PIIE Charts (March 16). Technology firms have taken special advantage of their innovations this way. This lists the logos of programs or partners of, Yale University: Yale Center for the Study of Globalization, Standard 3: Allocation of Goods and Services, choose and support one side of the debate, Tech Setup: 1 computer per learner, Speakers. 2003-2023 Chegg Inc. All rights reserved. E) None of the above, Examples of non-material aspects of culture include all of the following except An excerpt of the film is provided in this activity. Washington: Urban Institute. Students participate in a debate on the issue of human workers being replaced by robots and automation. E) All of the above. The second thing is that any form of globalization will generate winners and losers. 2 pts. The Great Tradeoff: Confronting Moral Conflicts in the Era of Globalization. Annual Review of Economics 8: 205240. 2016 were $26 trillion, equal to 140 percent of US GDP. Stokes, Bruce. 2020SAGE Publications SAGE Publications India Pvt. Written by Melina Kolb integrated but dropped dramatically during the global financial crisis of 200809. Lovely, Mary E., and Yang Liang. EconomyThe internationaleconomyhas also become more globalized in recentdecades. Washington: Peterson Institute for International Economics. The Peterson Institute for International Economics is an independent nonprofit, nonpartisan research organization dedicated to strengthening prosperity and human welfare in the global economy through expert analysis and practical policy solutions. US Tire Tariffs: Saving Few Jobs at High Cost. D. Globalization Increases interactions and interdependence between places., What type of precipitation is associated . The History of an Idea, Misconceptions on the Campaign Trail: US Manufacturing, The Post-American World Economy: Globalization in the Trump Era, Trade has been a global force for less poverty and higher incomes, Nearly All US Trade Deals Were Negotiated, Signed, and Implemented by Republicans, Senator Orrin Hatch Argues Against Auto Tariffs, Americans, Like Many in Other Advanced Economies, Not Convinced of Trades Benefits, Global Value Chains and Development: Investment and Value Added Trade in the Global Economy, Both countries lose economically when trade volumes decline, Costs rise, harming US competitiveness and making it harder for families to afford products, Disrupts global supply chains that domestic businesses, workers, and consumers rely on to hold costs and The globalization trend eventually waned and crashed in the catastrophe of World War I, followed by postwar protectionism, the Great Depression, and World War II. But trade negotiations can only go so far. C) restaurant chains. Which of the following areas would be considered a cultural transition zone? 2016. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Some GOP congressional members spoke out against Trump on certain trade issues (see example) or drafted bills to limit his authority on tariffs. Public Comment on Trump Administration Report on Significant Trade Deficits. Experts are tested by Chegg as specialists in their subject area. If no button appears, you cannot download or save the media. 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. D) Scandinavians in the upper Midwest. Miles offiber-opticcable now connect the continents, allowing people around the world to communicate instantly through the borderless World Wide Web.CommunicationModerncommunicationhas played a large role in cultural globalization. Washington: Peterson Institute for International Economics. E) folk cultures eat mostly foods that locally available. E) uniform landscapes. Which of the following statements best describes the primary effect of globalization? In large cities, people with the same culture often live in segregated areas called How to Fix Economic Inequality? D) Folk cultures have great reverence for their environment. C) do not earn the same pay as a man does. Another global subgroup comprises cosmopolitans who nurture an intellectual appreciation for local cultures. Chart data collected by Christopher G. Collins and Soyoung Han d. Globalization has led to increases in standards of living around the world, but not all of its effects are positive for everyone. Protectionism is the term for government restrictions on international trade aimed at blocking foreign products and driving companies and consumers to purchase domestically produced goods and services. By late 2019, tariffs had increased to around 20 percent and new duties covered over half of exports from each country. Sylvester Systems borrows $110,000 cash on May 15 by signing a 60-day. Trade, Innovation, and Economic Growth [pdf]. D) the belief that one's own ethnic group is superior to others. Pew Research Center (December 14). C) Ottawa, ON. B) subsequent occupance. D) religious beliefs are reflected in most aspects of culture. Which of the following is an example of relocation diffusion? Pushing aside legal roadblocks, workers have begun construction work on what is being called America's largest lithium mine, a project backed by the Biden administration but opposed by leftist . Factories in the county of Lancashire, England, created madras cloth. A widely cited study [pdf] shows that between 1991 and 2007, lower-wage manufacturing workers within industries that faced import competition experienced large and lasting earnings losses, while higher-wage workers in these industries did not. Some menu items, such as the Big Mac, are the same all over the world. Alice Manning, National Geographic Society A) cultural environment. The example of quinoa in this chapter was used to illustrate an aspect of the globalization paradox. They also say that outsourcing has causedwealthycountries to lose too many jobs. Folk culture is transmitted from one location to another primarily through The Post-American World Economy: Globalization in the Trump Era. Washington: Peterson Institute for International Economics. Misconceptions on the Campaign Trail: US Manufacturing. IGM Forum (March 12). 2018. C) culture hearth. Bergsten, C. Fred. 2015. Globalization is driven by international trade and aided by information technology. globalization is a term that is used to refer to the increased interdependence among nations. Globalization is the movement and integration of goods and people among different countries. In previous pieces, we looked at some winners and losers of economic globalization, the environmental aspect of globalization, cultural globalization and digital globalization. Other international issues includeterrorism,drug trafficking, andimmigration.The process of globalization is verycontroversial. Global Value Chains and Development: Investment and Value Added Trade in the Global Economy. A) favors females over males government. Sustainability Policy| Hufbauer, Gary Clyde, and Zhiyao (Lucy) Lu. C) Eastern Ontario-Western Quebec. Geneva: World Trade Organization. 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. The way globalization allowed this situation to spread led to the nation of Iceland nearly goingbankrupt, for example.PoliticsCultural and economic globalization have caused countries to become more connected politically. Revenga, Ana, and Anabel Gonzlez. E) marital gift. Schott, Jeffrey J., and Melina Kolb. Which statement best describes trends in globalization of markets? (October 27). Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. Thompson, Robert L. 2007. A farmer in Nigeria can easily talk to his cousin who moved to New York, New York. The idea that an environment influences, but does not strictly determine, how a culture. Adjustment and Income Distribution Impacts of the Trans-Pacific Partnership. A culture overcomes a threat to its own by strengthening its own cultural image. It gives rich countries access to lower cost resources and labor and poorer countries access to jobs and the investment funds they need for development. New York: Macmillan. B) they do not want to harm their environment. People and organizations invest in companies all over the globe. Visit piie.com to learn more. improve their competitiveness, Leads to higher tariffs on US exports, which would dampen sales and hurt US businesses and workers, Jeopardizes role of the United States as a world leader in international cooperation, making it more difficult to US Government Is Worst at Reducing Inequality of All High-Income OECD Countries. Hull, Cordell. Washington: Peterson Institute for International Economics. 2019. PIIE Charts (July 26). dominant culture so completely that the two cultures become indistinguishable. Which statement about race and ethnicity is true? Expanded trade spurs the spread of technology, innovation, and the communication of ideas. D) the internet. RealTime Economics (March 14). Hendrix, Cullen S. 2016. PBS News Hour (November 21). New York: United Nations. C) Syncretism. The agent selects a sample of 575757 one-bedroom apartments and collects and stores the data in Silver Spring Rentals. While every effort has been made to follow citation style rules, there may be some discrepancies. The Payoff to America from Globalization: A Fresh Look with a Focus on Costs to Workers. .ng-c-sponsor-logo { 2016. If time allows, have groups swap positions after the debate. D) influence of a culture decreases as one travels in and around. People can read information about foreign countries as easily as they read about their local news. 2017. Hundreds of people were arrested. E) all of the above. C) folk cultures have a homogeneous population. 2017. B) the spread of an underlying principle or idea. Washington: Peterson Institute for International Economics. A) Hawaii. Make sure students back up any statements with factual information from reliable resources. It's Fun to Discuss the USMCAthe New NAFTA. The real reason youre not getting a pay raise. 2 See answers Advertisement C) Ghana. When you reach out to him or her, you will need the page title, URL, and the date you accessed the resource. Divided We Stand: Why Inequality Keeps Rising. B) The South. Washington: Peterson Institute for International Economics. A) Folk cultures perceive the environment as a hostile place. Thefinancial crisisthat began in the United States in 2006 quickly spread around the world. 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. They also argue that free trade has lowered prices in wealthier countries and improved the economy of poorer countries. In an ideal world, displaced workers from trade competition could find new jobs, sometimes by moving or gaining new B) belief systems. Which of the following is an example of a formal cultural region? Increased Trade: A Key to Improving Productivity. Competition from abroad drives US firms to improve their products. C) cultural agglomerations. William Henry Fox Talbot, Public Domain D) Nation. to higher education and health care, but Americans remain conflicted about the governments role in these social D) South Florida. Many products and services have become affordable to the average American through the coordination of production across countries. Global Trade in Services: Fear, Facts, and Offshoring. Washington: Peterson Institute for International Economics. BETTER QUALITY AND VARIETY Tell students they can choose one aspect of globalization, such as economic costs and benefits, or they can look at the issue as a whole. Ortiz-Ospina, Esteban, Diana Beltekian. Tariffs are paid by domestic importers, not foreign governments or exporters. Relocation diffusion is Globalization results in the expansion of international cultural, economic, and political activities. In 2018, the Trump administration started imposing tariffs on China citing a variety of reasons, including helping American manufacturing, countering forced technology transfers, and reducing Chinas large bilateral trade surplus in goods. The Brexit agreement: An economic guide for the perplexed. Toward that goal, the agent would like to use the size of an apartment, as defined by square footage to predict the monthly rental cost. Which statement BEST summarizes the point made by that example? SCALED UP BUSINESSES Terms of Service Copyright Notice Privacy PolicyPrivacy Policy. C) influence of a culture stays the same the further one travels from the core. But a 2016 Bloomberg poll asked, Do you think US trade policy should have more restrictions on imported foreign goods to protect American jobs, or have fewer restrictions to enable American consumers to have the most choices and the lowest prices?" Washington. They will best know the preferred format. The Institute discloses all sources of funding, which comes through donations and grants from corporations, individuals, private foundations, and public institutions, as well as income on the Institutes capital fund and from publishing revenues. Dueto globalization and other factors, it isimpossible for large industrialized nations toexit the global economy without devastating effects. For instance, Chinas government unfairly demands that US intellectual property be handed over in certain cases as the price of doing business there. And How Has the Global Economy Shaped the United States? Which of the following concepts is part of the mindfulness dimension of intercultural communication competence? A) Italians in southern New England. Which of the following concepts best describes a product which carry cultural values, and many products that are seen to represent a culture? Not surprisingly, polls vary widely depending on how and when the question is posed. The best example of cultural integration (where all elements of society are interwoven, The idea that cultures will modify the natural landscape to fit their needs is known as. 2005. Have students decide what they think about globalization. American soap operas are popular in Israel.India, for instance, has a thriving film industry, nicknamed Bollywood. Bollywood movies are popular both in India and with the huge population of Indians living abroad. Employment Projections. Ensure that every country provides its citizens fair political representation. Advertisement Advertisement C.Globalization has resulted in fewer connections among countries. Has Global Trade Fueled US Wage Inequality? Globalization has resulted in fewer connections among countries. Go to the PBS website to find out where you can get the full DVD. Lu, Zhiyao (Lucy), and Gary Clyde Hufbauer. a. B) Hollywood movies. The process of immigrating to the United States can be complicated and is often driven by a few key principles including uniting families, boosting the economy with skilled professionals, promoting diversity, and helping refugees. A) relocation diffusion. Privacy Notice| called a Globalization is the movement and integration of goods and people among different countries. 236. Blinder, Alan. Have students debate globalization. Trade and Investment Policy Watch (June 14). A) African-Americans. A. A) Southwest USA-Northern Mexico. Washington: Peterson Institute for International Economics. This is the process by which a less dominant culture adopts the traits of a more They write new content and verify and edit content received from contributors. Foreign Affairs (March/April). As pointed out by Swedish anthropologist Ulf Hannerz, this group advocates a view of global culture based not on the replication of uniformity but on the organization of diversity. Often promoting this view are nongovernmental organizations (NGOs) that lead efforts to preserve cultural traditions in the developing world. PIIE Policy Brief 18-5. But within many countries, including the United States, inequality is rising. There are ongoing efforts started in December 2017 by the European Union, United States, and Japan to negotiate new rules that would potentially be embedded within the WTO. B) Traditional housing. Petri, Peter A., Michael G. Plummer, Shujiro Urata, and Fan Zhai. B) the circulation of a daily newspaper. Travelers are exposed to new ideas about food, which may change what they buy at the store at home. This feature was first published on October 29, 2018 and last updated on August 24, 2021. B) influence of a culture decreases the further one travels from the core. Others point out that people tend to adopt some aspects of other cultures without giving up their own. B) the spread of an underlying principle or idea. For more information, see Increased Trade: A Key to Improving Productivity. Editor of. Kim Hulse, National Geographic Society C) the spread of an idea from persons of power to other persons. All of the choices. Distribute the worksheet and have students research globalization. E) Vancouver, BC. A) Montreal, QC. Globalization is driven by international trade and aided by information technology. D) Ethnicities are based on physical characteristics, race is based on culture. Students investigate conflicts over the use of wind energy in Nantucket Sound, take on the role of a stakeholder in the debate, and hold a town council meeting to decide whether or not a wind energy project should be implemented. 3. Laws protecting the environment and workers safety are less widespread in developing countries, which also lowers costs for the corporation. WTO'ing a Resolution to the China Subsidy Problem. Globalization reduces unique features of local culture and contributes to global cultural homogenization B. C) the isolation of a culture from the rest of the world. Globalization has brought changes to Gogol's family that they are learning to like . His administration negotiated the US-Mexico-Canada Agreement (USMCA) to replace NAFTA; the agreement entered into force in 2020. Solving these types of issues, which will inevitably arise and change over time, is best done through negotiation and coordination with trading partnersapplying due processin order to prevent costly trade wars, where more and more barriers end up hurting all sides. C) Midwest. E) none of the above. A pop quiz consists of three truefalse questions and three multiple choice questions. Americans, Like Many in Other Advanced Economies, Not Convinced of Trades Benefits. With anyone in the world now a text, click, call, or plane flight away, 95 percent of potential customers for goods and services are outside the United States, ready to buy goods and services from other countries if US producers are barred from their markets. A) Cultural assimilation. In 2009, representatives from 170 countries gathered at a conference in Copenhagen, Denmark, to discuss climate change. Washington: Peterson Institute for International Economics. B) a cultural homeland. Globalization is influenced particularly through traditional political institutions, such as nation-states. Engaging in a trade war, with escalating tit-for-tat tariffs, Violating WTO rules or circumventing established processes, Imposing tariffs to save US manufacturing jobs at specific companies, Restricting imports from specific countries to try to reduce bilateral trade deficits, The Payoff to America from Globalization: A Fresh Look with a Focus on Costs to Workers, The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade [pdf], Number of U.S. workers employed by foreign-owned companies is on the rise. Washington: Peterson Institute for International Economics. height: 60px; Why do many recent college graduates prefer to move into city neighborhoods Westernization, the adoption of the practices and culture of western Europe by societies and countries in other parts of the world, whether through compulsion or influence. Trade and Investment Policy Watch (September 5). Trade and Globalization. Globalization moves jobs and capital to places that need these resources. 2018. Ironically, modern technology is often used to preserve and spread traditional beliefs and customs.Opponents to globalization blame free trade for unfair working conditions. A) The spread of English language to British colonies. PIIE Policy Brief 17-16. E) none of the above. trade or other bigger factors. They are generally held by or owed to firms, banks and other financial institutions, or governments. Understanding the relative costs and benefits can pave the way for alleviating problems while sustaining the wider payoffs. For example, many software engineers and Internet entrepreneurs who live and work in Silicon Valley, California, maintain homes inand strong social ties toIndian states such as Maharashtra and Punjab. Globalization puts pressure on nations to reduce tariffs, subsidies and other barriers to free trade. This meeting was protested by thousands of people opposed to globalization. National Geographic Society is a 501 (c)(3) organization. E) a culture realm. A culture learns or adopts a new idea or practice from another culture or cultures. And Beijing routinely subsidizes its industries. If American producers want to reach those consumers, the United States must let producers from overseas reach American consumers, as they have over the years for cars, appliances, smartphones, and other products Americans want. Washington: Peterson Institute for International Economics. B) New and Miami. PIIE Charts (August 16). View the full answer. A) The suburbs are too bland and boring. Globalizationis the connection of different parts of the world. Explain to students that globalization, in its simplest form, means a more connected world. Globalization encourages each country to specialize in what it produces best using the least amount of resources, known as comparative advantage. A) Culture is the traditions and beliefs of a group of people. 2. Join our community of educators and receive the latest information on National Geographic's resources for you and your students. Our editors will review what youve submitted and determine whether to revise the article. A) New York and Chicago. D) New England. Geography, Human Geography, Social Studies, Economics, This lists the logos of programs or partners of NG Education which have provided or contributed the content on this page. The globalization of Christianity spread from Europe toLatin Americathrough Christian missionaries working with the local populations.Globalization wasaccelerated in the nineteenth century with theIndustrial Revolution, as mechanicalmills and factories became more common. Following centuries of European colonization and trade activity, that first wave of globalization was propelled by steamships, railroads, the telegraph, and other breakthroughs, and also by increasing economic cooperation among countries. This chart shows how FDI has grown steadily while the growth of portfolio holdings (foreign equity or foreign debt) and other assets (which are from both cultures. tax credits, better unemployment benefits, and subsidies for health insurance for all displaced workers regardless US administrations have taken different approaches to deal with these concerns. C) has equality between males and females Disputes continue on the trade of certain goodswhether items are flooding other markets too much, how industries are being subsidized, lingering protections on specific goods or economic sectors, etc. Washington: Peterson Institute for International Economics. D) an area around the boundary between two culture regions that exhibits traits Globalization helps create new forms of transportation, communication, and technology.. SOLUTION:- 1:- The correct option is :B Explanation: Global . Please refer to the appropriate style manual or other sources if you have any questions. Furman, Jason. 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. 1948. rather than to suburban developments? Which of the following aspects is associated with empathy? Freund, Caroline. How do folk cultures perceive their environment? Have students use the provided websites to conduct their own research and to learn more about the issues in the debate over globalization. Washington: Peterson Institute for International Economics. Consumers have better products and more choices as a result. E) All of the above. Trade and Investment Policy Watch (November 7). Promotes free trade. These resources will help to teach middle school students more about the global economy and the central role trade plays. Eventually, madras cloth was no longer manufactured in Madras at allthe Indianlabor forcesupplied the raw material, cotton. The incident is sometimes called "the Battle in Seattle.". largely composed of bank loans) has been more volatile. Lawrence, Robert Z. C) Syncretism. RealTime Economics (July 19). Globalization is the connection of different parts of the world. Named after the Swiss town that began hosting annual meetings of the World Economic Forum in 1971, these Davos insiders share common beliefs about individualism, democracy, and market economics. For information on user permissions, please read our Terms of Service. Which is an example of a folk cultural landscape in the United States? British manufacturers could then sell theirfinished goods, such as clothing and blankets, to buyers all over the worldthe United States, Brazil, Australia, even India.Globalization sped up dramatically in the twentieth century with theproliferationof air travel, the expansion offree trade, and the dawn of theInformation Age. Initiative on Global Markets. 2012. 2016. PIIE Policy Brief 16-5. Trade and Investment Policy Watch (May 8). Which of the following is an example of hierarchical diffusion? Accessed on October 4, 2018. These include FDI, securities (which are bought and sold), and debts. Which of the following describes globalization of.