LESSON 1 Flashcards

1
Q

The means that interconnects the world by means of transportation and
communication.

A

Globalism

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2
Q

Is the operation or planning of
economic and foreign policy on a global basis.

A

Globalism

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3
Q

It is used by Joseph Nye, “to
describe attempts to understand the interconnectedness of the world” in terms of
transportation and communication.

A

Globalism

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4
Q

Abbreviation of WTO

A

World Trade Organization

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5
Q

Abbreviation of IMF

A

International Monetary Fund

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6
Q

Is a process linked by
interconnected cross -border production and it enables firmness to enter into new markets, to capitalize on technological organizational advantages and to reduce cost.

A

Industrial Globalization

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7
Q

According to Minnesota is the spread of products, investments and technology across national
borders and countries.

A

Globalization

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8
Q

The emergence of countries
and rations across the world.

A

Globe or Globalize

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9
Q

Refers to the spread of material and non-material culture across the world such as ideas, beliefs, apparels and values around the world.

A

Cultural Globalization

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10
Q

refers to the transmission of ideas, meanings and values around the world in a way as to expand and intensify social relations.

A

Cultural Globalization

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11
Q

Is a term used to describe how trade and technology have made the world into a more connected and interdependent place.

A

Globalization

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12
Q

is a process of interaction and integration among people, companies and governments of different nations a process driven by international trade and aided by informational technology.

A

Informational Globalization

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13
Q

refers to international lending institutions for capital outlay to developing countries like IMF and the World Bank.

A

Financial Globalization

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14
Q

refers to the growth of the
worldwide political system both in size and complexity like civil society, international non-governmental organizations, social movements or the United
Nations

A

Political Globalization

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15
Q

Globalization of countries

A

1642 to 1800

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16
Q

It is also increased the flow of communication between and among countries to further spread democratic ideas to developed countries and reduce cultural barriers across the world.

A

Political Globalization

17
Q

Globalization of companies

A

1800 to 2000

18
Q

Globalization of the individuals

A

2000 to present

19
Q

gave the world an opportunity to a
prominent technological progress that allowed countries to experience a faster exchange between goods, products and information.

A

Industrialization