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1.04 quiz homework economics of globalization

Globalisation

Test your knowledge of globalisation with this 13-question A level quiz.

  If you haven't already done it, work through the unit on globalisation on the PowerPoint. Or look at it again to help fill in any gaps in what you know!

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HIGH SCORES

Rank Name Score
1st LG 26
2nd ELM 26
3rd B.H 26
4th JA! 26
5th GEH 26
6th GEH 26
7th AHM 26
8th LJW 26
9th mch 26
10th aeg 26

QUIZZES // Globalisation

Q1. which of the following cities is the youngest global hub, q2. which of the following is not a driver of globalisation.

Space-time compression as a result of improved technology

Global capitalism and international trade agreements

The global reach of transnational corporations

People developing a sense of place rooted in a particular locale

Q3. What industry is Bangalore most associated with?

Information Technology

Q4. Which of the following are benefits of globalisation?

Investment, employment, skilled migrants and a more diverse economy

Investment, unemployment, skilled migrants and a more diverse economy

Investment, employment, skilled migrants and a less diverse economy

Investment, employment, unskilled migrants and a more diverse economy

Q5. Which of the following are costs of globalisation?

Economic leakage, income inequality, tax payments and trade monopolies

Economic leakage, income equality, tax avoidance and trade monopolies

Economic leakage, income inequality, tax avoidance and trade monopolies

Economic leakage, income equality, tax payments and trade monopolies

Q6. How many merchant ships travel the oceans?

Q7. what does amnesty international seek to promote.

Global civil society, gender equality and LGBTI+ inequality

Global uncivil society, gender equality and LGBTI+ rights

Global civil society, gender inequality and LGBTI+ rights

Global civil society, gender equality and LGBTI+ rights

Q8. What is the annual tea consumption in China?

1.5m tonnes

2.5m tonnes

Q9. How many hectares does Unilever’s Kericho tea plantation cover?

Q10. which of the three dimensions of fairtrade justice relate to the economy.

Recognition

Redistribution

Representation

Q11. Who is Fairtrade designed to support the most?

Factory workers

Transnational companies

Q12. Which of the following are Fairtrade products?

All of the above

Q13. What is the aim of Fair trade?

To challenge social injustice

To challenge trade injustice

To challenge political injustice

To challenge environmental injustice

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English Vocabulary Quiz for ESL learners

Globalization vocabulary quiz 🤔

You can do this quiz online or print it on paper. It tests some of the terms covered on the page about Globalization in our Vocabulary section.

1. Globalization results in greater _ _ _ _ _ _ _ among the world's nations.

2. Which economic policy limits globalization by reducing free trade?

3. What do we call foreign lands that a powerful country has invaded and taken from the original owners in order to sell their resources and occupy their lands?

4. Most of the world's poorest countries were part of a _ _ _ _ _ _ _ before modern globalization began.

5. Globalization allows corporations to reduce their labour costs by employing low-paid workers in developing countries. What is this called?

6. What can we call the emigration of highly-skilled people from developing countries to developed countries that offer higher wages and a higher standard of living?

7. Which is a system of trading that ensures developing countries receive fair prices for the goods they produce and export?

8. Which might allow the establishment of rules and regulations to ensure that a future globalized economy is based on fairness, equity and sustainability?

9. Globalization has allowed multinational corporations to promote Western-style consumerism and market Western foods, fashion, entertainment, etc. around the world. What is this process sometimes called?

10. When a country applies import tariffs, import quotas and other protectionist measures, it's trying to protect its _ _ _ _ _ _ _ businesses and jobs.

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Globalisation

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  • 1. Multiple Choice Edit 1 minute 1 pt Globalisation is: the introduction of the internet to make us closer to others in the world.  the breakdown of traditional barriers between nations through technology and transport faster travel around the world the movement of people and ideas around the world.
  • 2. Multiple Choice Edit 30 seconds 1 pt Globalisation allows: People, goods and information to travel more quickly around the world.  us to buy goods from the internet. us to travel faster. us to watch movies from all over the world. 
  • 3. Multiple Choice Edit 30 seconds 1 pt Internet technology allows: us to buy shoes from China. improved speed and cost of communicating and moving money around the world. us to communicate with people overseas.  to do our school work online. 
  • 4. Multiple Choice Edit 30 seconds 1 pt Transnational corporations: tend to make their products in lower-cost countries.  are involved in slave labour. do not look after their workers.  make cheap products and sell them at a high price. 
  • 5. Multiple Choice Edit 30 seconds 1 pt Globalisation helps culture spread through: people travelling to different countries and the spread of media. providing plenty of McDonald's stores.  people being able to buy different clothes brands from overseas. American TV shows being shown in Australia. 
  • 6. Multiple Choice Edit 30 seconds 1 pt The globe is 'shrinking' because we: we can talk to people overseas instantly. of climate change can travel and communicate much quicker than we could years ago. have transnational corporations.
  • 7. Multiple Choice Edit 1 minute 1 pt What are some positive effects of Globalisation ? Increased freedom to travel and immigrate,better access to medicine,information, and technology. Lower prices for developed countries and low paying jobs in underdeveloped countries Less pollution in the world All of the above
  • 8. Multiple Choice Edit 30 seconds 1 pt The tendency of businesses, technologies, ideas, and people to spread throughout the world is called Globalisation interconnectedness E-commerce
  • 9. Multiple Choice Edit 1 minute 1 pt Globalisation is good because of an ________________ in standard of living , but is bad because there is a _____________ in local cultures and traditions increase / decrease decrease / increase increase / increase decrease / decrease
  • 15. Multiple Choice Edit 20 seconds 1 pt Mc Donald's  is an example of a multinational corporation. true false

What does TNC stand for?

Trans national corporations

Trade nations conference

Trans national countries

Trial national cooperations

Which of these is an example of economic changes in the global context?

New £10 note

High street banks opening

Electronic banking

Saving accounts

  • 19. Multiple Choice Edit 30 seconds 1 pt What are the Pro's of globalization? Larger markets new products resources for cheap All of the above 
  • 20. Multiple Choice Edit 30 seconds 1 pt Is globalization nation wide or international? Nation wide International, around the world Neither  Both
  • 21. Multiple Choice Edit 30 seconds 1 pt Are there pro's and con's or does every run perfectly?  Only pro's Only con's Both Globalization doesn't exist
  • 23. Multiple Choice Edit 30 seconds 1 pt Effects of protection  More money for products Small profit off Larger profit of you All of the above
  • 24. Multiple Choice Edit 30 seconds 1 pt Is deforestation a huge problem that we are going through now? No Yes It's not really a problem I don't care
  • 26. Multiple Choice Edit 30 seconds 1 pt The increase in temperature and CO2 emission . That is called ?  Global warming Green House Effect Both Neither

Exchange of goods and services by sale or barter driven by the need for resources and by the amount of resources.

Globalization

Standard of Living

Hiring outside suppliers to handle work that was once done in-house for higher costs.

Outsourcing

Factories or other aspects of industry or business are relocated to a pace that is cheaper to do business.

The movement of jobs from the U.S to countries like India is an example of which of the following?

An economic term that describes people who do one job using the resources they have.

specialization

infrastructure

A policy in which a nation does not try to limit imports or exports by enacting tariffs (taxes on imports) or subsidies (taxes on exports).

Supply and Demand

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1: Welcome to Economics!

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  • 1.1: Introduction
  • 1.2: What Is Economics, and Why Is It Important?
  • 1.3: Microeconomics and Macroeconomics
  • 1.4: How Economists Use Theories and Models to Understand Economic Issues
  • 1.5: How To Organize Economies- An Overview of Economic Systems
  • 1.6: Key Terms
  • 1.7: Key Concepts and Summary
  • 1.8: Self-Check Questions
  • 1.9: Review Questions
  • 1.10: Critical Thinking Questions

US Global Economy 1.04 Quiz: What Is Economics Anyway? – Flashcards

1.04 quiz homework economics of globalization

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COMMENTS

  1. 1.04 Quiz: Globalization Flashcards

    Of the following, which is affected by globalization? all of the above. About how much money in the world is spent on global trade each year in the twenty-first century? 6.8 Trillion dollars. What is the concept of Americanization? the spreading of American components of culture on the rest of the world.

  2. 1.04 Quiz: Homework

    Terms in this set (11) Globalization has overtaken Laos. False. The underground culture of Iran is poor and uneducated. False. E-commerce makes it possible for Iranians to purchase American goods. True. The internet helps to blend cultural characteristics. True.

  3. 1.04 Quiz: Homework

    Quiz yourself with questions and answers for 1.04 Quiz: Homework - Globalization Around the World, so you can be ready for test day. Explore quizzes and practice tests created by teachers and students or create one from your course material.

  4. 6.03 Homework Quiz: Economics of Globalization Flashcards

    Study with Quizlet and memorize flashcards containing terms like Goods with the highest opportunity costs are most efficient to produce., The balance of economic globalization is achieved through international trade., In the mid-1990s less than 2 million people participated in the global non-domestic labor force. and more.

  5. Contemporary World Issues

    Globalization has overtaken Laos. ... 1.04 Unit Test: Introduction to Contemporary World Issues. 30 terms. JennyEst. Preview. 2.03 Quiz: Homework - American Separation of Powers. Teacher 11 terms. ichraf_amor. Preview. Global Perspectives. 6 terms. kericson20. Preview. Chapter 10 AP Human Geography Notes.

  6. 1.04 Unit Test: Introduction to Contemporary World Issues

    True. The impact of millions of people driving, walking and camping within pristine forests has had a negative impact on the scenery and habitat of parks like the Grand Canyon and Yosemite. True. European and Asian schools that require students to learn English are examples of globalization. True.

  7. Globalization

    30 seconds. 1 pt. What is Globalization. The process of someone trying to take over the world. The process by which people their ideas and their activities in different parts of the world become interconnected. When we all do they same thing. Never heard of it. 2. Multiple Choice.

  8. Globalization Questions and Answers

    A. Its foreign competitors have higher production costs than... View Answer. Globalization does not mean A. the homogenizing of markets. B. when one product or one brand is sold in many different international markets. C. the increase in trade among nations. D. the establis... View Answer.

  9. 7 Globalization Quizzes, Questions, Answers & Trivia

    This quiz will test your knowledge of the effect of Globalization on Institutions. The storylines from original shows are good, but the acting is subpar. In this way they can be remade to better fit local culture. Dubbing reduces the overall watching experience for audiences.

  10. Quiz & Worksheet

    Globalization is an important and prevalent concept in the 21st century, and this quiz and worksheet combination will help you gauge your understanding of the term and how it applies.

  11. Globalisation

    Test your knowledge of globalisation with this 13-question A level quiz. If you haven't already done it, work through the unit on globalisation on the PowerPoint. Or look at it again to help fill in any gaps in what you know! ... Economic leakage, income inequality, tax payments and trade monopolies. Economic leakage, income equality, tax ...

  12. 1.4: Globalization and Development

    In the 1960s, economist Walt Rostow outlined a pattern of economic development that has become one model for growth in a global economy. Rostow's model outlined the five stages of growth in the economic modernization of a country: Stage 1: Traditional society. Stage 2: Preconditions for take-off.

  13. Quiz 1. History of Globalization Flashcards

    The globalization of trade reduces inequalities around the world. According to Martin Wolf ("Why is Hatred of the Market", opponents of globalization are motivated by. 1) Hatred of markets. 2) A fear of foreigners. 3) Concernd about wages, jobs, and economic activity. 4) All of the above.

  14. Globalization Homework 1 Word

    Globalization Homework 1 Word. Homework answers for topic 1. Course. Intro To Global Studies (GS 001) ... AI Quiz. AI Quiz. Download. 1 0. Was this document helpful? 1 0. Save Share. ... Effect on Economic Activity. Intro To Global Studies None. 2. World Globalization. Intro To Global Studies None.

  15. 1.4: Review and Practice

    This page titled 1.4: Review and Practice is shared under a not declared license and was authored, remixed, and/or curated by Anonymous via source content that was edited to the style and standards of the LibreTexts platform; a detailed edit history is available upon request. 1.3: The Economists' Tool Kit. 2: Demand and Supply.

  16. globalization

    globalization. 1. Multiple Choice. The process of creating an international network of trade, communication and culture. 2. Multiple Choice. A period of temporary economic decline during which trade and industrial activity are reduced. 3. Multiple Choice.

  17. Globalization vocabulary quiz

    Globalization vocabulary quiz 🤔. You can do this quiz online or print it on paper. It tests some of the terms covered on the page about Globalization in our Vocabulary section. 1. Globalization results in greater _ _ _ _ _ _ _ among the world's nations. global equity. independence.

  18. Globalisation

    Globalisation is: the introduction of the internet to make us closer to others in the world. the breakdown of traditional barriers between nations through technology and transport. faster travel around the world. the movement of people and ideas around the world. 2. Multiple Choice. 30 seconds. 1 pt.

  19. 1: Welcome to Economics!

    1.2: What Is Economics, and Why Is It Important? 1.3: Microeconomics and Macroeconomics; 1.4: How Economists Use Theories and Models to Understand Economic Issues; 1.5: How To Organize Economies- An Overview of Economic Systems; 1.6: Key Terms; 1.7: Key Concepts and Summary; 1.8: Self-Check Questions; 1.9: Review Questions; 1.10: Critical ...

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    One of the major positive effects of globalization is: A. economic growth through increased international trade. B. countries developing greater The ball-like shape of the Earth has no effect on weather patterns.

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  23. US Global Economy 1.04 Quiz: What Is Economics Anyway?

    Search for samples, answers to your questions and flashcards. US Global Economy 1.04 Quiz: What Is Economics Anyway? - Flashcards 🎓 Get access to high-quality and unique 50 000 college essay examples and more than 100 000 flashcards and test answers from around the world!