GLOBALIZATION

Question 1

It is the speedup movements and exchange of goods and services in the world.

Answer 1

GLOBALIZATION

Question 2

The
growing interdependence of the world’s
economies, cultures, and populations, brought
about by cross-border trade in goods and
services, technology, and flows of investment,
people, and information.

Answer 2

GLOBALIZATION

Question 3

ASPECTS OF GLOBALIZATION

Answer 3

Technology
Economy
Migration

Question 4

Characteristics of Globalization

Answer 4

Social Mobility, Intensification of interaction, Active process, Bordeless interaction, and Spread of ideas, knowledge, culture.

Question 5

When did Charles Taze Russel coined Corporate Giant

Answer 5

1987

Question 6

Globalization was used in kinder

Answer 6

1930

Question 7

Globalization was coined

Answer 7

1970

Question 8

Globalization was popularized by Theodore Levitt

Answer 8

1980

Question 9

Globalization was used in an economic sense

Answer 9

1981

Question 10

IMF identifies the 4 basic aspects of yome

Answer 10

2000

Question 11

Globalization was defined as borderless society

Answer 11

2013

Question 12

Globalization was often used in the academe

Answer 12

2017

Question 13

Globalization was used in all discipline

Answer 13

2018

Question 14

Early period events

Answer 14

• 1st civilization in Sumer and Indus Valley
• Trade route called Silk Road

Question 15

Medieval period events

Answer 15

• Jews and Muslims trade around the world
• Age of discovery (Christopher Columbus Vasco De Gama)
• European colonization

Question 16

Pre-modern events

Answer 16

• Industrial revolution
• European Colonization
• End of WW1

Question 17

Modern Period Events

Answer 17

• Creation of General Agreement on Tariff and Trade (GATT)
• Commerce, trade, tax and tariff reduction

Question 18

POLITICAL ASPECT

Answer 18

Thhe degree of political cooperation and
the political relationship of one state to another.

Question 19

ECONOMIC ASPECT

Answer 19

The interconnectedness of economies
and trade of product and other resources

Question 20

SOCIO-CULTURAL ASPECT

Answer 20

Transmission and sharing of
values, ideas, culture and information through media,
technology, tourism, language, religioncuisines, and
education.

Question 21

It focuses on the expansion of the
capitalist system around the world. It covers the Core, Semi-Periphery, and Periphery.

Answer 21

Wallerstein Theory

Question 22

These are Dominant, Wealthy, Developed countries. Higher class

Answer 22

Core countries

Question 23

• newly-industrialized, developing countries, median standards of living

Answer 23

Semi-Periphery Country

Question 24

Newly-industrialized, developing countries, lack of strong central government, low skill, labor ni zjamo

Answer 24

Periphery country

Question 25

A theory that the world exists as a single socio-economic system made up of a core, periphery, and Semi-Periphery regions.

Answer 25

World systems theory

Question 26

an analytical frame for interpreting global relations, structures, and practices. It primarily attention goes to the global cultural and organization environment inwhich states are embedded. A theory of transnational interaction and global social change.

Answer 26

Worlds Polity theory

Question 27

A particular interpretation of globalization that focuses on the way in which participants in the process becomes conscious of and gives meaning to living in the world as a single place