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The Making Of Global World Flashcards

(38 cards)

1
Q

What is the main theme of ‘The Making of a Global World’?

A

The main theme is the development and evolution of a global economy and society through trade, migration, and cultural exchange

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2
Q

True or False: The book discusses the impact of colonialism on global trade.

A

True

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3
Q

Fill in the blank: The period of globalization discussed in the book primarily spans from the _____ to the present.

A

19th century

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4
Q

What role did the Industrial Revolution play in the making of a global world?

A

It significantly increased production capacity and created demand for raw materials, leading to expanded global trade.

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5
Q

Multiple Choice: Which of the following was a major consequence of global trade according to the book? A) Cultural homogenization B) Decrease in migration C) Isolation of economies D) None of the above

A

A) Cultural homogenization

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6
Q

What was the significance of the Silk Road in the context of global trade?

A

The Silk Road was a crucial trade route that facilitated the exchange of goods, culture, and ideas between the East and West.

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7
Q

True or False: The book suggests that globalization has only positive effects.

A

False

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8
Q

What is one major effect of globalization on local cultures as discussed in the book?

A

Globalization can lead to the erosion of local cultures and traditions.

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9
Q

Fill in the blank: The _____ decolonization process in the mid-20th century significantly altered global political dynamics.

A

post-World War II

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10
Q

What economic system is primarily associated with globalization?

A

Capitalism

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11
Q

Multiple Choice: Which of the following was NOT a factor in the spread of globalization? A) Technology B) Transportation C) Isolationism D) Communication

A

C) Isolationism

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12
Q

How did the Great Depression impact global trade?

A

It led to a significant decline in trade as countries imposed tariffs and protectionist policies

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13
Q

True or False: The book argues that globalization has led to greater economic equality worldwide.

A

False

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14
Q

What role did multinational corporations play in globalization according to the book?

A

They expanded their operations globally, influencing economies and cultures in various countries.

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15
Q

Fill in the blank: The _____ was a key event that accelerated globalization after the Cold War.

A

collapse of the Soviet Union

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16
Q

What is cultural imperialism as discussed in ‘The Making of a Global World’?

A

The dominance of one culture over others, often resulting from globalization.

17
Q

Multiple Choice: Which of the following is a challenge posed by globalization? A) Environmental degradation B) Increased cooperation C) Cultural exchange D) None of the above

A

A) Environmental degradation

18
Q

What does the term ‘global village’ refer to in the context of globalization?

A

It refers to the world becoming more interconnected through communication and technology.

19
Q

True or False: Globalization has led to a decrease in international migration.

20
Q

What was one of the significant impacts of World War I on globalization?

A

It disrupted global trade and led to economic instability.

21
Q

Fill in the blank: The _____ Agreement aimed to promote free trade between member countries.

A

North American Free Trade

22
Q

What is the significance of the Bretton Woods Conference?

A

It established a new international monetary system and institutions to promote global economic stability.

23
Q

Multiple Choice: Which of the following is a benefit of globalization? A) Increased access to markets B) Decreased competition C) Cultural isolation D) None of the above

A

A) Increased access to markets

24
Q

What impact did technology have on globalization according to the book?

A

It accelerated communication and transportation, making global interactions faster and more efficient.

25
True or False: Globalization has led to the standardization of products worldwide.
True
26
Fill in the blank: The _____ was a key factor in the rise of global finance.
deregulation of financial markets
27
What is one example of a cultural exchange resulting from globalization?
The worldwide popularity of cuisines from different cultures.
28
Multiple Choice: Which of the following is a criticism of globalization? A) Promotes economic growth B) Increases inequality C) Enhances cultural diversity D) None of the above
B) Increases inequality
28
What is the role of international organizations like the IMF in globalization?
They provide financial assistance and promote economic cooperation among countries.
29
What does the term 'glocalization' refer to?
The adaptation of global products and ideas to fit local cultures.
30
True or False: Globalization has only economic implications.
False
31
What is one major political effect of globalization discussed in the book?
It has led to the rise of global governance and international cooperation.
32
Fill in the blank: The _____ is a significant trade agreement between the European Union and other countries.
CETA (Comprehensive Economic and Trade Agreement)
33
What is one way globalization has affected labor markets?
It has led to the outsourcing of jobs to countries with lower labor costs.
34
Multiple Choice: Which of the following is a factor that promotes globalization? A) Trade barriers B) Technological advancements C) Nationalism D) None of the above
B) Technological advancements
35
What is the significance of the World Trade Organization (WTO) in globalization?
It regulates international trade and resolves disputes between member countries.
36
True or False: Globalization has resulted in a more interconnected world economy.
True
37
What is one potential future trend of globalization mentioned in the book?
The rise of digital globalization and e-commerce.