GLOBALIZATION

Question 1

involves a fundamental shift
in the spatial scale of human social
organization.

Answer 1

Globalization

Question 2

Transportation technologies, colonial
projects, and geographic know-how “shrunk
the world.”

Answer 2

Globalization 1.0

Question 3

Spearheaded by companies globalizing for
markets, for labor, and resources.

Answer 3

Globalization 2.0

Question 4

third and current phase of
globalization began around 2000. Built
around individuals.

Answer 4

Globalization 3.0

Question 5

shaped by a combination
of governance decisions and technological
developments.

Answer 5

Globalization 4.0

Question 6

growing connections
between sovereign and interdependent
nation-states.

Answer 6

Internationalization

Question 7

mutual
dependence between sovereign states.

Answer 7

International Interdependence

Question 8

central to any account of
globalization.

Answer 8

Technics

Question 9

crucial as technology is, so too
is globalization’s specifically economic logic.

Answer 9

Economics

Question 10

shorthand here for ideas, interests,
and power, politics constitutes the third logic
of globalization.

Answer 10

Politics

Question 11

world trade has
expanded rapidly over the past two
decades.

Answer 11

Trade Liberalization

Question 12

seek economic
development by opening themselves up in
international trade.

Answer 12

Export Driven Countries

Question 13

rely on importing
goods from other countries due to lack of
domestic production or cheaper prices.

Answer 13

Importing Countries

Question 14

lasting
investment made by the government into
foreign concern.

Answer 14

Foreign Direct Investments l