2. Theories of Globalization

Question 1

__ posits that there is a world economic system in which some countries benefit while others are exploited

Answer 1

World Systems Theory

Question 2

Wallerstein’s World System Theory Model

Answer 2

CORE
–> High profit consumption goods
–> PERIPHERY
–> Cheap labor and raw materials
SEMI-PERIPHERY

Question 3

Basic components: (The World-System Theory)

Answer 3

1. The global economy has one market and a global division of labor.
2. context of world economy
3. three-tier structure

Question 4

• industrialized and produce manufactured goods
• strong central government
• large tax base

Answer 4

CORE

Question 5

mix of core and periphery

Answer 5

Semiperiphery

Question 6

• least economically diverse
• least industrialized and export raw materials
• strongly influenced by core nations

Answer 6

Periphery

Question 7

a theoretical framework developed by sociologist Immanuel Wallerstein in the 1970s.

Answer 7

The World-System Theory

Question 8

• high income
• industrialized
• control global markets
• have skilled labor force
• need labor and natural resources from periphery and semiperiphery nations

Answer 8

core nations

Question 9

• middle income
• industrializing
• mostly capitalist
• Share characteristics of core and periphery countries

Answer 9

semiperiphery nations

Question 10

• low income
• less skilled labor force
• export labor and natural resources
• need investment from other countries

Answer 10

periphery nations

Question 11

this theoretical position argues that globalization should be understood as a complex set of interconnecting relationships through which power, for the most part, is exercised indirectly

Answer 11

transformationalist/postmodernist view of globalization

Question 12

Globalization is not a __ from east to west.

Answer 12

one way process

Question 13

__ and __ have exaggerated the extent of globalization.

Answer 13

optimist and pessimist

Question 14

the flow of nature is __

Answer 14

two-way exchange

Question 15

Globalization according to Beck (1992)

Answer 15

globalization = global risk

Question 16

consciousness, which emerges due to shared, global problems such as terrorism and global warming

Answer 16

Beck (1992)
globalization = global risk

Question 17

Globalizations according to Giddens (1991)

Answer 17

Globalization = detraditionalisation

Question 18

Globalization is where people question their traditional beliefs about religion, marriage, gender roles, etc.

Answer 18

Giddens (1991)
globalization = detraditionalisation

Question 19

__ also see the global media as beneficial because it is primarily responsible for diffusing different cultural styles around the world and creating new global hybrid styles in fashion, food, music, consumption and lifestyle - ___

Answer 19

• transformationalist
• hybridized global identity

Question 20

Giddens uses that concept of ‘__’ rather than ‘__’

Answer 20

• detraditionalization
• decline of tradition