Module 10- Globalization & multiculturalism Flashcards

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1
Q

What is globalization?

4pts

A

The merging of previously domestic spaces and issues into one interconnected and multifaceted transnational global village

Described as:
- Growing interdependence
- Increases economic integration
- More interdependent and integrated world economy

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2
Q

What are 4 types of globalization?

4pts

A
  • Globalization
  • Economic globalization
  • Political globalization
  • Social or cultural globalization
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3
Q

What are 5 drivers for globalization?

5pts

A
  • Market
  • Cost
  • Competition
  • Government
  • Technology
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4
Q

The only global international organization dealing with the rules of trade between nations.

A

World Trade Organization (WTO)

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5
Q

What are international Non-governmental organizations (INGO’s)?

What are the two things it is also referred to?

3pts

A

Groups that hold shared values and attitudes about the issues relating to globalization and advocate for changes to improve conditions in developing countries.

  • Also referred to as transnational non-government actors (TNGA’s) or transnational social movement organization (TSMO’s)
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6
Q

Concept that morality varies from one culture to another and therefore business practices are therefore defined differently from culture to culture.

A

Cultural relativism

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