GLOBALIZATION Flashcards
Is the
process of
and integration among
people, companies, and
governments worldwide
Globalization
As a complex and multifaceted phenomenon, globalization is
considered by some as a form of __________
capitalist expansion
entails the integration of local and national economies into a
global, unregulated market economy.
capitalist expansion
GLOBALIZATION FIRST APPEARED IN THE _________
early 20th century
developed its current meaning some time in the second half
of the 20th century
GLOBALIZATION
When did globalization came into popular use
in the 1990s
began in the 1820s,
Large-scale globalization
T /F: in the late 19th century and early 20th century drove a rapid
contraction in the connectivity of the world’s economies and
cultures.
F
TYPES OF GLOBALIZATION
- POLITICAL
- CULTURAL
- ECONOMIC
is the
increasing economic interdependence
of national economies across the
world through a rapid increase in
cross-border movement of goods,
services, technology, and capital
Economic globalization
the process of increasing economic
integration between countries, leading
to the emergence of a global
marketplace or a single world market.
Economic globalization
refers to the transmission of ideas,
meanings, and values around the world in such a way as
to extend and intensify social relations
Cultural globalization
Cultural globalization is marked by the common consumption of
cultures that have been diffused by the ________
Internet,
popular culture media, and international travel.
T/F: The circulation of cultures
enables individuals to partake in
extended social relations that
cross national and regional
borders.
T
The creation and
expansion of such social
relations is not merely observed
on a ______
material leveL
involves
the formation of shared norms
and knowledge with which
people associate their individual
and collective cultural identities
Cultural globalization
