(LESSON 4) Communication and Globalization Flashcards
It refers to the spread of products, technology, information, and jobs across national borders and cultures.
Globalization
In economic terms, it describes an interdependence of nations around the globe fostered through free trade.
Globalization
A word which suggests that there are other options by which one can communicate.
Mediated.
TRUE OR FALSE?
Communication has now become mediated.
TRUE
1) Text messaging
2) Video calling/conferencing
3) Emailing
4) Chatting online
5) Posting on social media
The list above are examples of what?
Mediated Communication
It is the buying and selling of goods and services between different countries around the world.
Trade
What are the factors or drivers of Globalization?
1) Trade
2) Financial Flow
3) Technology, Transport, and Communication
It involves the movement of money around the world.
Financial Flow
It allow nations to secure funding that is not available in the domestic economy.
Global financial flows
TRUE OR FALSE?
Globalization increases business opportunities.
TRUE
TRUE OR FALSE?
Globalization increases cultural barriers.
FALSE. Globalization enables fewer cultural barriers.
TRUE OR FALSE?
Globalization decreases economic growth.
FALSE. The word should be “increases”
TRUE OR FALSE?
Globalization makes production less affordable.
FALSE. It makes the production more affordable.
TRUE OR FALSE?
Globalization promotes working together
TRUE
TRUE OR FALSE?
Globalization brings opportunities to developed countries.
FALSE. It brings opportunities to less developed ones.
