary World

Globalization Timeline

1800-1899: Technological breakthroughs and Industrialization
1914-1918: World War 1 (sparked conflicts)
1920-1929: Gold Standard and Economic Boom
1929-1939: Great Depression, Protectionism
1939-1945: World War 2 (Allied Powers vs. Axis Powers)
1944: Breton Woods Conference (seeking global order)
1948: GATT (General Agreement on Tariffs and Trade) initiated
1950-1969: Computer advancements, Kennedy Round
1970-1979: End of Fixed Exchange Rates
1980-1989: Debt crisis, free market economies, Plaza Accord
1989-1991: End of the Cold War
1990-1999: Internet links the world,
1993: European Union established
1994: North American Free Trade Agreement (NAFTA)
1995: World Trade Organization (WTO) established
1997: East Asian Financial Crisis
2001: China joins the WTO
2008: Global Financial Crisis
2016-2021: Brexit
2017-2020: Trump Presidency, US-China Trade War
2020: COVID-19 Pandemic

Globalization Origins & Perspectives

Hardwired: Human motivation to improve life and seek better resources (food/security). History shows migration from Africa.
Cycles: Globalization is a cyclical process, adapting and changing through time rather than a single event's origin.
Epochs: Major waves of globalization with distinct origins (e.g., spread of religions; European colonialism) rather than a continuous occurrence.

Additional Notes

The instructor will likely ask about the history of technology to support globalization.

Philippine Rice Tariffication Law - Issues

RA 11598: The Rice Tariffication Law
Quantitative Restrictions: Specific limitations on import quantities.
Problems with the Rice Tariffication Law: Potential impacts on farmers, domestic production, etc.
Good and Bad Effects: Law's positive and negative consequences on rice agriculture
Affected Products: Focuses on rice, potentially impacting related industries or businesses

Global Demography

Study of worldwide populations, rather than individual countries/regions/cities.
Factors considered include race, age, marital status, gender, socio-economic status, and religion.
Global population estimates and birth/death rates.

Demographic Transition

Historical shift from high birth/death rates to lower rates in societies with advanced technology, education and economic development.
Explained as a five-stage process with characteristics and changes in each.

Migration

Reasons for migration include war, pursuit of better opportunities, persecution, unemployment, etc.
Consequences: both for the place of origin and destination. Economic, social, political, and demographic impacts.
Migration models, including Lewis, Fei-Ranis, Harris-Todaro, and Gravity Models.
Types of migration: voluntary or involuntary, asylum seekers, economic migrants, refugees and various forms like colonization to reflect broader global context.

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Description

Explore the significant events that shaped globalization from the 19th century to the 20th century. This quiz will cover technological advancements, major wars, economic changes, and pivotal agreements that have influenced global interactions. Test your understanding of the timeline and key milestones that led to the contemporary world we live in.