Privacy Notice| Globalization is the movement and integration of goods and people among different countries. Tariffs are paid by domestic importers, not foreign governments or exporters. Employment in service industries has grown from about half to 84 percent of all Which of the following describes globalization of pop culture? National Geographic Society is a 501 (c)(3) organization. A) the suburbs. 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? Concerns were show over the perceived impact of beliefs, values, and social practices coming from foreign cultural products. Princeton, NJ: Princeton University Press. B) the belief that Westerners are superior to African and Asian cultures. Washington: Peterson Institute for International Economics. Globalization is influenced particularly through traditional political institutions, such as nation-states. C) The spread of cell phones from the upper class to the middle and lower classes. Some menu items, such as the Big Mac, are the same all over the world. E) Cultural assimilation. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life. Group of answer choices. Gallup (April 1). Today, HSBC has its headquarters in London, England.Economic globalization has allowed many corporations based in the West to move factories and jobs to less economically developed countries, a process calledoutsourcing. They fear that everyone will end up eating hamburgers and watching Hollywood movies. C) culture hearth. government. Ltd. Indian-born anthropologist Arjun Appadurai has studied English-speaking professionals who trace their origins to South Asia but who live and work elsewhere. The idea was to create a better world with countries seeking to cooperate with one another to promote prosperity and peace. Which statement best describes trends in globalization of markets? Today, foods in Korea and many parts of China are often spicy. Trade and Investment Policy Watch (September 5). 2016. Trade in intermediate goods is now nearly twice as large as trade in final goods and is especially important in advanced manufacturing, like autos. Written by Melina Kolb Beijing retaliated with its own tariffs on US goods, escalating into a trade war. C) Snowboarding. B) migrants. US Census E) all of the above. }. 30 seconds. Cambridge Journal of Economics Volume 28, Issue 2 (March): 22952. because consumers are spending a smaller percent of their incomes on manufactured goods and more on services, which include housing, health care, dining out, travel, and legal services. A Prescription to Relieve Worker Anxiety. Supporters of globalization say that factory workers in poor countries are making much better wages than they would at other jobs available to them. Cultural globalization is the spread of the culture, customs, or ideas of a place or a people to the rest of the world. What is the term for a group of people who identify with their cultural and Have students use the provided websites to conduct their own research and to learn more about the issues in the debate over globalization. When you reach out to them, you will need the page title, URL, and the date you accessed the resource. D) Kenya. The concept of empathy is associated with many important aspects of in intercultural communication behabiour. B) Acculturation. Meanwhile, American fast food chains have become common throughout the world.McDonald'shas more than 37,000 restaurants in over 100 countries. 2016 were $26 trillion, equal to 140 percent of US GDP. 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. Globalization - a phenomenon that has defined the world's economy in recent decades - is under pressure. Globalization increases global wealth and improves economic development. 2017. This resulted in 65 percent of respondents wanting more restrictions, the opposite of the sentiment expressed in the Pew poll. Graphics by William Melancon Introduce globalization. Geography, Human Geography, Social Studies, World History. Separate from trade in goods and services, global financial integration is a much-debated but important topic. 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. C) folk cultures have a homogeneous population. They write new content and verify and edit content received from contributors. To prevent further escalation, China committed to a phase one deal to expand purchases from the United States in 2020 and 2021, but it is unlikely China will meet its targets, and the deal does not address many concerns, including Chinas industrial subsidies. Globalization is the word used to describe the growing interdependence of the world's economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.Countries have built economic partnerships to facilitate these movements over many centuries. They are exposed to ideas about goods and services, which may increase demand for a specific product that may not be available at home. 2015. Since ancient times, humans have sought distant places to settle, produce, and exchange goods enabled by improvements in technology and transportation. Which of the following statements best describes cultural hybridization? E) Transculturation. 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. B) Some ethnicities are comprised of people from several different races. Program. a. Chapter 2 [pdf] of The United States and the World Economy: Foreign Economic Policy for the NextDecade. Many companies usedraw materials from distant lands. Trade and 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. C) has equality between males and females Many buildings were damaged. b. D) foods. Which example is not an ethnic region of North America? Text on this page is printable and can be used according to our Terms of Service. Demand will likely increase for more highly-skilled manufacturing workers, in areas such as engineering, management, finance, computer and mathematical occupations, and sales. Students participate in a debate on the issue of human workers being replaced by robots and automation. D) Ethnicities are based on physical characteristics, race is based on culture. Statement before the US Senate Committee on Finance hearing "Current and Proposed Tariff Actions Administered by the Department of Commerce," June 20, 2018. B) Pueblo communities in New Mexico 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. E) ethnic agglomeration. The surplus in services suggests the competitive strength of US services in the global market. Dueto globalization and other factors, it isimpossible for large industrialized nations toexit the global economy without devastating effects. US Army Jensen, J. Bradford. 7. Globalization has led to both a growing interconnectedness and a rise in xenophobia. Trade agreements should account for the modern digital age. Irwin, Douglas A. Millions of people take vacations to foreign countries. New York: Macmillan. Which of the following contexts best describes such concerns? Hierarchical diffusion is Which of the following statements best describes laggards, according to the diffusion of innovations theory? B) the spread of an underlying principle or idea. What is globalization? People in England eat Indiancurry, while people in Peru enjoy Japanesesushi. B) New and Miami. B) The spread of laptop computers from the upper class to the middle class. Washington: Peterson Institute for International Economics. This availability of resources is facilitated through trade. Which is an example of a folk cultural landscape in the United States? Berger cited the antismoking movement as a case in point: the movement began as a singular North American preoccupation in the 1970s and subsequently spread to other parts of the world, traveling along the contours of academes global network. A) interstate highways. While every effort has been made to follow citation style rules, there may be some discrepancies. A) The spread of English language to British colonies. B) an area of great cultural diversity. PIIE Policy Brief 18-12. C) war and occupation. 2018. B. Cultural diffusion is Senate of Berlin Exports are goods and services that are sold to individuals or companies outside of their country of origin. Recent US Manufacturing Employment: The Exception that Proves the Rule. What process contributes to the existence and growth of ethnic enclaves in urban Countries exposed to globalization have alleviated inequality to different degrees through tax and welfare systems. Which statement best defines the term globalization? - BRAINLY E) All of the above. B) Traditional housing. Globalization reduces unique features of local culture and contributes to global cultural homogenization B. Most of these internationaltourists are from developed countries. Powerful PeppersFood has long been an important part of globalization. B) Ethnicity. Keynes, Soumaya, and Chad P. Bown. Studies show that globalization has also diminished US worker bargaining leverage to demand higher wages. Section 301: US investigates allegations of forced technology transfers to China. A) art. E) none of the above. Washington, DC 20036, Careers| Trade and Investment Policy Watch (May 17). 2017. A) Traditional music. B) Winnipeg, MB. A trade deficit occurs when spending on imports exceeds what is earned from selling exports. B) the South and northern US Cities. Special thanks to C. Fred Bergsten, Chad P. Bown, Cullen S. Hendrix, Gonzalo Huertas, Gary Clyde Hufbauer, Douglas A. Irwin, Fredrick Toohey, Jeffrey J. Schott, and Eitan Urkowitz for their contributions. B) the circulation of a daily newspaper. Stokes, Bruce. Another group stems from the rise of a transnational workforce. E) marital gift. Many countries have large international financial flows or investments, consisting of assets and liabilities. D) religious beliefs are reflected in most aspects of culture. You cannot download interactives. For most U.S. workers, real wages have barely budged in decades. A) quickly changing attributes. Globalization results in the expansion of international cultural, economic, and political activities. Why do many recent college graduates prefer to move into city neighborhoods Washington: Peterson Institute for International Economics. PDF II. GLOBALIZATION AND ITS IMPACT - International Labour Organization nonfarm, nongovernment employment. E) All of the above. Some saw it as "threatening traditional institutions such as the family and the school", or threatening the way of life of whole communities. C) they want to preserve their traditional cultures. B) the spread of an underlying principle or idea. c. What is the probability that a bat does not consume any mosquitoes in a 30 -second interval? 2021. C) American TV shows. Divided We Stand: Why Inequality Keeps Rising. A) the rapid and widespread diffusion of a characteristic throughout the population. More open trade could add another $540 billion to the US economy by 2025, equivalent to $1,600 a year in income per person. 9. D) Cultural traits are a reflection of a groups values. Duringtimes of peace, it is beneficial in a global economy,to see othernationssucceed. Globalization is an elimination of barriers to trade, communication, and cultural exchange. Some observers argue that a rudimentary version of world culture is taking shape among certain individuals who share similar values, aspirations, or lifestyles. Sustainability Policy| People and organizations invest in companies all over the globe. Hufbauer, Gary Clyde. All the Above : Threats to Folk Culture By Katie Hurst and Eva Winsheimer Loss of Traditional Values Media is a Threat to Traditional Values Pop Culture is the type of culture is in large heterogeneous societies that share certain habits despite diff. Globalization offers greater equality for developing countries but has also diminished cultural diversity. PIIE Working Paper 19-17. The United States had an overall trade deficit of $447 billion in 2017, according to the US International Trade Commission, as a result of Americans spending more than they earn and financing the difference with foreign credit. Cultural globalization - Wikipedia historically high levels, but fewer people are needed to achieve this success. * (2 Points) causes threats to folk culture causes environmental impacts creates uniform landscapes all of the above. Pew Research Center (September 26). E) All of the above. Misconceptions on the Campaign Trail: US Manufacturing. 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. E) all of the above. While most Americans only began paying attention to globalization with the North American Free Trade Agreement (NAFTA) debates in 1993. While not as wealthy or privileged as their Davos counterparts, members of this international faculty club wield tremendous influence through their association with educational institutions worldwide and have been instrumental in promoting feminism, environmentalism, and human rights as global issues. Nye Jr., Joseph S. 2017. Bergsten, C. Fred. A Survey of Experts, Section 301: US investigates allegations of forced technology transfers to China, Will the Liberal Order Survive? The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade [pdf]. 2017. A culture learns or adopts a new idea or practice from another culture or cultures. 2001. IGM Forum (March 12). Larger markets enable companies to reach more customers and get a higher return on the fixed costs of doing business, like building factories or conducting research. The Rights Holder for media is the person or group credited. Today, Americans rely on the global economy for many of the things they buy and sell, and to expand their businesses and make investments. 2017. US Bureau of Labor Statistics. to another. 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. Immigration is the process of moving to a new country or region with the intention of staying and living there. to higher education and health care, but Americans remain conflicted about the governments role in these social African-Americans predominately live in Steel and Aluminum Tariffs. E) none of the above. 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. Foreign Affairs (March/April). Globalization is the movement and integration of goods and people among different countries. Our editors will review what youve submitted and determine whether to revise the article. In this way, globalization influences trade, taste, and culture.Popular CulturePopular culture has also become more globalized. All the Above : Threats to Folk Culture By Katie Hurst and Eva Winsheimer Loss of Traditional Values Media is a Threat to Traditional Values Pop Culture is the type of culture is in large heterogeneous societies that share certain habits despite diff Bergsten, C. Fred. Alice Manning, National Geographic Society 2018. A) the rapid and widespread diffusion of a characteristic throughout the population. Cultural Globalization (Examples, Pros, Cons) - AP Human Geo B) belief systems. North American Free Trade Agreement (NAFTA), Yale University: Yale Center for the Study of Globalization. A) sequent occupance. Washington: Peterson Institute for International Economics. China bought none of the extra $200 billion of US exports in Trump's trade deal. Have students write a bulleted list of information that supports the views they selected. 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. from both cultures. C) an area where one cultural boundary abruptly ends and another begins. 2005. A culture keeps its own cultural ideas from other cultures. Globalization is driven by international trade and aided by information technology. Globalization is growing less important as time passes. Such policies could reduce worker anxiety about job turnover across the board, whether it be from Revenga, Ana, and Anabel Gonzlez. DECLINE IN INEQUALITY GLOBALLY, BUT WIDER WITHIN UNITED STATES PIIE Charts (August 16). Speech given at the Brookings Institution, April 8. Globalization as a new phase has been exaggerated because most economic and social activity is regional, rather than . A. C) the spread of an idea from persons of power to other persons. C) each major world religion can be directly linked to a cultural homeland. A) are selected for the recyclable properties. Ivory Tower Economists, Free Trade, and Workplace Woes. Washington: Peterson Institute for International Economics. 2013. Peddling Protectionism. The wide-ranging effects of globalization are complex and politically charged. Globalizationis the connection of different parts of the world. How Offshoring and Global Supply Chains Enhance the US Economy. Folk culture is transmitted from one location to another primarily through Relocation diffusion is What Is Globalization? - PIIE E) None of the above. Furman, Jason. RealTime Economics (July 19). Trade Balances and the NAFTA Renegotiation. 2016. A) African-Americans. The trade war with China illustrates how globalization has become so widely entrenched in the US and world economies that undoing its complicated web of activities risks other damaging consequences. East Asia Forum (October 3). This feature was first published on October 29, 2018 and last updated on August 24, 2021. Wages are stagnant, as health care and higher education costs rise. D) the spread of an idea or trait through the physical movement of people from one place C. Globalization improves cultural awareness by enabling the exchange of ideas and information. What Is Globalization? Globalization Explained - SearchCIO D) folk cultures must use local materials when building. In other words, the con of cultural globalization is that there may develop one world culture (an Americanized world) rather than cultural diversity. If you have questions about licensing content on this page, please contact ngimagecollection@natgeo.com for more information and to obtain a license. BETTER QUALITY AND VARIETY d. PBS News Hour (November 21). Washington: Peterson Institute for International Economics. C) do not earn the same pay as a man does. By late 2019, tariffs had increased to around 20 percent and new duties covered over half of exports from each country. A) the rapid and widespread diffusion of a characteristic throughout the population. 1997. Find step-by-step World history solutions and your answer to the following textbook question: Which statement best describes how globalization is affecting the world? The global economy allows us to eat the foods we want all year round andbuyclothing and gadgets at lower prices. Trade and Investment Policy Watch (January 18). Washington: Peterson Institute for International Economics. Solved . Which of the following statements best describes - Chegg Visit piie.com to learn more. B) Some ethnicities are comprised of people from several different races. D) Asian-Americans. Bialik, Kristen. The globalization of Greek culture came with the conquerorAlexander the Great. Countries frequently cooperate to enact trade agreements. 2017. Will the Liberal Order Survive? Multiple-choice. Which of the following is an example of hierarchical diffusion? E) none of the above. C) Traditional medicines. Countries gather at the 1944 Bretton Woods conference. B) are often imported from distant countries. Public Comment on Trump Administration Report on Significant Trade Deficits. A) New York and Chicago. Washington: Peterson Institute for International Economics. Washington: Peterson Institute for International Economics. Working Paper 17-12. 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. E) All of the above. The greatest areas of job growth now in the United States are in professional and business services, health care and social assistance, and educational services. Globalization promotes interconnection among diverse national economies. 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. Bown, Chad P. 2022. D) urban areas in California. Text on this page is printable and can be used according to our Terms of Service. Another global subgroup comprises cosmopolitans who nurture an intellectual appreciation for local cultures. A) American news organizations, such as CNN. Which of the following statements best describes the primary effect of globalization? You'll get a detailed solution from a subject matter expert that helps you learn core concepts. Washington: Peterson Institute for International Economics. The Role of Trade in Ending Poverty. D) a lack of exposure to popular culture. Currently, there is government support through a program called Trade Adjustment 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. Note: Trade expansion refers to the effects caused by additional manufactured imports and exports. Calculate the average number of mosquitoes that a bat consumes in a 30 -second interval. B) influence of a culture decreases the further one travels from the core. E) All of the above. Reserves are international assets held by the US 2. Sometimes, migrant workers travel many thousands of miles. Reuters/Daniel Acker, Russell Boyce, Marcos Brindicci, Larry Chan, Kevork Djansezian, Regis Duvignau, Gary Hershorn, Leah Millis, Charles Platiau, John Sommers II, and Piroschka van de Wouw C) urban population. Have students write about globalization. Culture is spread by Globalization is driven by international trade and aided by information technology. They also say that outsourcing has causedwealthycountries to lose too many jobs. Americansoftwarecompanies, such as Microsoft, rely on international trade to make largeprofits. There are abuses within the system and rules need to be updated. A) the area served by a Walmart. 2019. D) Poland. PIIE Briefing 18-1. C) practices. How do Americans feel about globalization? The Truth about Trade Agreementsand Why We Need Them, US-China Trade War Tariffs: An Up-to-Date Chart, US-China phase one tracker: Chinas purchases of US goods, China bought none of the extra $200 billion of US exports in Trump's trade deal, Trumps Trade War Timeline: An Up-to-Date Guide, Preserving Manufacturing Jobs One Company at a Time, For most U.S. workers, real wages have barely budged in decades, Public Comment on Trump Administration Report on Significant Trade Deficits, Trade, Innovation, and Economic Growth [pdf], The real reason youre not getting a pay raise, Global inequality and international trade, US Trade Agenda Requires Greater Focus on Social Concerns, Ivory Tower Economists, Free Trade, and Workplace Woes, Buy American Is Bad for Taxpayers and Worse for Exports, Navarro Asks Congress to Give Trump Absolute Authority over the US Tariff Schedule, It's Fun to Discuss the USMCAthe New NAFTA, US Government Is Worst at Reducing Inequality of All High-Income OECD Countries, The Brexit agreement: An economic guide for the perplexed, Has Global Trade Fueled US Wage Inequality?
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