Washington: Peterson Institute for International Economics. The Brexit agreement: An economic guide for the perplexed. Russia's war on Ukraine: A sanctions timeline. The corporation can pay lower wages, because thestandard of livingin less developed countries is much lower. B) they do not want to harm their environment. The U.S. Income Distribution:Trends and Issues [pdf]. D) globalization. 2011. Stimulus diffusion is Washington: Peterson Institute for International Economics. Globalization results in the expansion of international cultural, economic, and political activities. The globalization of Greek culture came with the conquerorAlexander the Great. In this way, globalization influences trade, taste, and culture.Popular CulturePopular culture has also become more globalized. Chapter 13: Effective Intercultural Communication in a Global Society 2003-2023 Chegg Inc. All rights reserved. 2016. 2016, or 185 percent of GDP.). Washington: Peterson Institute for International Economics. Program. Globalization has led to both a growing interconnectedness and a rise in xenophobia. Omissions? Chicago Fed Letter, No. Washington: Peterson Institute for International Economics. 2018. Cultural Globalization (Examples, Pros, Cons) - AP Human Geo tax credits, better unemployment benefits, and subsidies for health insurance for all displaced workers regardless D) folk cultures must use local materials when building. Globalization and the Benefits of Trade. B. The Five Dimensions of Global Cultural Flow - Study.com People in the United States enjoy listening to South African music and reading Japanese comic books. C) they want to preserve their traditional cultures. When you reach out to him or her, you will need the page title, URL, and the date you accessed the resource. Foreign direct investment (FDI) involves establishing ownership or controlling interest of a business in another country. They work together to open their borders to allow the movement of money and people needed to keep economic globalization working.Because people, money, and computerized information move so easily around the globe, countries are increasingly working together to fightcrime. Instead of sacrificing trade gains, many economists recommend domestic policies like wage insurance, expanded The concept of empathy is associated with many important aspects of in intercultural communication behabiour. C. Globalization improves cultural awareness by enabling the exchange of ideas and. Washington: Peterson Institute for International Economics. Trends in Globalization - Globalization: A Resource Guide - Research cultural globalization, phenomenon by which the experience of everyday life, as influenced by the diffusion of commodities and ideas, reflects a standardization of cultural expressions around the world. 3. Globalization has brought changes to Gogol's family that they are learning to like . The Trump administration pushed for more power to impose tariffs. Advanced medicines are more easily and widely available to people who may not have been able to afford them. Pew Research Center (August 7). In other words, the con of cultural globalization is that there may develop one world culture (an Americanized world) rather than cultural diversity. So even if you have the perfect, most optimal international trade agreements, there will always be those . A. Bown, Chad P., and Melina Kolb. 74) Which statement best describes intuition? A farmer in Nigeria can easily talk to his cousin who moved to New York, New York. McDonalds in Japan features a green-tea flavored milkshake. A) the rapid and widespread diffusion of a characteristic throughout the population. A) The suburbs are too bland and boring. If no button appears, you cannot download or save the media. A) trans-national corporations. Total US liabilities to foreigners were $34 trillion in B) Step migration. D) Los Angeles and Detroit. 2017. Which of the following statements best describes the primary effect of globalization? Contact Us. Globalization is important because it help create employment and more production of goods a result . Some menu items, such as the Big Mac, are the same all over the world. E) all of the above. In fact, some Bollywood movies do much better in the United States or the United Kingdom than they do in India.Clothing styles have also become more uniform as a result of globalization. An economist explains the pros and cons of globalization The Memoirs of Cordell Hull, Volume 1. 2019. E) traditions. Washington: Peterson Institute for International Economics. This feature was first published on October 29, 2018 and last updated on August 24, 2021. Globalization reduces unique features of local culture and contributes to global cultural homogenization B. Bown, Chad P. 2022. Goods are physical, produced items traded between countries, like corn, machinery parts, or chemicals. They also sold their goods in other countries.Britainscolonyin India, for instance, suppliedcottonto Britishmerchants and traders.Madras, a light cotton cloth, was made in the city of Madras (now called Chennai), a majorportin India. Globalization has forced changes on Gogol's family that he accepts , but thathis parents resist . those who adopt new ideas just before the average member of a social system, those who are reluctant to adopt until most others do so, those who are the last to adopt an innovation, insisting on using ones own cultural rules. C) the spread of an idea from persons of power to other persons. B) New York, London, and Paris. E) All of the above. B) strip malls. 2 See answers Advertisement E) all of the above. Lu, Zhiyao (Lucy), and Gary Clyde Hufbauer. Washington: Peterson Institute for International Economics. Realtime Economic Issues Watch (January 21). cultural globalization, phenomenon by which the experience of everyday life, as influenced by the diffusion of commodities and ideas, reflects a standardization of cultural expressions around the world. OECD Publishing. 2001. Washington: World Bank. 2016. Globalization moves jobs and capital to places that need these resources. In 2002, theInternational Criminal Courtwas established. A) Culture is the traditions and beliefs of a group of people. RealTime Economics (July 19). 2017. 236. Chapter 1: Challenges of Living in a Global Community E) Japanese capitalism. A) relocation diffusion. Which of the following describes globalization of pop culture? Adjustment and Income Distribution Impacts of the Trans-Pacific Partnership. Washington: Peterson Institute for International Economics. China, India, and Brazil dropped their rates to enter the World Trade Organization (WTO). Which of the following concept best illustrates the degree to which pairs of individuals who interact are similar in certain attributes, such as beliefs, education, and social status? Each year, millions of people move from one country to another in search of work. China bought none of the extra $200 billion of US exports in Trump's trade deal. Globalization is the movement and integration of goods and people among different countries. Cultural globalization - Wikipedia Why, After 200 Years, Cant Economists Sell Free Trade? B) Ethnicity. Countries exposed to globalization have alleviated inequality to different degrees through tax and welfare systems. D) Traditional dress. Mathieu, Edouard, Hannah Ritchie, Lucas Rods-Guirao, Cameron Appel, Charlie Giattino, Joe Hasell, Bobbie Macdonald, Saloni Dattani, Diana Beltekian, Esteban Ortiz-Ospina and Max Roser. Visit piie.com to learn more. To ensure full site functionality, please use an alternative web browser or upgrade your version of Internet Explorer. Stokes, Bruce. These include FDI, securities (which are bought and sold), and debts. Not surprisingly, polls vary widely depending on how and when the question is posed. Pew Research Center (December 14). E) Tokyo, Paris, and Los Angeles. This concept makes production more efficient, promotes economic growth, and lowers prices of goods and services, making them more affordable especially for lower-income households. individuals and their communities. Which of the following aspects is associated with empathy? D) an area around the boundary between two culture regions that exhibits traits Distribute the worksheet and have students research globalization. Jobs available through globalization have lifted many people out ofpoverty. Others point out that people tend to adopt some aspects of other cultures without giving up their own. D) Cultural traits are a reflection of a groups values. B) Folk cultures believe that nature exists to enrich them. E) None of the above, Examples of non-material aspects of culture include all of the following except Distribute copies of the worksheet Decision Matrix to each student. Factories in the county of Lancashire, England, created madras cloth. UNCTAD (United Nations Conference on Trade and Development). Hull, Cordell. Washington: Peterson Institute for International Economics. Consumers must be responsible to a triple bottom line of economic value, social progress, and environmental health. Foreign Affairs (March/April). Hufbauer, Gary Clyde. dominant culture so completely that the two cultures become indistinguishable. Preserving Manufacturing Jobs One Company at a Time. Answer to Solved 3. Moran, Theodore H., and Lindsay Oldenski. Ask them to brainstorm what some pros and cons may be, and write them on the board. Published online at OurWorldInData.org (accessed on October 24, 2022). Foreign-owned companies that do business in the United States have hired Americans at a faster rate than US private employers between 2007 and 2015. Which statement about race and ethnicity is true? Section 301: US investigates allegations of forced technology transfers to China. When waves of cultural groups move into an area and modify the human imprint of Tariffs are paid by domestic importers, not foreign governments or exporters. Have students write a bulleted list of information that supports the views they selected. Students research, analyze, and debate the pros and cons of globalization. from both cultures. D) an area around the boundary between two culture regions that exhibits traits And Beijing routinely subsidizes its industries. A) It represents the marginal factor in decision-making.B) It represents a minor factor in decision-making integrated with analysis. Lovely, Mary E., and Yang Liang. 2016. Westernization reached much of the world as part of the process of colonialism and continues to be a significant cultural phenomenon as a result of globalization. Other international issues includeterrorism,drug trafficking, andimmigration.The process of globalization is verycontroversial. E) none of the above. RealTime Economics (March 14). 5. Ask students to record the information they find on the worksheet. Anthropologist Arjun Appadurai described and studied five dimensions of global cultural flow. The economy of the country of Saudi Arabia is almost entirely dependent onoilexports.To increase trade, many countries have created free trade agreements with other countries. A. US-China phase one tracker: Chinas purchases of US goods. Studies have shown that bats can consume an average of ten mosquitoes per minute (berkshiremuseum.org). PIIE Briefing 18-1. Globalization has led to increases in standards of living around the world, but not all of its effects are positive for everyone. Globalization has brought McDonalds to billions of consumers worldwide. Group of answer choices. (October 27). 9. B) Acculturation. This chart shows the collapse of financial inflows to South Korea during two periods, the 199798 Asian Weisman, Steven R. 2016. B) subsequent occupance. National Geographic Society is a 501 (c)(3) organization. In fact, there are cities named for Alexander in Iraq (Iskandariya), Egypt (Alexandria), and Turkey (Alexandria Troas).TheSilk Road, atrade routebetween China and the Mediterranean, promoted the exchange of ideas and knowledge, along with trade goods and foods such as silk, spices, porcelain, and other treasures from the East.When Europeans beganestablishing colonies overseas, globalization grew. D) Many younger people who are childless arent concerned with the quality of public The series was written ahead of the 2019 Annual Meeting of the World Economic Forum in Davos, which focuses on "Globalization 4.0". Which of the following concepts is part of the mindfulness dimension of intercultural communication competence? A trade surplus is the opposite, when earnings from exports top spending on imports. B) Culture is learned behavior that is passed from one generation to the next. 2017. Learn more about U.S. immigration with this curated resource collection. D) Scandinavians in the upper Midwest. Here are some of the crucial areas that economists have proposed the United States should focus on, as outlined in many studies at the Peterson Institute and other policy organizations. B) The spread of laptop computers from the upper class to the middle class. Have students use the provided websites to conduct their own research and to learn more about the issues in the debate over globalization. E) religion. B) Hollywood movies. Economists look at the effects of globalization across the entire economy to weigh the pros vs. cons. The definition of cultural globalization is the process through which the values, ideas, and experiences of a specific culture are transmitted and disseminated across the world. National Geographic Headquarters 1145 17th Street NW Washington, DC 20036. C) the spread of an idea from persons of power to other persons. b. Which of the following statements best describes laggards, according to the diffusion of innovations theory? What is the probability that a bat consumes four mosquitoes in a 30 -second interval? In seconds, people are able to respond tonatural disasters that happen thousands of miles away.Many people access information through improved and new technology, such as cell phones. And people all across the world are eating more meat and sugary foods, like those sold in fast food restaurants.The worldwide expansion of McDonalds has become a symbol of globalization. D) influence of a culture decreases as one travels in and around. C) folk cultures have a homogeneous population. C) Many younger people like to be near cultural amenities in the city. Hufbauer, Gary Clyde, and Zhiyao (Lucy) Lu. Sometimes, thesemigrantworkers travel a short distance, such as between the Mexican state of Sonora and the U.S. state of California. Lu, Zhiyao (Lucy), and Gary Clyde Hufbauer. This chart shows how FDI has grown steadily while the growth of portfolio holdings (foreign equity or foreign debt) and other assets (which are Culture is spread by In this way, globalization encourages countries around the world to provide typical Western services. Bradford, Scott C., Paul L. E. Grieco, and Gary Clyde Hufbauer. Which of the following statements best describes the dialectics of globalization? Pew Research Center (September 26). The theory behind globalization is that worldwide openness will promote the inherent wealth of all nations. As people, ideas, knowledge, and goods move more easily around the globe, the experiences of people around the world become more similar.Globalization in HistoryGlobalization has a long history, for example, Ancient Greek culture was spread across much of southwestern Asia, northern Africa, and southern Europe. A) marriage tax. Washington: Peterson Institute for International Economics. 2019. Apartheid, a policy of racial segregation from 1948-1990, was the official policy of Promote global environmental sustainability. Washington: Peterson Institute for International Economics. The incident is sometimes called "the Battle in Seattle.". E) uniform landscapes. D) the internet. Ortiz-Ospina, Esteban, Diana Beltekian. D) religious beliefs are reflected in most aspects of culture. Kirkegaard, Jacob Funk. B) Nordic skiing . C) The spread of AIDS to the United States. Washington: Peterson Institute for International Economics. Many early European explorers were eager to bring theChristian religion to the regions they visited. called a B) Many older urban neighborhoods offer a sense of place. A) Cultural assimilation. PIIE Working Paper 17-10. US administrations have taken different approaches to deal with these concerns. Battle in SeattleThe 1999 meeting of the World Trade Organization (WTO) was held in Seattle, Washington, United States. Corrections? Associated Press/Abe Fox B) the spread of an underlying principle or idea. Structures of Globalization questions & answers for quizzes and the cultural landscape, this is known as C) the belief that ones own religion is superior to others. D) the belief that one's own ethnic group is superior to others. Sometimes, migrant workers travel many thousands of miles. PIIE Charts (March 16). 2016. E) any market area for a retail business. C) Nationality. Due to modern means of communication and transportation, the world is unified. Westernization | Definition, Overview, & Facts | Britannica Advertisement Advertisement B) religions do not have any impact on the built landscape. E) Borderland region. They circulate in a social world that has multiple home bases, and they have gained access to a unique network of individuals and opportunities. The idea that an environment influences, but does not strictly determine, how a culture. Source:Gary Clyde Hufbauer and Zhiyao (Lucy) Lu,The Payoff to America from Globalization: A Fresh Look with a Focus on Costs to Workers. 2018. Globalization has resulted in fewer connections among countries. A) The Rocky Mountain Region. RealTime Economic Issues Watch (April 11). Which of the following cultural traits is important to Americans? Powerful PeppersFood has long been an important part of globalization. Step 1) Answer: The statement that best describe the trends in globalization of markets is option d. Unable to increase markets domestically, most of the companies look in expanding their markets in other places of the world. A) A race often has a single homeland, an ethnicity is usually scattered across the world. Global Trade in Services: Fear, Facts, and Offshoring. The audio, illustrations, photos, and videos are credited beneath the media asset, except for promotional images, which generally link to another page that contains the media credit. Trade and Investment Policy Watch (March 6). About 70 percent of the people in the world usecell phones. PDF Chapter 3 - Intercultural Communication integrated but dropped dramatically during the global financial crisis of 200809. A) the suburbs. Cambridge Journal of Economics Volume 28, Issue 2 (March): 22952. PIIE Policy Brief 17-23. Join our community of educators and receive the latest information on National Geographic's resources for you and your students. Let us know if you have suggestions to improve this article (requires login). Americans, Like Many in Other Advanced Economies, Not Convinced of Trades Benefits. E) all of the above, A patriarchal society is one that a. The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade [pdf]. William Henry Fox Talbot, Public Domain Which statement concerning the globalization of Western culture is true? C) the broadcast area of a radio station. Solved . Which of the following statements best describes - Chegg While most Americans only began paying attention to globalization with the North American Free Trade Agreement (NAFTA) debates in 1993. A) the rapid and widespread diffusion of a characteristic throughout the population. Which two cities in the United States often serve as hearths for popular culture? B) grooms gift. PIIE Charts (July 26). 2018. Trade in intermediate goods is now nearly twice as large as trade in final goods and is especially important in advanced manufacturing, like autos. D) Migrant diffusion. The lower-wage workers may have lacked the skills and mobility to transition to other lines of work, whereas higher-wage workers relocated to companies outside manufacturing. Cimino-Isaacs, Cathleen. C) they want to preserve their traditional cultures. E) All of the above. Kirkegaard, Jacob Funk. What Is Globalization? - PIIE 2018. US Air Force Misconceptions on the Campaign Trail: US Manufacturing. Divide the class into two groups: students who focused on pros and students who focused on cons. As Donald Trump prepares for his tenure in the White House, he talks of dismantling a whole history of globalized trade that he sees as having had a catastrophic effect on the global economy. Listening to the debates can be confusing. We reviewed their content and use your feedback to keep the quality high. C) The spread of cell phones from the upper class to the middle and lower classes.
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