Week 2: Part 1 (Lecture) - What is Globalisation? Flashcards
How did the telegraph and steamships in the mid-19th century contribute to globalization?
a) They allowed for faster military invasions across colonies.
b) They enabled rapid communication and transportation, facilitating global trade.
c) They were responsible for spreading European culture to the East.
d) They caused a decline in trade as local economies became more self-sufficient.
b) They enabled rapid communication and transportation, facilitating global trade.
Which of the following statements about the Silk Road is correct?
a) The Silk Road was a single, continuous route from China to Europe.
b) The Silk Road was primarily used for the spread of Western languages into Asia.
c) The Silk Road facilitated the exchange of goods, religions, and even diseases between the East and West.
d) The Silk Road’s importance faded entirely after the 1800s.
c) The Silk Road facilitated the exchange of goods, religions, and even diseases between the East and West.
The golden era of globalization is said to have ended due to which major event?
a) The Great Depression
b) The fall of the Roman Empire
c) The First World War
d) The Cold War
c) The First World War
Which of the following is not an example of cultural globalization?
a) The spread of K-pop music globally
b) The rise of global trade agreements like NAFTA
c) The global influence of Hollywood films
d) The spread of American fast food chains like KFC
b) The rise of global trade agreements like NAFTA
How did the spread of diseases along the Silk Road impact regions outside the trade network, such as the Americas and Australia?
a) These regions were less affected as they had natural immunity.
b) These regions suffered more as they were not part of the exchange and lacked natural immunity.
c) The diseases led to increased diplomatic relations between these regions and Silk Road participants.
d) These regions were only indirectly impacted by minor diseases brought through intermediaries.
b) These regions suffered more as they were not part of the exchange and lacked natural immunity.
In what century was the Silk Road at its peak, facilitating the largest exchange of goods and cultures?
a) 6th Century CE
b) 13th Century CE
c) 19th Century CE
d) 5th Century BCE
b) 13th Century CE
What significant period marked the beginning of skepticism towards globalization due to concerns about big global conglomerates?
a) The Industrial Revolution
b) The Great Depression
c) Post-World War II
d) The Cold War era
b) The Great Depression
Which of the following statements best explains why the Silk Road is considered a “template” for globalization?
a) It connected only the wealthiest cities across the world.
b) It created a blueprint for the exchange of goods, cultures, languages, and ideas across continents.
c) It was the first trade route to use maritime navigation for shipping.
d) It was solely responsible for the spread of diseases cross Asia and Europe.
b) It created a blueprint for the exchange of goods, cultures, languages, and ideas across continents.
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) The Age of Discovery
What has replaced manufactured goods as the primary drivers of global integration according to McKinsey?
a) Physical goods and resources
b) Data, intellectual property, services, and talent
c) Agricultural products
d) Machinery and electronics
Answer: b) Data, intellectual property, services, and talent
Which sector has seen a significant increase in offshore research and development (R&D) activities?
a) Retail
b) Automotive
c) Construction
d) Hospitality
Answer: b) automotive
Which type of services are growing most rapidly in the trade of knowledge-intensive categories?
a) Hospitality and tourism services
b) Financial and legal services
c) Professional, government, IT, and telecommunications services
d) Retail and wholesale services
Answer: c) Professional, government, IT, and telecommunications services
