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INTLSTD 101 Exam 1 Questions and Answers

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INTLSTD 101 Exam 1 Questions and Answers

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INTLSTD 101
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INTLSTD 101
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INTLSTD 101

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Uploaded on
August 12, 2024
Number of pages
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Written in
2024/2025
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INTLSTD 101 Exam 1 Questions and
Answers
What are the 4 forms of globalization? define them and give an example for each one from
history. - Answer -1. Embodied- the movement of people

ex: pre-historic period: people became bipedal and began to migrate (global dispersion of
human species)

2. Disembodied- the movement of ideas/services

ex: modern period: internet is created (spread of ideas)

3. Object oriented- the movement of objects, specifically commodities

ex: early modern period: merchant capitalism (generalization of commodities/silk road)

4. Organization oriented- movement of institutions/empires

ex: pre-modern period: babylonian empire. are able to form surplus. dont need as many people
working. creation of class sys



According to Zeglen, why do the four forms of globalization only apply to capitalist history?
expalin with examples for each form. - Answer -political, civic, economic, cultural

embodied: MULTIPLICATION of social relations- we connect with more people (ex colonialism)

disembodied: EXPANSION of social relations- we connect with more people from further
distances ex: internet

object extended: ACCELERATION and INTENSIFICATION of social relations. Local are affected by
stuff happening in far away places ex: russia-ukraine war. globalization allows for trade which is
a capitalist behavior and when trade is globalized it intensifies how situations affect other
countries like the war in Ukraine affected wheat in US.

organization extended: MCNs putting more commodities in the global market.

, What is a world system? what are the three main world systems? - Answer -world system: self
contained unit. division of labor. economic exchange within the sys.

mini-system: SOCIAL division of labor, SINGLE cultural framework (lang, beliefs). NO political
sys.

ex: sentilese hunters and gatherers

world-empire: SOCIAL division of labor, MULTIPLE cultures, COMMON political sys ex: roman
empire (common jobs were wine and pottery making)

world economy: TECHNICAL division of labor, MULTIPLE cultures, MULTIPLE polities, COMMON
market framework. make a commodity



What 3 features specifically define the capitalist world economy? explain each. - Answer -GET

1. Generalized production of commodities. typical system of production which is carried out
through wage labor. a commodity is useful to someone and has exchange value ex: shoes and
labor .

2. Endless accumulation of capital: MCM- capitalist with $--> buy commodities --> sell on
market for higher price than what was invested --> reinvest to make it capitalism

3. Technical division of labor: don't have one person making entire product. assembly line.
efficient but cant see themselves in their work.



According to Wallerstein why is it that totally free market is an ideology or myth, rather than
day to day reality? what are at least 2 reasons he gives? explain with an example for each. -
Answer -AF

1. anti-monopolist measures built into capitalist world econ which are NOT conducive of a free
market

--> however, without these measures things like patents add an artificial layer of scarcity to the
market to increase competition and innovation

2. Free market: it would make endless accumulation of capital impossible.

--> consumers can know all info with free market

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