W2P1 (article): Brief history of globalisation Flashcards
- In what year did Alibaba announce its Silk Road Headquarters in Xi’an?
A) 2019
B) 2018
C) 2017
D) 2020
B
- What significant historical route is associated with the beginning of globalization?
A) The Spice Route
B) The Silk Road
C) The Transatlantic Trade Route
D) The Maritime Silk Road
B
- During which period did Islamic merchants significantly expand trade?
A) 1st-5th centuries AD
B) 7th-15th centuries
C) 15th-18th centuries
D) 19th century
B
- What was a major consequence of the Age of Discovery?
A) Introduction of new luxury goods in Europe
B) Complete halt of all trade
C) The new establishment of European colonies and slave trade
D) Establishment of the Silk Road
C
- Which country is highlighted as the primary effect of the first wave of globalization?
A) United States
B) China
C) Great Britain
D) France
C
- What economic event occurred in 1914 that significantly affected globalization?
A) The end of World War II
B) The Great Depression
C) The Eve of World War I
D) The fall of the Berlin Wall
C
- What institution was created to encourage international trade after the Cold War?
A) The International Monetary Fund (IMF)
B) The World Trade Organization (WTO)
C) The European Union (EU)
D) The United Nations (UN)
B
- Which technology has been emphasized as a driving force in Globalization 4.0?
A) Steam engines
B) Refrigerated cargo ships
C) The internet
D) Trains
C
- What is a significant challenge associated with Globalization 4.0 mentioned in the article?
A) Increased global trade
B) Cyberattacks and cross-border hacking
C) Rise of the middle class
D) Expansion of e-commerce
B
- What did Xi Jinping propose regarding globalization in his Davos speech?
A) To reject globalization entirely
B) To promote a more inclusive globalization
C) To return to traditional trade methods
D) To isolate China from global trade
B
Which historical period is identified with the rise of European colonization?
A) The Age of Enlightenment
B) The Renaissance
C) The Industrial Revolution
D) The Age of Discovery
D
How is Globalization 4.0 primarily different from previous eras?
A) It emphasizes physical trade routes
B) It involves digital transformation and automation
C) It focuses on agricultural advances
D) It is driven by climate policies
B
Which ancient trade route is considered the earliest form of globalization?
A) Trans-Saharan Route
B) Silk Road
C) Viking Trade Network
D) Byzantine Spice Route
B
What was the main factor driving the first wave of globalization in the 19th century?
A) Industrialization and steam power
B) Agricultural expansion
C) Maritime exploration
D) Global internet connections
A
What critical global event caused a significant setback to globalization after 1914?
A) The Great Recession
B) The Spanish Flu
C) World War I
D) The Cold War
C