Reviewer in Contemporary World 2.
Globalization is 13. Dated from 1970 to present distributed
______________________________ 14. The creation, expansion, and acceleration person enj
1. The process in which people, ideas and _______________________of social of worldwide interdependencies occurred legal stand
goods spread throughout the world, relations, activities, and connections. in dramatic way and it was a kind of leap wealth, pri
spurring more interaction and integration 3. Globalization involves the in the history of Globalization. 14. This refers
between the world’s cultures, governments ____________________of social DIMENSONS OF GLOBALIZATION in which t
and economies. exchanges and activities. can be re
2. A process of interaction and integration 4. Globalization processes do not occur 1. Refers to the extensive development of identified
among the people, companies, and merely or an objective, material level economic relations across the globe as a 15. TRUE OR
governments of different nations, a process but they also involve the result of technology and the enormous flow teaching, a
driven by international trade and _____________plane of human of capital that has stimulated trade in both forms of j
investment and aided by information consciousness sources and goods. are require
technology. HISTORICAL PERIODS OF GLOBALIZATION 2. Refers to an enlargement and strengthening 16. Is a system
3. This process has effects on the of political interrelations across the globe norms and
environment, culture, political system , 1. Contacts among hunters and gatherers 3. Refers to the increase in the amount of 17. It is ofte
economic development and prosperity, and were geographically limited. cultural flows across the globe political in
on human physical well-being in societies 2. Globalization was severely limited due to 4. Cultural interconnections are at the power stru
around the world the absence of advance forms of foundations of contemporary globalization 18. connects
4. It is about growing worldwide technology 5. 2 dominant cultural characteristics of our generalize
connectivity. 3. It was dated 10000 BCE- 3500 BCE age 19. Is a social
5. What are the two drivers of Globalization? 4. Dated at 3500 BCE -1500 BCE 6. A constructive interaction process between interdepen
6. The process of integration of economies 5. Invention of writing and the wheel were global and local characteristics which is 20. an ideolog
across the world through cross-border flow great social and technological boosts that often visible in food, music, dance, film, liberal v
of factors product and information moved globalization to a new level fashion, and language. globalizati
7. It is the growing economic 6. Dated at 1500-1750 7. A personal or institutionalized set of 21. Globalizat
interdependence of countries worldwide 7. Period between the Enlightenment and the attitudes, beliefs, and practices relating to _________
through increasing volume and variety of Renaissance or manifesting faithful devotion to an 22. Globalizat
cross border transactions in goods and 8. In this period, European Enlightenment acknowledge ultimate reality or deity. 23. _________
services and of international capital flows project tried to achieve a universal form of 8. A religious response to the materialist 24. Globalizat
and also through the more rapid and wide morality and law. assault by the ungodly West in the rest of 25. Globalizat
diffusion of technology 9. The emergence of metropolitan centers and the world _________
unlimited material accumulation which led 9. affirms that membership in the human
ATTRIBUTES/QUALITIES/ to the capitalist world system help to family means that all bear responsibility 1. Refers to th
CHARACTERISTICS OF strengthen globalization for one another. world econ
GLOBALIZATION 10. Dated at 1750-1970 10. The Catholic Church teaches that decisions scale of cr
11. Innovations in transportation and should be made at the lowest level in order and servic
1. It involves both the communication technology, population to achieve the common good and wide a
__________________and the explosion and increase in migration led to 11. is concerned with whole person 2. A historic
multiplication of existing connections more cultural exchanges and 12. This aims at fulfilling the terms of innovation
that cut across traditional, political, transformation in traditional social contracts and other promises on both 3. It refers t
economic, cultural, and geographical patterns. personal and social level economies
boundaries. 12. Process of industrialization are also 13. This ensures a basic equity in how both the through m
accelerated. burden and the goods of society are capital acr
, 4. 2 major driving forces for economic 17. It was believed to guarantee a non- 30. refers to this process; countries as well as 41. Viewed
globalization inflationary, stable economic environment, individual businesses can maximize their industrializ
5. The 4 dimensions of Economic a means for accelerating international trade welfare by specializing in the production of the market
Globalization 18. The only international reserve those goods where they are most efficient 42. an activity
6. functional integration between 19. A system of backing a country’s currency and enjoy the largest advantages over and relatio
internationally dispersed activities which with its rivals governed b
means that it is a qualitative transformation 20. A new international system that aims to 31. refer to the regulations and agreement of extent of in
rather than a quantitative change create a stabilized international currency foreign countries on the th
7. is an extension of economic activities system and ensure a monetary stability for 32. defines as standards, goals, rules, and foreign m
between internationally dispersed all the nations regulations that pertain to trade relation relative co
activities 21. refers to a 30-year long process that began between countries the relative
8. otherwise known as multi -national at the end of the 1960s 33. taxes or duties paid for a particular class of the nature
corporation is a corporation that has a 22. monetary cooperation intended to reduce imports or exports in each cou
home base, but is registered, operates and the excessive influence of the US dollar on 34. these are measures that governments or 43. a central e
has assets or other facilities in at least one domestic exchange rates, and led, through public authorities introduce to make 44. It is the p
other country at one time various attempts, to the creation of a imported goods or services less obligations
9. TRUE OR FALSE. In the 16th century Monetary Union and a common currency competitive than locally produced goods another pa
world system analysts identify the origin of 23. a 1979 arrangement between several and services. 45. means of
modernity and globalization through long European countries which links their 35. They are state-imposed restrictions on firm can e
distance trade in the 16th century currencies in an attempt to stabilize the trading a particular product or with a and hav
10. TRUE OR FALSE. In the 17th and 18th exchange rate. specific nation. relationshi
century global economy exists only in 24. originated in an attempt to stabilize 36. This ensures that imported products in the becomes
trade and exchange rather than production inflation and stop large exchange rate country are of high quality services th
11. TRUE OR FALSE. In the 19th century fluctuations between European countries 37. This safeguards the best interest of its trade
the advent of globalization approaching its 25. The three pillar financial rescue program and citizen 1. refers to h
modern form is witnessed that enacted in response to the crisis in the 38. To regulate the trade and business relations can trade w
12. A system that forms rules and standards for EU in 2010 between two nations, this policy is formed. 2. It may als
facilitating international trade among the 26. a permanent fund created by the European Under the trade agreement the national of related
nations Union (EU) to provide emergency trade policies of both the nations and their defined ge
13. It helps in reallocating the capital and assistance to member states within the negotiations are considered pattern
investment from one nation to another. Union. 39. This defines the _________ under their 3. exists whe
14. It is the global network of the government 27. an organization created by the European charter like the International economic prompt sim
and financial institutions that determine the Union to provide assistance to member organizations, such as Organization for markets th
exchange rate of different currencies for states with unstable economies Economic Co- operation and Development events oc
international trade 28. the exchange of goods, services and capital (OECD), World Trade Organization markets.
15. It is a governing body that sets rules and across national borders. (WTO) and International Monetary Fund 4. This is a c
regulations by which different nations 29. comes in; so long as the two countries have (IMF).The best interests of both developed in differen
exchange currencies with each other. different relative efficiencies, the two and developing nations are upheld by the depict sam
16. In ____ to ____, with the help of gold and countries can benefit from trade – the policies 5. It is an o
silver, trade was carried without any country with absolute advantage will still 40. Deals with the global rules of trade countries f
institutional support benefit by directing its resources to those between nations with the main function of and the eli
goods where it is most productive and ensuring the trade flows smoothly, and tax dif
trading for the others predictably and freely. of capital a
Globalization is 13. Dated from 1970 to present distributed
______________________________ 14. The creation, expansion, and acceleration person enj
1. The process in which people, ideas and _______________________of social of worldwide interdependencies occurred legal stand
goods spread throughout the world, relations, activities, and connections. in dramatic way and it was a kind of leap wealth, pri
spurring more interaction and integration 3. Globalization involves the in the history of Globalization. 14. This refers
between the world’s cultures, governments ____________________of social DIMENSONS OF GLOBALIZATION in which t
and economies. exchanges and activities. can be re
2. A process of interaction and integration 4. Globalization processes do not occur 1. Refers to the extensive development of identified
among the people, companies, and merely or an objective, material level economic relations across the globe as a 15. TRUE OR
governments of different nations, a process but they also involve the result of technology and the enormous flow teaching, a
driven by international trade and _____________plane of human of capital that has stimulated trade in both forms of j
investment and aided by information consciousness sources and goods. are require
technology. HISTORICAL PERIODS OF GLOBALIZATION 2. Refers to an enlargement and strengthening 16. Is a system
3. This process has effects on the of political interrelations across the globe norms and
environment, culture, political system , 1. Contacts among hunters and gatherers 3. Refers to the increase in the amount of 17. It is ofte
economic development and prosperity, and were geographically limited. cultural flows across the globe political in
on human physical well-being in societies 2. Globalization was severely limited due to 4. Cultural interconnections are at the power stru
around the world the absence of advance forms of foundations of contemporary globalization 18. connects
4. It is about growing worldwide technology 5. 2 dominant cultural characteristics of our generalize
connectivity. 3. It was dated 10000 BCE- 3500 BCE age 19. Is a social
5. What are the two drivers of Globalization? 4. Dated at 3500 BCE -1500 BCE 6. A constructive interaction process between interdepen
6. The process of integration of economies 5. Invention of writing and the wheel were global and local characteristics which is 20. an ideolog
across the world through cross-border flow great social and technological boosts that often visible in food, music, dance, film, liberal v
of factors product and information moved globalization to a new level fashion, and language. globalizati
7. It is the growing economic 6. Dated at 1500-1750 7. A personal or institutionalized set of 21. Globalizat
interdependence of countries worldwide 7. Period between the Enlightenment and the attitudes, beliefs, and practices relating to _________
through increasing volume and variety of Renaissance or manifesting faithful devotion to an 22. Globalizat
cross border transactions in goods and 8. In this period, European Enlightenment acknowledge ultimate reality or deity. 23. _________
services and of international capital flows project tried to achieve a universal form of 8. A religious response to the materialist 24. Globalizat
and also through the more rapid and wide morality and law. assault by the ungodly West in the rest of 25. Globalizat
diffusion of technology 9. The emergence of metropolitan centers and the world _________
unlimited material accumulation which led 9. affirms that membership in the human
ATTRIBUTES/QUALITIES/ to the capitalist world system help to family means that all bear responsibility 1. Refers to th
CHARACTERISTICS OF strengthen globalization for one another. world econ
GLOBALIZATION 10. Dated at 1750-1970 10. The Catholic Church teaches that decisions scale of cr
11. Innovations in transportation and should be made at the lowest level in order and servic
1. It involves both the communication technology, population to achieve the common good and wide a
__________________and the explosion and increase in migration led to 11. is concerned with whole person 2. A historic
multiplication of existing connections more cultural exchanges and 12. This aims at fulfilling the terms of innovation
that cut across traditional, political, transformation in traditional social contracts and other promises on both 3. It refers t
economic, cultural, and geographical patterns. personal and social level economies
boundaries. 12. Process of industrialization are also 13. This ensures a basic equity in how both the through m
accelerated. burden and the goods of society are capital acr
, 4. 2 major driving forces for economic 17. It was believed to guarantee a non- 30. refers to this process; countries as well as 41. Viewed
globalization inflationary, stable economic environment, individual businesses can maximize their industrializ
5. The 4 dimensions of Economic a means for accelerating international trade welfare by specializing in the production of the market
Globalization 18. The only international reserve those goods where they are most efficient 42. an activity
6. functional integration between 19. A system of backing a country’s currency and enjoy the largest advantages over and relatio
internationally dispersed activities which with its rivals governed b
means that it is a qualitative transformation 20. A new international system that aims to 31. refer to the regulations and agreement of extent of in
rather than a quantitative change create a stabilized international currency foreign countries on the th
7. is an extension of economic activities system and ensure a monetary stability for 32. defines as standards, goals, rules, and foreign m
between internationally dispersed all the nations regulations that pertain to trade relation relative co
activities 21. refers to a 30-year long process that began between countries the relative
8. otherwise known as multi -national at the end of the 1960s 33. taxes or duties paid for a particular class of the nature
corporation is a corporation that has a 22. monetary cooperation intended to reduce imports or exports in each cou
home base, but is registered, operates and the excessive influence of the US dollar on 34. these are measures that governments or 43. a central e
has assets or other facilities in at least one domestic exchange rates, and led, through public authorities introduce to make 44. It is the p
other country at one time various attempts, to the creation of a imported goods or services less obligations
9. TRUE OR FALSE. In the 16th century Monetary Union and a common currency competitive than locally produced goods another pa
world system analysts identify the origin of 23. a 1979 arrangement between several and services. 45. means of
modernity and globalization through long European countries which links their 35. They are state-imposed restrictions on firm can e
distance trade in the 16th century currencies in an attempt to stabilize the trading a particular product or with a and hav
10. TRUE OR FALSE. In the 17th and 18th exchange rate. specific nation. relationshi
century global economy exists only in 24. originated in an attempt to stabilize 36. This ensures that imported products in the becomes
trade and exchange rather than production inflation and stop large exchange rate country are of high quality services th
11. TRUE OR FALSE. In the 19th century fluctuations between European countries 37. This safeguards the best interest of its trade
the advent of globalization approaching its 25. The three pillar financial rescue program and citizen 1. refers to h
modern form is witnessed that enacted in response to the crisis in the 38. To regulate the trade and business relations can trade w
12. A system that forms rules and standards for EU in 2010 between two nations, this policy is formed. 2. It may als
facilitating international trade among the 26. a permanent fund created by the European Under the trade agreement the national of related
nations Union (EU) to provide emergency trade policies of both the nations and their defined ge
13. It helps in reallocating the capital and assistance to member states within the negotiations are considered pattern
investment from one nation to another. Union. 39. This defines the _________ under their 3. exists whe
14. It is the global network of the government 27. an organization created by the European charter like the International economic prompt sim
and financial institutions that determine the Union to provide assistance to member organizations, such as Organization for markets th
exchange rate of different currencies for states with unstable economies Economic Co- operation and Development events oc
international trade 28. the exchange of goods, services and capital (OECD), World Trade Organization markets.
15. It is a governing body that sets rules and across national borders. (WTO) and International Monetary Fund 4. This is a c
regulations by which different nations 29. comes in; so long as the two countries have (IMF).The best interests of both developed in differen
exchange currencies with each other. different relative efficiencies, the two and developing nations are upheld by the depict sam
16. In ____ to ____, with the help of gold and countries can benefit from trade – the policies 5. It is an o
silver, trade was carried without any country with absolute advantage will still 40. Deals with the global rules of trade countries f
institutional support benefit by directing its resources to those between nations with the main function of and the eli
goods where it is most productive and ensuring the trade flows smoothly, and tax dif
trading for the others predictably and freely. of capital a
