CONTEMPORARY

Question 1

Is a process of expanding various sociocultural and socio- ecological processes from national to international and transcultural level (Al-Rodhan, 2006).

Answer 1

Globalization

Question 2

is a measurement of flows and interconnections of a country to other global players through exchanges in trade, capital, people, and information (Altman, et al., 2018).

Answer 2

Global Connected Index (GCI)

Question 3

There is an increasing number of books written about globalization since the end of the _____

Answer 3

1980s

Question 4

It’s described how to trade and technology have made the world
into more connected and interdependent place. It also captured in its scope the economics,
social, politics changes that come a results.

Answer 4

Globalization

Question 5

A phenomenon of the collapse geographical boundary of a
country where displacement of a culture and values between one country to another is easy
and fast.It goes fast as information and trading of product

Answer 5

Socio cultural Globalization

Question 6

Highly reflect inter connected relationship between society
and ecosystems.

Answer 6

Socio Ecological Globalization

Question 7

Its focus the impact of globalization on inequality, social
and cultural change and the environmental.

Answer 7

Socio economics Globalization

Question 8

Five Elements of Globalization

Answer 8

● Economical globalization
● Environmental globalization
● Cultural globalization
● Technological globalization
● Political globalization

Question 9

Positive Effects of globalization

Answer 9

● Increased competition which leads us to lower price and higher price quality product for
consumer to have potential growth economic
● Economic growth,
● Environmental concerns
● cultural homogenization
● Free trade, high investment,
● Technological knowledge
● Access to new market
● Spread knowledge and technology.

Question 10

Negative Effects of Globalization:

Answer 10

● The greater in the quality, increased consumption reduction in sovereignty erosion of cultural identity and degradation of the environment.
● Because of high technology now a days workers can lose jobs to the countries with low cost labor.
● Globalization hasn’t protected labor, environmental of human rights.

Question 11

is mainly conceptualized as intensified transference or exchange of things across existing boundaries
(Bartelson, 2000). However, globalization is primarily an
economic process, the drive
toward integration of economies
throughout the world. This is
achieved through trading and
financial flows across countries’
borders (IMF, 2000).

Answer 11

Globalization

Question 12

is the complex process of expanding of economic activities and economic
market system worldwide.

Example: Netflix, Disney Plus, and many more companies available
worldwide

Local example is Jollibee.

Answer 12

Economic Globalization

Question 13

is the economic exchanges and deals among countries facilitated by international intermediaries.

Example: Trade of
machineries, capital goods,
clothes, food, and raw
materials.

Answer 13

International Trading

Question 14

is basically is the import or export of goods in the world.

Example:
Export – Copper, coconut oil
Import – Vegetables, Rice

Answer 14

Global Trading

Question 15

is where a nation allows itself to have foreign investment.

Answer 15

Capital Movement

Question 16

can be categorized as commercial loans, official flows, or foreign direct
investment.

Answer 16

Foreign investment

Question 17

are money lent to foreign
businesses or governments;

Answer 17

Commercial loans

Question 18

refer to development aid or money
granted by rich countries to developing nations;

Answer 18

official flows

Question 19

refers to buying or putting
up a firm in a foreign
country or contributing to
the enhancement of an
existing firm.

Answer 19

Foreign direct investment

Question 20

is where locals travel abroad for better employment.

Example: OFW, Mobile and PC Gamers

Answer 20

Movement of People

Question 21

In the Philippines, the number of
Overseas Filipino Workers during
the period ___ (Philippine Statistics Authorities, April 2019).

Answer 21

April to September
2018 was estimated at 2.3 million

Question 22

also affects cultural and political globalization when people are overly dependent on the changes they are
experiencing.

Answer 22

Economic Globalization

Question 23

refers to the increasing “contact between people and their cultures-their ideas, their values, their ways of life” (Kumaravadivelu, 2008, pg. 33).

Example: K-drama, Type of
Clothing, Genre of music

Answer 23

Cultural globalization

Question 24

is the enlargement of the international political system and its
establishments, where inter-regional dealings, including trade, are managed.

Example: NATO (The North
American Treaty
Organization): a
multinational political treaty
established after World War

Answer 24

Political globalization

Question 25

is only one of the aspects of development

Answer 25

Economic growth

Question 26

benefits some more than others.

Answer 26

Trading

Question 27

are coupled with conditions (SAPs),which make countries compromise spending for social services and welfare.

Answer 27

Borrowing of poor
countries

Question 28

Reduction of tariffs in the Philippines
___ led to unfair competition of local industries with imports.

Answer 28

since the 1980s

Question 29

It will be difficult to poor countries to
catch up because _

Answer 29

they are caught in unequal exchanges and underdevelopment.

Question 30

Reduction of tariffs led to the death of several domestic industries.

Answer 30

1970’s

Question 31

3 main organizations

Answer 31

1.World Bank
2. International Monetary Fund (IMF)
3. World Trade Organizations (WTO)

Question 32

Facilitate investment of capital for
member countries.

Answer 32

World Bank

Question 33

Fund large-scale projects by
providing loans for member
countries.

Answer 33

World Bank

Question 34

Implement the structural
adjustment policies (SAPs) for
countries borrowing from the
world bank

Answer 34

World Bank

Question 35

Provide short-term emergency
loans

Answer 35

International Monetary Fund (IMF)

Question 36

Help bring enormous flow of
foreign money through loans and
speculative investment.

Answer 36

International Monetary Fund (IMF)

Question 37

Create rules for global trade and
investment

Answer 37

World Trade Organizations (WTO)

Question 38

Aim to reduce tariffs

Answer 38

World Trade Organizations (WTO)

Question 39

Create agreements for member
countries regarding multilateral
policies that push governments to
relax regulations on environment,
food safety, and product quality.

Answer 39

World Trade Organizations (WTO)

Question 40

Encourage countries to deregulate
economies.

Answer 40

World Trade Organizations (WTO)

Question 41

CONTRASTING EVIDENCE OF POSITIVE EFFECTS

Answer 41

• Increased income
• More employment
• Less poverty

Question 42

Globalization overall only put the
rich people and rich country richer,
and put the poor people and
country, poorer.

Answer 42

Globalization have losers and gainers

Question 43

overall only put the
rich people and rich country richer,
and put the poor people and
country, poorer.

Answer 43

Globalization