10 Questions
Define globalization as described in the lesson.
Globalization primarily refers to the integration of the national market to a wider global market signified by increased free trade.
What is the interdisciplinary approach to understanding globalization?
Viewing the process through various lenses that consider multiple theories and perspectives.
Explain the concept of globalism according to the lesson.
Globalism refers to the widespread belief among powerful people that global integration of the economic market is beneficial to everyone, spreading freedom and democracy.
What are the five 'scapes' described by anthropologist Arjun Appadurai?
- Ethnoscapes - global movement of people. 2. Mediascapes - flow of culture. 3. Technoscapes - circulation of mechanical goods and softwares. 4. Financescapes - global circulation of money. 5. Ideoscapes - circulation of ideas and ideologies.
Explain the concepts of expansion and intensification in relation to globalization.
Expansion refers to the creation of new social networks and multiplication of existing connections across traditional boundaries. Intensification refers to the acceleration and stretching of these networks.
What is the concept of Ideoscapes?
Ideoscapes refer to the realm where political ideas move around, such as fake news.
Explain the premise of globalization that states it is a complex phenomenon occurring in multiple dimensions.
Globalization is a complex phenomenon that occurs in various dimensions, impacting different aspects of societies worldwide.
What was the significance of the Galleon Trade in 1571?
The Galleon Trade in 1571 marked the first direct connection between the Americas and Asian trade routes, linking Manila in the Philippines to Acapulco in Mexico.
Who were Dennis O. Flynn and Arturo Giraldez, and what did they contribute to the concept of globalization?
Dennis O. Flynn and Arturo Giraldez suggested that globalization began when all important continents started exchanging products continuously, either directly or indirectly via other continents, with significant economic impacts on trading partners.
Explain the impact of the Gold Standard during the Great Depression of the 1920s-1930s.
The Gold Standard, by limiting the amount of money in circulation, reduced demand and consumption, contributing to the severity and duration of the Great Depression.
Test your knowledge on Lesson 1 of the Contemporary World course focusing on Globalization as primarily an economic process, interdisciplinary approaches, and perspectives from scholars like Manfred Steger. Explore key concepts and theories in global integration.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
