Origins and History of Globalization

<p>The expansion of the Internet (C)</p> Signup and view all the answers

<p>China's entry into the WTO (B)</p> Signup and view all the answers

<p>1990s (D)</p> Signup and view all the answers

<p>Formation of international financial institutions (B)</p> Signup and view all the answers

<p>The quest for a better life (C)</p> Signup and view all the answers

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

<p>They will not return in the future (A)</p> Signup and view all the answers

<p>Box shape (C)</p> Signup and view all the answers

<p>The fall of the Roman Empire (D)</p> Signup and view all the answers

<p>Population sizes will stabilize or increase (B)</p> Signup and view all the answers

<p>15th century (D)</p> Signup and view all the answers

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

<p>Seeking better job opportunities (D)</p> Signup and view all the answers

<p>It is unlimited, allowing for industrial expansion (B)</p> Signup and view all the answers

<p>Exploration of the Arctic regions (A)</p> Signup and view all the answers

<p>Surplus labor in agriculture paired with scarce capital (A)</p> Signup and view all the answers

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

<p>Each epoch brings unique circumstances that shape globalization (D)</p> Signup and view all the answers

<p>Emergence of the United States as a global power (D)</p> Signup and view all the answers

<p>Limits on the number of rice imports (B)</p> Signup and view all the answers

<p>Increased rice imports undermining local farmers (D)</p> Signup and view all the answers

<p>Examining population changes without local influences (A)</p> Signup and view all the answers

<p>Resources are decreasing and diseases spread (A)</p> Signup and view all the answers

<p>It helps in recognizing patterns and solving social problems. (C)</p> Signup and view all the answers

<p>To stabilize rice supply and lower consumer prices (C)</p> Signup and view all the answers

<p>Competition from lower-priced imported rice (B)</p> Signup and view all the answers

<p>Statistical analysis of total global population (B)</p> Signup and view all the answers

<p>Innovations in healthcare (B)</p> Signup and view all the answers

<p>Rise of illiterate people (B)</p> Signup and view all the answers

<p>High birth rates and high mortality rates (A)</p> Signup and view all the answers

<p>Mortality rates decrease while birth rates remain high (C)</p> Signup and view all the answers

<p>Fewer children being born (D)</p> Signup and view all the answers

<p>Low birth rates and low mortality rates (A)</p> Signup and view all the answers

<p>Stage 2 (B)</p> Signup and view all the answers

<p>Stage 3 (B)</p> Signup and view all the answers

<p>Broad base and narrow top (A)</p> Signup and view all the answers

<p>Minimal technological development (D)</p> Signup and view all the answers

<p>Stage 4 (D)</p> Signup and view all the answers

A period when many countries faced significant economic hardship due to high levels of debt.

The collapse of the Soviet Union and the communist bloc, leading to significant geopolitical shifts.

The widespread adoption and increase usage of the internet dramatically connected the world.

North American Free Trade Agreement. A trade agreement between the US, Canada, and Mexico.

World Trade Organization. An international body regulating trade between countries

China's entry into the World Trade Organization, impacting global trade.

Severe economic downturn globally triggered by the collapse of financial markets.

Globalization is rooted in human desire for better lives, prompting movement and exploration for resources and security.

Globalization isn't a one-time event, but a repeating pattern of growth and change over time, with current stages building on previous ones.

Globalization exists in distinct periods (epochs) with different origins, each building on the previous but not returning to the same patterns.

Specific events like religious expansion, exploration, colonialism, or technological advancements can also mark the origin or acceleration of globalization.

One example of an event that fostered early globalization by connecting distant regions through religious expansion.

Voyages like Columbus's, da Gama's, and Magellan's voyages exemplified early globalization through trade and exploration.

European empires expanding across the globe, creating interconnected markets and altering economies dramatically.

The internet, evolving from the ARPANET in 1969, dramatically expanded global interconnectedness.

A historical period where countries maintained fixed exchange rates between their currencies.

A trade conflict between the US and China in 2018.

The study of worldwide population trends, looking at the big picture without focusing on local factors.

A model describing changes in birth rates, death rates, and population growth over time in a country.

A population with a large proportion of young people, usually characterized by high birth rates.

Population growth can strain resources, land, and infrastructure, leading to potential problems with disease spread and economic stability.

A government policy limiting the amount of a specific good that can be imported.

A Philippine law replacing import quotas on rice with tariffs, aiming to lower prices and increase competition.

The law can have both positive and negative effects on the Philippine rice industry, affecting farmers, consumers, and the economy.

Rice farmers in the Philippines face challenges from cheaper imported rice, impacting their income and livelihood.

The Philippines imports rice to meet its domestic demand, as local production sometimes cannot keep up with the population's needs.

Companies operating in multiple countries, playing a significant role in globalization by facilitating international trade and investment.

A population pyramid that resembles a box indicates similar sizes across young age cohorts and a rapid decline in older age cohorts, suggesting low mortality rates at young ages and a growing older population.

The fifth stage of demographic transition focuses on the relationship between fertility rates and long-term population growth. The future population trajectory depends on whether fertility rates rise or remain below replacement levels.

This model explains migration from rural areas to urban centers driven by wage differences. It assumes unlimited labor supply in rural areas, allowing industries to expand by attracting workers at subsistence wages.

This model focuses on underdeveloped economies with surplus labor in agriculture and limited capital. It explains migration as a response to the capital-scarcity in the industrial sector.

This model highlights the role of unemployment in urban areas and explains migration as a result of expected higher wages, despite the possibility of unemployment in the city.

The initial stage where both birth and death rates are high, resulting in minimal population growth. This characterizes societies with limited technology and education.

The second stage where the health of the population improves, leading to a drop in death rates. Birth rates remain high, causing rapid population growth.

The third stage where birth rates begin to decline as death rates continue to be low. Population growth slows down.

The final stage where both birth and death rates are low, resulting in stable population growth.

Factors influencing birth rates include improved healthcare, economic development, education levels, especially of women, and changing social norms.

Education, particularly for women, plays a significant role in demographic transition by promoting family planning, improving health outcomes, and enhancing economic opportunities.

A declining birth rate can lead to an aging population, potential workforce shortages, shifts in the age dependency ratio, and social and economic adjustments are needed.

Economic development often contributes to lower birth rates by improving healthcare, education, and living standards.