Introduction to Globalization

Question 1

is global movement towards integration of the economy, finance, commerce, and communication

Answer 1

Globalization

Question 2

Refers to barriers that prevent or make difficult movement of things

Answer 2

Solidity

Question 3

Refers to the increasing ease of movement of people, things, information and places in the contemporary world

Answer 3

Liquidity

Question 4

are the movement of people, things, and places and information.

• brought by growing “porosity”

Answer 4

Flows

Question 5

Flows are the movement of people, things, and places and information. Brought by growing “porosity”

Answer 5

Ritzer (2015)

Question 6

Types of Globalization

Answer 6

• Cultural Globalization
• Political Globalization
• Economic Globalization

Question 7

Refers to the widespread international movement of goods, capital, services, technoloy and information

Answer 7

Economic Globalization

Question 7

Refers to the transmission of ideas, meanings and values around the world.

Answer 7

Cultural Globalization

Question 8

refers to the growth of worldwide political system, both in size and complexity.

Answer 8

Political Globalization

Question 9

What is the main faciliator of globalization

Answer 9

Technological development

Question 10

are conceived as the main facilitator and driving force of most of the globalization

Answer 10

Technological developments