Trends: Micro, Macro and Mega

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Questions and Answers

Which of the following best describes the relationship between macro trends and mega trends?

  • Mega trends are essentially scaled-up macro trends with broader and longer-lasting impact. (correct)
  • Macro trends and mega trends are unrelated concepts and operate independently.
  • Mega trends are short-lived and highly volatile compared to macro trends.
  • Macro trends encompass a larger scope and influence than mega trends.

A company is developing a new line of sustainable clothing in response to growing environmental concerns. Which type of trend is influencing this business decision?

  • Mega trend
  • Macro trend (correct)
  • Fashion trend
  • Micro trend

How do micro trends differ from macro trends in terms of their impact and duration?

  • Micro trends are more stable and predictable compared to macro trends.
  • Micro trends represent minor shifts with limited scope and duration, whereas macro trends involve substantial changes at the societal level over longer periods. (correct)
  • Micro trends and macro trends are interchangeable, both describing significant societal shifts.
  • Micro trends have a broader societal impact and last for extended periods, while macro trends are short-lived.

A significant increase in remote work adoption due to technological advancements and changing work preferences would be categorized as which type of trend?

<p>Macro trend (B)</p> Signup and view all the answers

Which of the following examples best illustrates a mega trend?

<p>The widespread adoption of smartphones and mobile internet across the globe. (B)</p> Signup and view all the answers

Which of the following best illustrates the difference between a trend and a fad?

<p>Trends affect society as a whole over a long period, while fads are short-lived and fade quickly. (B)</p> Signup and view all the answers

In the context of networks, what is the primary role of 'links'?

<p>To define the relationships and connections among actors. (B)</p> Signup and view all the answers

Which element is NOT considered a core component of a network?

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

What does 'flow' refer to within the context of a network?

<p>The exchange of information, resources, or attitudes between actors. (D)</p> Signup and view all the answers

Which of the following is the LEAST relevant characteristic of a critical thinker?

<p>Always agreeing with established authorities. (D)</p> Signup and view all the answers

Which activity would be LEAST helpful in developing critical thinking skills?

<p>Relying solely on personal opinions without seeking supporting evidence. (C)</p> Signup and view all the answers

How does developing critical thinking skills enhance creativity?

<p>By encouraging the exploration of new ideas and approaches. (C)</p> Signup and view all the answers

Which of the following is the MOST significant benefit of developing critical thinking skills?

<p>Enhanced ability to solve problems effectively in various contexts. (B)</p> Signup and view all the answers

Which scenario best illustrates the impact of cultural globalization?

<p>A local musician incorporates traditional instruments and rhythms into a globally popular music genre. (D)</p> Signup and view all the answers

A country eliminates quotas and tariffs on imported goods. Which element of globalization is being implemented?

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

Which of the following examples demonstrates economic globalization in action?

<p>A multinational corporation establishes factories in different countries to leverage lower production costs. (B)</p> Signup and view all the answers

What is a key distinction between technical and interpersonal global networks?

<p>Technical networks rely on technology and infrastructure, while interpersonal networks involve direct human interaction. (C)</p> Signup and view all the answers

Which of these scenarios represents a potential negative impact of globalization?

<p>Job displacement in developed nations due to outsourcing. (A)</p> Signup and view all the answers

A government decides to sell off its ownership stake of a state-owned enterprise. Which element of globalization applies?

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

How does political globalization affect state sovereignty?

<p>It requires states to follow international obligations and commitments, thus affecting their absolute sovereignty. (B)</p> Signup and view all the answers

Which global network type is primarily focused on influencing public opinion and policy through coordinated communication?

<p>Advocacy networks (B)</p> Signup and view all the answers

Flashcards

Trend

A conceptualized idea with a prospect of continuing influence for a long period.

Micro Trend

Small shifts that occur in various aspects of life, like fashion or technology; constantly changing.

Macro Trend

Major changes noticeable at a societal level over a longer period, impacting larger groups of people.

Mega Trend

Macro-trends that have grown to affect a large portion of the human race, lasting for decades and widely known.

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Health Awareness (Macro Trend Example)

Increased public awareness and focus on maintaining good health through diet, exercise, and preventative measures.

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Globalization

Increasing interconnectedness and interdependence among countries and cultures.

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Technical Global Networks

Global networks using satellites for telecommunications.

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Interpersonal Global Networks

Cross-border groups like migrants and aid workers involved in advocacy.

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Economic Globalization

Movement of economic resources from one country to another.

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Cultural Globalization

The spread of ideas, values, and traditions globally.

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Political Globalization

Countries bound by obligations and commitments in international organizations.

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Privatization (Globalization)

Transferring government-owned entities to private ownership.

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Internal Migration

Movement of people within a country or region.

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Fad

Short-lived idea or temporary event that quickly fades.

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Network

Connections between entities where elements systematically relate.

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Network Actors

Humans or objects that are part of a network.

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Network Links

Connections or relationships between actors in a network.

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Network Flow

Exchanges, information, or resources shared by network actors.

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Critical Thinking

Methodical analysis of reasoning, understanding the implications of data and bias.

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Critical Thinker Traits

Open mindset, evidence-based reasoning, bias recognition, striving for understanding.

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Study Notes

  • Trends: Conceptualized ideas expected to have a continuing influence over a long period.

Micro Trend

  • These trends are small, continuous shifts happening in various aspects of life, such as fashion and technology.

Macro Trend

  • These trends bring major changes noticeable at the societal level over extended periods.
  • These are more stable than micro trends.
  • Examples include health awareness and digital transformation like AI.

Mega Trend

  • These are large macro-trends that have matured and become widely recognized.
  • Affect significant portions of the population.
  • Mega trends can last for decades.
  • Examples include climate change and population shifts.
  • Innovative
  • Consistent
  • Versatile

Fads

  • Short-lived ideas or temporary events
  • Fade quickly.

Characteristics of Fads

  • Involve particular participants.
  • Easily become outdated.
  • Can be revived from a style.
  • Often trivial.
  • Provide a short lifetime experience.

Network

  • System of connections between entities in space.
  • System of elements connected to each other systematically.
  • Consists of a set of objects and a mapping or description of relationships between objects or nodes.

Kinds of Network

  • Local
  • National
  • Global
  • Human
  • Non-Human
  • Social
  • Computer

Elements of a Network

  • Actors: Can be human or non-human and may act individually or collectively.
  • Links: Connections among actors that define relationships.
  • Flow: Refers to the exchange between actors, such as information, sources, or attitudes.

Critical Thinking

  • Methodological analysis of reasoning
  • Understanding data implications and biases in reasoning
  • Higher-order thinking that is conscious, controlled, and reflective
  • Draws on lower-order cognitive processes like perception, attention, and memory

Characteristics of Critical Thinkers

  • Open mindset
  • Seeks evidence and reasoning
  • Recognizes biases
  • Strives for understanding

How to Develop Critical Thinking

  • By asking questions
  • Examining information
  • Actively listening
  • Researching
  • Developing media literacy skills
  • Seeking diverse ideas

Skill Development

  • Analysis
  • Communication

Advantages of Developing Critical Thinking Skills

  • Lifetime skills
  • Key to career success
  • Broad range of cognitive learnings
  • Improves relationships
  • Enhances creativity

Importance of Critical Thinking

  • Improves decision making
  • Enhances problem-solving ability
  • Refines research skills
  • Polishes creativity
  • Stimulates curiosity

Globalization

  • Increasing interconnection and interdependence among countries and cultures.
  • Involves expansion of international trade, investment, technology, and communication

Two Major Types of Global Networks

  • Technical Global Networks: Adopted from telecommunications systems that utilize various satellites.
  • Interpersonal Global Networks: Includes cross-border groups such as migrants, aid workers, and social workers involved in advocacy.

Other Types of Global Networks

  • Advocacy networks
  • Policy networks
  • Religious networks
  • Information networks
  • Migrant networks
  • Terrorist networks
  • Women's networks
  • Friendship networks
  • Professional networks

Economic Globalization

  • Economic process involving movement of economic resources from one country to another
  • Countries with better tech often sell modern tech to countries lacking these products.

Cultural Globalization

  • Cultural practices, symbols, and innovations from different parts of the world become widely shared and influential
  • This creates a more interconnected global culture
  • Refers to the spread and interconnectedness of cultural elements, such as ideas, values, traditions, and music.

Political Globalization

  • Members of organizations remain sovereign but are bound to obligations and commitments.

Positive Effects of Globalization

  • Economic Growth and Development
  • Access to Technology and Innovation
  • Cultural Exchange and
  • Diversity Improved
  • Communication
  • Increased Access toGoods and Services

Negative Effects of Globalization

  • Income Inequality
  • Cultural Homogenization
  • Environmental Degradation
  • Loss of Jobs in Certain Sectors

Elements of Globalization

  • Privatization: Government policies to transfer government
  • Deregulation: Government will not interfere with certain companies if they provide valid
  • Liberalization: Policy where laws restricting importation of products are modified or abolished

Two Types of Migration

  • Internal Migration: Movement within a country or region.
  • External Migration: International movement from one country to another.

The Migration Push-Pull Theory

  • People move to other places because of social and economic forces at the destination.

Differences Between Migrants and Refugees

  • Migrants: Voluntary movement, typically to seek better opportunities.
  • Refugees: Forced movement, people forced to leave their home country due to fear of persecution.

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