G Flashcards
(19 cards)
What is globalization?
Globalization, also known as global industrialism, is a process of forging international political, economic, religious, and socio-cultural interconnections.
What historical processes have contributed to globalization?
Globalization has roots in various historical processes, such as colonization during the 16th century.
What are the landscapes included in globalization according to Arjun Appadurai?
The landscapes include technoscape (technology), financescape (economics), ethnoscape (culture and social life), and ideoscapes (ideas).
How does globalization challenge nation-states?
Globalization transcends cultural, political, and social boundaries, challenging the very existence of nation-states.
What is a positive effect of globalization on less industrialized countries?
Globalization creates greater opportunities in less industrialized countries and taps into more and larger markets around the world.
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How do developing economies benefit from globalization?
Current developing economies are increasing their strength through foreign direct investment.
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What impact does globalization have on politics?
Politics is changing due to globalization, leading to interdependence among countries and potential questions about the existence of organizations like the United Nations.
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What is a major environmental issue related to globalization?
The biggest issue of globalization is its impact on the environment, including challenges like climate change and pollution.
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How does globalization affect market efficiency?
Globalization provides a more efficient market where there is equilibrium between what buyers are willing to pay and what sellers are willing to sell.
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What resource issue is exacerbated by globalization?
Globalization uses up finite resources more quickly, leading to problems like global warming and environmental issues.
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How does globalization influence competition?
Globalization increases competition, requiring companies to improve their goods or services, resulting in better products and sometimes lower prices for buyers.
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What is the effect of globalization on carbon dioxide emissions?
Globalization increases world carbon dioxide emissions due to the easy availability of goods emitting CFCs.
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How has globalization impacted security?
Globalization has halted many conflicts that could have escalated due to countries’ financial interdependence.
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What is a negative effect of globalization on taxation?
Globalization tends to move taxation away from corporations and onto individuals, as governments give concessions to industries contributing to GDP.
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Is globalization a large body of people united by common origin?
False
Is globalization the interconnection of nation-states?
True
Can a nation be smaller in scope than a state?
True
Is sovereignty essential for a state but not for a nation?
False
Is territory essential for a state but not for a nation?
False
