Quiz 1

1. Globalization means the emergence of countries and societies across the world. - FALSE
2. Financial globalization refers to giving money to help poor countries or third-
world countries. – FALSE

3. The aftermath of political globalization led to the emergence of the civil society. -
TRUE

4. According to experts, globalism is the operation on planning of economic and

foreign policies on a global basis. -TRUE

5. In the 18th century, industrialization took place. - FALSE

6. Globalization gave the world technological progress that allowed countries to

experience a faster exchange between goods, products and information. - TRUE

7. Globalization is just a concept or phenomenon with a very short history. - FALSE

8. Neo-liberalism completely eradicates itself to selfish and individual interests. -

TRUE
9. Globalization restricts free markets, norms, and neo-liberal meanings – FALSE

10. Ideology was first coined by Antoine Destutt De Tracy in the late 19th century. –
FALSE

IDENTIFICATION

11. It refers to the age of information. – DIGITAL BASED GLOBALIZATON

12. It is a type of economic globalization and measure of economic integration. –
TRADE BASED GLOBALIZATION

13. It promotes innovation, assisting their chosen partner to have better production.
– FOREIGN DIRECT INVESTMENT

14. The process of merging between two or more corporations to avoid competition.
– MULTI-NATIONAL CORPORATION
15. This is where a specific product is manufactured, formed, and controlled. –

PRODUCER-DRIVEN COMMODITY
16. What does the acronym GOCC mean? – GOVERNMENT-OWNED AND

CONTROLLED CORPORATION
17. It is a regulating body that liberates international trade. – WORLD TRADE

ORGANIZATION
18. The phase of globalization that took place in the Second World War (WWII) in

1945. – THIRD PHASE OF GLOBALIZATION

19. The period from the late 1940s to the early 1970s. – GOLDEN AGE OF

CAPITALISM
20. The year when the Golden Age of Capitalism owned abruptly. – 1970s

21. Reflects the concept of globalization with neo-liberal values and meanings. –
MARKET GLOBALISM

22. Refers to the process of economic changes based on the use of force through
economic sanctions. – IMPERIAL GLOBALISM

23. It is a self regulating business model that helps communities be socially

responsible. – CORPORATE SOCIAL RESPONSIBILITY

24. Who said that today's economic system suggests that both the cultural and

political arenas are becoming more activated and energized. – MALCOLM

WALTERS

25. What claim is considered as an anchor in the neo-liberal ideal of the self

regulating market as a normative basis for a future global order? –

GLOBALIZATION IS ABOUT LIBERALIZATION

26. Who identified the historical elements and functions of ideology. – PAUL
RICOUER

27. The production of contorted images of social reality. – THE REALITY

DISTORTION
28. It provides society with stability and solidarity. – SOCIAL INTERGRATION

29. Is a system of patterned beliefs that are accepted as truth by parts of the society.
– IDEOLOGY AND GLOBAL INTEGRATION OF MARKET

30. It is made possible so that the world could get closer together. –
GLOBALIZATION

31. He described the interconnectedness of the world in terms of transportation and

communication. - JOSEPH NYE

32. A type of globalization that is the process driven by industrialization and aided by
informational technology. - INFORMATIONAL GLOBALIZATION

33. It is a process of exchanging ways of life to intensify social relations. – CULTURAL

GLOBALIZATION

34. This phase favored more the exchange of knowledge rather than the exchange of
goods. – THE FIRST PHASE OF GLOBALIZATION

35. This gave the world an opportunity to a prominent technological progress that
allowed countries to experience a faster exchange between goods, products and

information. – INDUSTRIALIZATION
36. What are the three advancing technologies of the second half of the 19th

century? – TRAIN, STEAMSHIPS AND TELEGRAPHS

37. Give at least two events that are generally linked to the 18th and 19th century? –

SCIENTIFIC PROGRESS AND DEMOCRACY

38. What were the two significant events mentioned in the brief history of

globalization aside from the colonization of Spaniards and the discovery of

America? – GREGOIRAN CALENDAR AND HELIOCENTRIC VIEW OF THE

SOLAR SYSTEM
39. Major success stemmed from three major principles. – STANDARDIZATION OF

PRODUCTS, THE EMPLOYMENT OF ASSEMBLY LINES, WORKERS ARE PAID A

HIGHER
40. State the five different perspectives of globalization with their pros and cons in

your own words. STRICTLY one sentence maximum per perspective only. –
TRADE ARE MADE FOR BOTH COUNTRIES AND BENEFITS OF THE FOREGIN

CORPORATION. CULTURE ALLOWS DIFFERENT INDIGENOUS PEOPLE.

Quiz 2

1. Stated that media helped bring about a fundamentally rising global imaginary. –
Manfred Steger
2. Silent motion pictures were first used in the early. – 1870s
3. Before the printing press, scrolls were painstakingly __________ and the accuracy was
doubtful. – Handwritten
4. The _____ script was first created in Mesopotamia – Cuneiform
5. The _____ made the economic globalization possible by building the foundation of
global of the world’s market economy. – Media
6. The village of ____ in Thailand created their own currency. – Santi Tuk
7. According to _____, we are now an object of new globalization. – Shaw
8. According to _____, state-nations is on its last leg. – Arjun Appuadural
9. _____ globalization is a historical process, the result of innovation and technological
process. – Economic
10. The regions of _____ and ____ provided opportunities for the developed countries to
further their improvement with their economy. – Asia and South Africa
11. According to Alfred Steger, globalization is one of the foremost concept in the late 20s. –
FALSE
12. The infamous phrase “no man is an island” can only be applied to people. – FALSE
13. The idea of creating European Union was finalized before World War II – FALSE
14. According to Szentes, “in economic terms, globalization is nothing but a process of
making the world economy an organic system”. – TRUE
15. The state finds themselves in a subordinate position in the current world order. – TRUE
16. According to World Bank, the economic globalization is a historical process, the result of
human innovation and technological process. – FALSE
17. Administrators have speculated the diminishing role of states as a vehicle thriving which
political communities organize themselves in the era to come. – FALSE
18. Transnational activism is being held as a possibility for maintaining status quo. – FALSE
19. The full use of the gold standard prevailed until 1915. – FALSE
20. Ohmae implied that states ceased to exist as primary economic organization units in the
wake of global markets. - FALSE
21. The global south originated as the product of Eurocentrism. – FALSE
22. According to McChesny, media oligopoly is interested in the ideology of a global village
or the evangelizing of culture, but profit. – FALSE
23. In the European Monetary System, member countries collectively managed their
exchange rates. – TRUE
24. The US strongly objected the ASEAN and Japan saw the exclusion of the United States as
threat to their partnership so they immediately vetoed the idea. – TRUE
25. In 1974, cellphones were invented. – FALSE
26. It is the system by which countries and nations across the globe use to depend upon
each other’s strengths. – Economic Interdependence
27. The body of legal rules, norms and standards that is applied between sovereign states
and other countries that are legally recognized as international actors. – International
Law
28. What name did President Franklin Roosevelt coined during the Second World War? –
United Nations
29. It is already becoming a fast and trending phenomenon to solicit support for their
ideologies across borders. – Transnational Activism
30. He essentially claims that the states have lost an important element of economic
sovereignty and the neo-liberalism is beyond contestation. – Thomas Friedman
31. It is the mobilization or collective claims by actors located in more than one country. –
Transnational Activism
32. It refers to the increasing integration of economies around the world. – Economic
Globalization
33. He advocated the theory of social movement and development. – Manuel Castells
34. They suggested that globalization processes has been ongoing since the age of Homo
Sapiens. – Gills and Thompson
35. This institution claims that globalization can reduce poverty but in the contrary does not
benefit all nations. – World Bank
36. They located the origin of globalization in the distant past. – Frank and Gills
37. According to him, capitalism is a historical social system. – Wallerstain
38. This was first put into operation in the United Kingdom in 1821. – Gold Standard
39. This system provisions called for the United States to be pegged to the value of gold. –
Bretton Wood System
40. It was introduced with the motto of establishing a zone of monetary stability in Europe.
– European Monetary System
41. The treaty that lowered and eliminated duties levied on goods traded between Britain
and France. – Cobden-Chevalier Treaty
42. Who was the president who announced that the US would end on demand of the dollar
into gold for the central banks of other nations? – President Nixon
43. Is a legal agreement between many countries whose overall purpose was to promote
international trade by reducing or eliminating barriers such as tariff and trade barriers. –
General Agreement on Tariffs and Trade
44. It originated as the product of Western imagination. – Global South
45. The dominant theory revolved by the Americans in the 1950s. - The Modernization
Theory
46. This system refers to the operating system of financial environment which consists of
financial institutions, multi-national corporations and investors. – International
Monetary System
47. A point of view that pushed globalization in Asia Pacific and South Asia. – Externalist
View of Globalization
48. The US implemented a foreign shift policy called _____? – Pacific Pivot
49. It makes it difficult for local companies to flourish due to foreign companies that are in
the area of competition. - Economic Underdevelopment
50. It is a means of pervasive penetration of the regional economies, politics and cultures. –
Semi Colonization
51. Two main factors of globalization of economic relations. – Finance and Trade
52. Two important organizations created by the Bretton Wood System. – International
Monetary Fund and World Bank
53. There are four different reactions in the present day of global south responding to
colonialism and visions of modernity. Give atleast two reactions. – Hoi Chi Minh, The
Resistance against Spanish colonialism in Latin America and the Philippines
54. Give atleast two principle reasons why the Asia Pacific and South Asia are the saviours of
Western Economies. Extortions, Raw Materials, Cheap Labours, The region
transformed as the market of surplus goods and products produced in their own
beloved countries
55. The four mediums used in script. – Cuneiform, Petroglyphs, Papyrus, Hieroglyphs