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The Contemporary World > Reading 1-2 > Flashcards

Reading 1-2 Flashcards

1
Q

3 processes of globalization

A
  • economic
  • political
  • cultural
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2
Q

7 aspects of globalization

A
  • financial
  • economic
  • political
  • cultural
  • sociological
  • technological
  • ecological
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3
Q

aspects involved in economic process

A
  • financial aspect
  • economic aspect
  • technological aspect
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4
Q

Interconnection of the world’s financial systems e.g. stock markets

A

financial aspect

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5
Q

financial aspect primarily relates to:

A
  • finance
  • currency
  • money
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6
Q

A worldwide economic system that permits easy movement of goods, production, capital, and resources (free trade facilitates this)

A

economic aspect

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7
Q

economic aspect primarily relates to:

A

goods and services

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8
Q

tangible aspect

A

economic aspect

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9
Q

intangible aspect

A

financial aspect

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10
Q

The connection between nations through technology such as television, radio, telephones, internet, etc.

A

technological aspect

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11
Q

technological aspect relates to economic process by facilitating __________

A

economic transactions

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12
Q

aspect involved in political process

A
  • political aspect
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13
Q

Countries are attempting to adopt similar political policies and styles of government in order to facilitate other forms of globalization

A

political aspect

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14
Q

political aspect primarily relates to:

A
  • government
  • governance
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15
Q

concepts included in political aspect

A
  • national laws
  • security
  • sovereignty
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16
Q

facilitate action and development

A

treaties

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17
Q

aspects included in cultural process

A
  • cultural aspect
  • ecological aspect
  • sociological aspect
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18
Q

Merging or “watering down” of the world’s cultures – e.g. food, entertainment, language, etc.

A

cultural aspect

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19
Q

cultural aspect relates to ______

A

inculturation

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20
Q

cultural aspect also includes the exchange of _____ and _____

A
  • values
  • attitudes
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21
Q

cultural aspect is the ______ of foreign cultural practices such as in fashion and film entertainment

A

adaptation

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22
Q

Seeing the Earth as a single ecosystem rather than a collection of separate ecological systems because so many problems are global in nature

A

ecological aspect

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23
Q

negative effects of globalization

A

trade-off

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24
Q

manifestations of trade-off

A
  • overproduction
  • overconsumption
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25
A growing belief that we are all global citizens and should all be held to the same standards – and have the same rights
sociological aspect
26
sociological aspect refers to how _____ can be similar among different demographics
social issues
27
concerns of sociological aspect
basic human rights (SOGIE education and gender equality)
28
sociological aspect is affected by _____ that is related to financial aspect
social status
29
points to transnational process as the reason behind certain accounts instead of globalization and its related processes
globalization as globaloney
30
Existing accounts of globalization are said to be:
- incorrect - imprecise - exaggerated
31
4 approaches to globalization
- rejectionists - skeptics - modifiers - optimist/positivists/transformationalist
32
Reject/opposes all the so-called positive effects of globalization (and its effects)
rejectionists
33
doubtful
skeptics
34
dispute the current level of globalization as been less than perceived, even at a “most optimistic” lens
modifiers
35
Dispute the usefulness of globalization as a sufficiently precise analytical concept
rejectionists
36
acc to ______, "globalization’ does not constitute an accurate label for the actual state of affairs"
skeptics
37
Refers to those pro-globalization; e.g, author Steger
optimist / positivist / transformationalist
38
- Highly industrialized - Strong economies - Dominates policies - North America, Europe, and Eastern Asia
global north
39
- Developing Economies - “Third-World"
global south
40
Situation where power is concentrated in the hands of a limited number of people
elitism
41
grouping of nations which share a sense of interconnection
region
42
Emergence of the term "globalization"
1960s
43
year wherein globalization gained more prominence
1970s
44
in ____ globalization became a household term (more widely-known or integrated)
1990s
45
globalization took new heights in complement to (fast-paced) modernization and the internet in the _____
2000s
46
globalization was already observable when:
humans first started interacting with one another
47
globalization is defined as:
- broad and inclusive - narrow and exclusive
48
Definition includes a variety of issues and opportunities where different sectors may participate
broad and inclusive
49
Focuses on one aspect of globalization
narrow and exclusive
50
The increasing sameness in the world as cultural inputs, economic factors, and political orientations of societies create common practices, common economies and common government.
homogeneity of globalization
51
The creation of various cultural practices, new economies and political groups because of the interaction of elements from different societies of the world
heterogeneity of globalization
52
heterogeneity of globalization is characterized by the ______ by combining acquired influences with existing local routines
creation of a new culture
53
associated with cultural hybridation
heterogeneity of globalization
54
Selective adaptation of cultural elements, then processed through fusing/localizing/localization which leads to it becoming hybridized
cultural hybridization
55
Globalization + localization =
glocalization
56
glocalization is coined by _____
Roland Robertson
57
Simultaneous occurrence of both universalizing and particularizing tendencies in contemporary social, political, and economic systems
glocalization
58
creation of products or services for the global market by adapting them to local cultures
glocalization in the marketing context
59
heterogenous globalization suggests that world is still _____ and _____ exist
- not entirely the same - distinctions
60
current status of the PH in terms of economic and political process
homogenous
61
current status of the PH in terms of cultural process
heterogenous
62
barriers that prevent or make difficult the movement of things
solidity of globalization
63
landforms or bodies of water
natural
64
barriers like Great Wall of China and the Berlin Wall; Imaginary lines (e.g. nine dash line)
man-made
65
Barriers can be _______
removed
66
the tendency to melt barriers and the process involves faster interconnection or flow of things across boundaries
liquidity and flow of globalization
67
liquidity and flow refers to the _______ of people, things, information, and places in the contemporary world
increasing ease of movement

The Contemporary World (3 decks)

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