What is Globalization?
Card Set Information
What is Globalization?
Midterm Review II
What is contemporary accelerated globalization?
The compromise position that says that modern forms of globalization (e.g. internet) are much more rapid than in the past.
"Forms" of Globalization: Economic Globalization
Define economic globalization.
The spread of capitalistic market relations throughout the world.
_________ corporations are those whose income and operations extend into several different countries.
Banks whose income/lending is derived from operations in different countries are known as ____________ banks.
What is meant by "Washington Consensus"?
The political-economic policies shared by IMF, World Bank, and the US government, promoting world-wide neoliberal economics.
"Forms" of Globalization: Political Globalization
Define political globalization.
The expansion of political power and activity across national boundaries (resulting in decrease in autonomy of nation-state).
The joining of multiple countries in political-economic policies and programs is known as the ________ of states.
What is global governance?
The rule of law extending beyond national borders.
What is meant by global civil society?
Non-governmental organizations with international reach.
What is the term for when people, things and ideas are no longer contained within traditional nation-states?
"Forms" of Globalization: Cultural Globalization
Define cultural globalization.
The worldwide increase in images, symbols, meaning systems, modes of thought, and modes of communication.
What is global consciousness?
People's growing awareness of belonging to a global community.
The mixing of different cultural forms to create something new is known as _________.
What is "McDonaldization"?
The diffusion of American values and consumer goods throughout the world.
Globalization of Languages
What languages are growing in use? (3 languages)
English: is everyone's ______ language;
the language of international _________;
makes up ____% of internet content;
____ (ratio) of world's foreign students are enrolled in institutions in Anglo-American countries.
True/False: There is an increase in number of worldwide languages. If false, why?
False. In 1500 A.D., there were 14,500 languages, while in 2007 A.D., there were <7000.
Define Demographic Globalization.
The migration of peoples across national boundaries.
"Forms" of Globalization: Ecological Globalization
Define global climate change (global warming).
The recent rapid change in world's climate due to global dependence on fossil fuels.
The global impacts of human's consumption of Earth's natural resources are known as _________.
Define reduction of biodiversity.
The recent rapid global extinction of species and habitat.
Define sustainable development.
Meeting the needs of present generations without compromising the ability of future generations to meet their own needs.
Globalization is Shaped by Technology
What does globalization seem to be driven by?
Technological change, such as information and communication technologies.
What else is globalization driven by?
Major corporations, international institutions, government and social forces.
Globalization is Uneven
Where is globalization concentrated? (3 countries)
North America, Europe, and East Asia.
______ and _____ are unequal in distribution.
What has been increasing within and between countries since the late 1970s?
Is Globalization Neoliberal Capitalism?
The market as the optimal way of organizing an exchange of goods and services.
Free trade offers more individual ______ and ________, and the most efficient allocation of _______.
liberty; well-being; resources
Describe the "End of History"?
Francis Fukuyama's discussion of U.S. capitalism as the end of history (or economies)
Resistance to Globalization
What is the Zapatista Uprising?
The Mexican Mayan peasant rebellion against NAFTA.
What are the Anti-WTO protests?
Global protests against neoliberal political-economic policies.
Resistance to perceived global secularism.