Module 1 (Globalization)

Question 1

An economic process and integration of national markets to a wider global market signified by increase in free trade

Answer 1

Globalization

Question 2

Complex phenomenon that occurs at multiple levels and an uneven process that affects people differently

Answer 2

Globalization

Question 3

3 main theories of globalization

Answer 3

1. Word system theory
2. Modernization theory
3. Dependency theory

Question 4

The expansion and intensification of social relations and consciousness across world-time and across world-space

Answer 4

Globalization

Question 5

3 types of globalization

Answer 5

1. Economic globalization
2. Political globalization
3. Social globalization