Globalization Flashcards

(39 cards)

1
Q

It is the process in which people, ideas in goods spread throughout the world and urging more interaction and integration between the world’s cultures governments and economies.

A

Globalization

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2
Q

It is a process of interaction integration among people companies and government of different nation a process driven by international trade and investment and aided by information technology this is effect on the environment culture political systems economic development and prosperity and on human physical well-being and societies around the world

A

Globalization

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3
Q

According to this man globalization is the expansion and intensification of social relation and consciousness across the world time and world space

A

Manfred Steger

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4
Q

It is the land across the central asia that connected china and europe during the middle age 4000 of years and they also invested in enterprises in other countries for centuries

A

Silk road

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5
Q

It is the creation of new social networks and increasing of existing connection

A

Expansion

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6
Q

It is the stretching and acceleration of social networks

A

Intensification

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7
Q

It is the interaction between two or more people groups or organization they are composed of social physical and verbal interaction that create the climate for the exchange of feelings in the ideas

A

Social relations

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8
Q

In the contemporary era people begin to feel that the world has become smaller and distance has collapsed from thousand miles to just click away

A

Time and space

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9
Q

This period is the earliest bee is globalization contacts among hunters and gatherers were geographically limited. In this period due to absence of advance forms of technology globalization was severely limited

A

The prehistoric period (10000 BCE to 3500 BCE)

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10
Q

In this period the invention of writing and the will were great social and technological boost that move globalization to a new level the invention of the wheel in addition to roads made the transportation of people and goods more efficient while writing facilitated the spread of ideas and invention.

A

The pre modern period (3,500 bce to 1,500 bce)

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11
Q

It is the period between the enlightenment and the renaissance. During this period european enlightenment project pride to achieve a universal form of morality and law this with the emergence of european metropolitan centers and unlimited materials accumulation which led to the capitalist world system help to in strengthen globalization.

A

The early modern period

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12
Q

Innovation in transportation and communication technology population explosion and increase in migration led to more cultural exchange and transformation and traditional social patterns process of industrialization also accelerated.

A

The modern period

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13
Q

The creation expansion and acceleration of interdependences around the world occurred in a dramatic way and it was a kind of leap in the history of globalization

A

The contemporary period

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14
Q

This refers to the extensive development of economic relations across the globe as a result of technology and enormous flow of capital that has stimulated trade in both source and goods

A

Economic dimension

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15
Q

What are the major players in the global economic order (ECONOMIC DIMENSION)

A
  1. Huge international corporation
  2. International economic institution
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16
Q

This refers to an enlargement and strengthening of political interrelation across the globe

A

Political dimension

17
Q

This refer to the increase in the amount of cultural flow across the globe.

A

Cultural dimension

18
Q

It is a personal or institutionalized set of attitude beliefs and practices relating to or manifesting people devotion tan and acknowledge ultimate reality or deity

19
Q

It is the most important defining element of any civilization as contrasted with race language or way of life as such it is also trade is it defining element in future conflicts.

A

Religious dimension

20
Q

It is a system of widely shared ideas beliefs norms and values among a group of people.

21
Q

It is often used to legitimize certain political interest or to defend dominant power structures.

A

Ideological dimension

22
Q

It represent the movement of people around the world
Example: refugees: people who have sick asylum from danger in homelands moving to sick job elsewhere

23
Q

It refers to the ways that technologies help speed up across border movements
Ex: Handheld devices that help.us to connect across the globe

24
Q

It represent the movement of money across borders
Ex: Stock exchange: trades of capital occur in all second across the globe

A

Financescapes

25
It has an increasingly global rich Ex: Blogging: people can now get news from anyone
Mediascapes
26
It refers to the ideas symbols and narratives that have spread around the globe Ex: the ideas liberal democracy
Ideoscapes
27
It is a social process of intensifying the global interdependence
Globalization
28
It is an ideology that gives meaning to globalization
Globalism
29
It is a widespread belief among the powerful people that the global integration of economic markets is beneficial for everyone since it spread freedom and democracy across the world
Globalism
30
It is the increasingly interdependence of a world economies as a result of the growing scale of a cross border trade of commodities and services flow of international capital and wide and rapid spread of technologies
Economic globalization
31
It is a historical process the result of human innovation and technological progress
Economic globalization
32
It refers to the increasing integration of economies around the world particularly through the movement of goods services and capital across borders
Economic globalization
33
It is the process of making the world economy an organic system by extending the transnational economic processes and economic relation to more and more countries and by deepening the economic interdependences among them
Economic globalization
34
A restructuring process that enables state enterprises to operate as market oriented firms by changing the legal environment in which they operate
Marketization
35
It refers to a system that forms rules and standard for facilitating international trade among the nation
International monetary system
36
It helps in reallocating the capital and investment from one nation to another.
International monetary system
37
It is the global network of the government and financial institution that determine the exchange rate of different currencies and set rules by which different nation exchange currencies for international trade.
International monetary system
38
It is a system of backing a country's currency with its gold reserves
Gold standard
39
What do you call to the new international monetary system that created by united states during 1994
Bretton woods system