Understanding Globalization Quiz
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Questions and Answers

What is one factor contributing to globalization in economics?

  • Limiting the movement of capital and investments
  • Restricting the exchange of goods
  • Reducing barriers to international trades (correct)
  • Imposing tariffs on multinational corporations
  • How do multinational corporations contribute to globalization?

  • By restricting trade with other countries
  • By imposing strict regulations on international trade
  • By operating on a global scale with offices in numerous locations (correct)
  • By limiting the exchange of goods across borders
  • What is an example of how outsourcing contributes to globalization?

  • Imposing trade barriers on developing countries
  • Bringing jobs to a struggling country (correct)
  • Limiting job opportunities in developed countries
  • Restricting the movement of goods between countries
  • How does the blending of cultures contribute to globalization?

    <p>By transmitting new cultures through travel and the exchange of goods</p> Signup and view all the answers

    What is one way that globalization is affected by open communication by internet?

    <p>Increased intermarriages from dating site meet-ups</p> Signup and view all the answers

    How did Christian missionaries from Europe contribute to the globalization of Christianity?

    <p>By converting more people to a new spiritual way of living</p> Signup and view all the answers

    What is one example of globalization in technology mentioned in the text?

    <p>Latest models of communication tools and medical equipment</p> Signup and view all the answers

    How has improved travel facilitated the growth of globalization?

    <p>By facilitating migration for a better job or life</p> Signup and view all the answers

    In what way does technology contribute to the spread of knowledge in globalization?

    <p>Through global news networks like CNN</p> Signup and view all the answers

    How do Filipino and Korean food exemplify globalization?

    <p>By being available in America, Europe, and beyond</p> Signup and view all the answers

    What is the main focus of Economic Globalization?

    <p>Financial integration with the global economic system</p> Signup and view all the answers

    According to Peter Drucker, what is the main objective of the global economy in the context of Globalization?

    <p>To maximize the market</p> Signup and view all the answers

    What dominates as a component of production in the globalization economy?

    <p>Management system</p> Signup and view all the answers

    What drives globalization in the economic field according to the text?

    <p>Transaction of money</p> Signup and view all the answers

    What is an example of political ideology in the process of Globalization?

    <p>The transformation of liberalism</p> Signup and view all the answers

    Which international organization is mentioned as an example of political Globalization?

    <p>United Nations Organization (UNO)</p> Signup and view all the answers

    What characterizes military globalization according to the text?

    <p>Firmer integration of armed forces around the world into the global military system</p> Signup and view all the answers

    What is a notable impact of financial globalization mentioned in the text?

    <p>Decline in stock markets affecting the economy</p> Signup and view all the answers

    What is the primary focus of international organizations in the context of political Globalization?

    <p>Exceeding national boundaries and climate change</p> Signup and view all the answers

    How does financial globalization affect the global economy according to the text?

    <p>By linking stock market declines to negative effects on other markets and the economy</p> Signup and view all the answers

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