week 9 - semi final (global synthesis)

Question 1

_________and _________ survive in the new millennium, despite studies that both predicted and predicted their collapse

Answer 1

Nations
nationalism

Question 2

_________, which allows for the free flow of cash, goods, ideas, people, and technology, has a massive and obvious impact on every aspect of modern life.

Answer 2

Globalization

Question 3

__________that produce new forms of migrants that do not respect national borders are facilitated by increasing interconnectedness across nation-states on physical, mental, and virtual levels.

Answer 3

Transnational networks

Question 4

_________describes a process by which national and regional economies, societies, and cultures have become integrated through the global network of trade, communication, immigration, and transportation.

Answer 4

Globalization

Question 5

Due to the ____________and _________, domestic economies have become cohesive, leading to an improvement in their performances.

Answer 5

global economy
globalization

Question 6

In the _______century, networks of economy, technology, politics and ecology have all engulfed the world.

Answer 6

21st

Question 7

Today, with the worldwide_______ and the growing influence of multinational corporations, economic waves are freely flowing out, sometimes with _________.

Answer 7

trade liberalization
tidal force

Question 8

________ is traveling instantaneously around the globe through various social media networks.

Answer 8

Information

Question 9

__________ of information, technology and finance under globalization is turning out to be a remarkably progressive and liberating force, globally.

Answer 9

Rapid democratization

Question 10

As this century embraces globalism, _________ and ________ of countries and peoples is happening instantly

Answer 10

interaction
integration

Question 11

There are ___________ being made in policies and economic institutions all over the world that hold out the promise of making globalization work better.

Answer 11

multitudes of changes

Question 12

One fundamental concern however, is the ____________ of globalism- the question being asked is whether worldwide liberalization of trade may provoke _____________.

Answer 12

environmental effects
environmental collapse

Question 13

_________ and the __________between countries previously separated by trade barriers have stimulated a significant increase in transportation processes at all geographical levels.

Answer 13

Global trade
increasing interaction

Question 14

This kind of worldwide trade has led to _________, more production and more consumption – all of which has generated more______, which is being threatened by increasing emissions from countries worldwide

Answer 14

higher incomes
waste

Question 15

Thus, a demanding problem of globalization is ________, caused by the rise in __________

Answer 15

environmental decay
social consumption.

Question 16

On the flip side, globalization is considered to be a ________ that has increased the levels of foreign direct investments, thereby making it easier for people to make long and short term investments

Answer 16

positive force

Question 17

__________ play a significant role in improving the economies of developing countries and their environment as well

Answer 17

Multinational corporations

Question 18

__________ has opened up the gates for new technologies and other innovations such as renewable sources of energy – solar power, hydroelectric power, wind power and clean coal – which are being made freely available.

Answer 18

Global trade

Question 19

Both the ________ and the _________ have encouraged countries to lower trade barriers, along with using environmental friendly technologies.

Answer 19

World Bank
World Trade Organization (WTO)

Question 20

Thus, as scholars like ________ and _______ have observed, economic growth is bad, as far as air and water pollution is concerned at the initial stages of industrialization, but in the later stages, it reduces pollution, as countries become rich enough to apply various advanced control technologies.

Answer 20

Stiglitz
Kuznets

Question 21

__________also changes consumer demands for environmental quality.

Answer 21

Wealth creation

Question 22

Once the ________ are met, they begin raising the bar by demanding even better avenues of amenities for themselves

Answer 22

basic needs

Question 23

With globalism in effect, ________ in nations across the world have been enhanced with more efficient use of resources throughout the world.

Answer 23

civil liberties

Question 24

Countries involved in free trade are generating _______

Answer 24

greater profits

Question 25

Globalization is thus the emergence of a _________ of interconnectedness that entails that our lives are increasingly shaped by events that occur, and that decisions are made thousands of miles away.

Answer 25

complex web

Question 26

The central feature of globalization is therefore that _______ are declining in importance and territorial boundaries are becoming less significant

Answer 26

geographical distances

Question 27

. The world is essentially becoming a ‘__________

Answer 27

global village

Question 28

In this context, globalization leads to ________, as social, economic and political diversities are destroyed in a world where we all watch the same TV shows, buy the same commodities and follow the same lifestyle; this is popularly termed as ‘_________’.

Answer 28

cultural homogenization McDonaldization

Question 29

However, we must not forget that ________ also refers to people becoming increasingly conscious of the growing manifestations of social interdependence and social interactions.

Answer 29

globalization

Question 30

_________is driven by technology, transportation, and international cooperation

Answer 30

Globalization

Question 31

Since ancient times, humans have sought ________ places to settle, produce, and exchange goods enabled by improvements in technology and transportation.

Answer 31

distant

Question 32

_______ refers to integration between people, companies, and governments. Most noteworthy, this integration occurs on a global scale

Answer 32

globalization

Question 33

In globalization it is the process of _______ the business all over the world

Answer 33

expanding