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Tcw - Midterm Exam Study Guide

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TCW - MIDTERM EXAM STUDY GUIDE

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TCW - MIDTERM EXAM STUDY GUIDE

globalization - Answer -It cannot be determined clearly in one term or one definition.

globalization - Answer -It is the process by which more people across large distances
become connected in more and different ways.

globalization - Answer -It is the diffusion of practices, values, and technology that have
an influence on people's lives worldwide.

false - Answer -Globalization is not a diffusion of practices, values, and technology that
have an influence on people's lives worldwide.

true - Answer -Globalization cannot be determined clearly in one term or one definition.

false - Answer -Globalization is not a process by which more people across large
distances become connected in more and different ways.

martin khor - Answer -He defined globalization as colonization. From one country to
another, colonizers left us with political, cultural, historical, and economic influences.

colonization - Answer -It is what we in the Third World have for several centuries.

thomas larsson - Answer -He is a Swedish Journalist that stated that globalization
make the world shrink with distances getting shorter and things moving closer.

david harvey - Answer -He stated that globalization is the compression of time and
space.

kenichi ohmae - Answer -He said that globalization is the onset of a borderless world.

absolute, relative - Answer -What are the two types of distance?

absolute - Answer -You defined distance with fixed/exact definition/distance.

Ex. 1km before you reach the Mcdo.

relative - Answer -You did not give the exact location/definition of a distance.

Ex. Money, Effort, Time

true - Answer -Globalization is real to almost everyone.

portugal - Answer -Cerelac

, uk - Answer -Kitkat

switzerland - Answer -Nescafe and Nido

america - Answer -Mcdonalds

united states - Answer -Stouffer's

world system theory - Answer -This theory was greatly associated with Immanuel
Wallerstein.

world system theory - Answer -It is a theory that was defined as a macro-sociological
perspective that seeks to explain the dynamics of the capitalist world economy as a total
social system.

world-system - Answer -Wallerstein defined this as a multicultural territorial division of
labor in which the production and exchange of goods and materials is important for
surviving everyday life.

division of labor - Answer -A forces of production of the world economy.

core - Answer -This interdependent region is focused on capital-intensive production.

periphery - Answer -This interdependent region is focused on labor-intensive
production.

world system theory - Answer -It is a perspective that globalization is essentially the
expansion of the capitalist system around the globe.

capitalist system - Answer -It is a political and economic system where trade,
industries, and economy in general are dominated by private ownership instead of being
state owned.

core, semi-periphery, periphery - Answer -What are the three interdependent regions?

core - Answer -This interdependent region refers to advance or highly developed
countries.

core - Answer -Ex. Western Europe, USA, Japan

semi-periphery - Answer -This interdependent acts a defense zone between core and
periphery.

semi-periphery - Answer -Ex. China, Ireland, Mexico

periphery - Answer -This interdependent region refers to less developed countries.

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