Program. Although homogenizing influences do indeed exist, they are far from creating anything akin to a single world culture. D) Stimulus diffusion. E) any market area for a retail business. Another global subgroup comprises cosmopolitans who nurture an intellectual appreciation for local cultures. A) A race often has a single homeland, an ethnicity is usually scattered across the world. Step 2) Explanation: Glo . Flickr/Levan Ramishvili and Leon Yaakov C) has equality between males and females Cultural diffusion is Washington: Peterson Institute for International Economics and Brookings Institution. 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. C) are available locally. For example, they may stop chargingtariffs, or taxes, on imports. Trade and Investment Policy Watch (January 18). E) All of the above. 2003-2023 Chegg Inc. All rights reserved. US-China Trade War Tariffs: An Up-to-Date Chart. Globalization results in the expansion of international cultural, economic, and political activities. 2019. Today, Americans rely on the global economy for many of the things they buy and sell, and to expand their businesses and make investments. Posen, Adam S. 2018. D) the spread of an idea or trait through the physical movement of people from one C) Cultures are dynamic and always changing. to higher education and health care, but Americans remain conflicted about the governments role in these social This court, which handles cases such as war crimes, has a global reach, although not all countries have accepted it.Many problems facing the world today cross national borders, so countries must work together to solve them. These resources will help to teach middle school students more about the global economy and the central role trade plays. Globalization has forced changes on Gogol's family that he accepts , but thathis parents resist . First, the previous waves of globalization have been quite successful in lifting a large number of people out of poverty and so we should appreciate that. Which of the following aspects is associated with empathy? D) Migrant diffusion. National Geographic Headquarters Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. Inequality is widening. D) influence of a culture decreases as one travels in and around. B) housing. Any interactives on this page can only be played while you are visiting our website. Washington: Peterson Institute for International Economics. a. If a media asset is downloadable, a download button appears in the corner of the media viewer. Globalization results in the expansion of international cultural, economic, and political activities. They write new content and verify and edit content received from contributors. Chapter 7 of US-China Economic Relations: From Conflict to Solutions. They are generally held by or owed to firms, banks and other financial institutions, or governments. They circulate in a social world that has multiple home bases, and they have gained access to a unique network of individuals and opportunities. The surplus in services suggests the competitive strength of US services in the global market. dominant culture so completely that the two cultures become indistinguishable. Instead of sacrificing trade gains, many economists recommend domestic policies like wage insurance, expanded Keynes, Soumaya, and Chad P. Bown. C) an area where one cultural boundary abruptly ends and another begins. Because of this,economic downturns in one country are repeated in other countries. 2016. A) Tokyo, New York, and London. 2016. A) American news organizations, such as CNN. His administration negotiated the US-Mexico-Canada Agreement (USMCA) to replace NAFTA; the agreement entered into force in 2020. Hendrix, Cullen S. 2016. C) Many younger people like to be near cultural amenities in the city. B) grooms gift. While most Americans only began paying attention to globalization with the North American Free Trade Agreement (NAFTA) debates in 1993. devising communication strategies to accomplish communicative goals, constructing messages consistent with communicative strategies. Blinder, Alan. People in England eat Indiancurry, while people in Peru enjoy Japanesesushi. 12%,$110,000 note. globalization on culture and identity 68. 2016 were $26 trillion, equal to 140 percent of US GDP. Westernization began with traders, colonizers, and . Under free trade agreements, countries agree to remove trade barriers. Which of the following is not an example of expansion diffusion? US Marine Corps Other advanced economies have generally increased the size of government programs as they trade or other bigger factors. They fear that everyone will end up eating hamburgers and watching Hollywood movies. B) Jews. 2003-2023 Chegg Inc. All rights reserved. Make sure students back up any statements with factual information from reliable resources. Washington: Peterson Institute for International Economics. Protectionism is the term for government restrictions on international trade aimed at blocking foreign products and driving companies and consumers to purchase domestically produced goods and services. And Beijing routinely subsidizes its industries. When businesses want to manufacture their products at a cheaper rate, they employ the services from developing countries which is possible in countries such as China and Cambodia, where manufacturing costs and . D) Migrant diffusion. Contact Us. In large cities, people with the same culture often live in segregated areas called E) All of the above. This resulted in 65 percent of respondents wanting more restrictions, the opposite of the sentiment expressed in the Pew poll. C. Globalization makes national identity irrelevant. 2017. Each multiple choice question has five possible answers. Lawrence, Robert Z. C) Western Europe. is an aspect of cultural globalization and refers to the reduction in cultural diversity . B) belief systems. If a student blindly guesses the answer to every question, what is the probability that the student will correctly answer all six questions? Powerful PeppersFood has long been an important part of globalization. Which statement about race and ethnicity is true? The globalization of Greek culture came with the conquerorAlexander the Great. C) the spread of an idea from persons of power to other persons. 2017. D) the spread of an idea or trait through the physical movement of people from one place Privacy Notice| Newport, Frank. This feature was first published on October 29, 2018 and last updated on August 24, 2021. The Post-American World Economy: Globalization in the Trump Era. through education, training, job search assistance, and other active labor market programs. Terms of Service| Aid agencies can respond more quickly to a natural disaster. more dominant culture. Globalization involves interconnectivity amongst people and businesses across the world. Today, foods in Korea and many parts of China are often spicy. In fact, some Bollywood movies do much better in the United States or the United Kingdom than they do in India.Clothing styles have also become more uniform as a result of globalization. D. Globalization contributes to global political, economic, and military dominance of some countries over others. Washington: Peterson Institute for International Economics. Washington: Peterson Institute for International Economics. Most of these internationaltourists are from developed countries. As people, ideas, knowledge, and goods move more easily around the globe, the experiences of people around the world become more similar.Globalization in HistoryGlobalization has a long history, for example, Ancient Greek culture was spread across much of southwestern Asia, northern Africa, and southern Europe. If American producers want to reach those consumers, the United States must let producers from overseas reach American consumers, as they have over the years for cars, appliances, smartphones, and other products Americans want. 2017. Washington: Peterson Institute for International Economics. E. Encourage governments to make innovative uses of local resources. Bown, Chad P. 2022. That being said, some workers have directly benefited from expanding global commerce, while others have not. US Census their jobs to import competition. Ensure that every country provides its citizens fair political representation. These practices discriminate against not only Americans but also US allies. They can also find resources at the school library or a local library. B) Culture is learned behavior that is passed from one generation to the next. B) migrants. A widely cited study [pdf] shows that between 1991 and 2007, lower-wage manufacturing workers within industries that faced import competition experienced large and lasting earnings losses, while higher-wage workers in these industries did not. D) are symbolic in nature. Which statement BEST summarizes the point made by that example? This chart shows how yearly US transactions grew over time as the global economy and financial system became increasingly They are exposed to new ideas, which may influence how they vote. C) they want to preserve their traditional cultures. WTO'ing a Resolution to the China Subsidy Problem. Trade has been a global force for less poverty and higher incomes. Learn more about U.S. immigration with this curated resource collection. 2011. the cultural landscape, this is known as Korea was hit in 200809 even though the epicenter of the crisis was in the United States and Europe. 2005. D. Implement a program designed to increase economic development in impoverished countries. Many people say globalization will help people communicate. Kirkegaard, Jacob Funk. 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. E) none of the above. After World War II, the United States helped build a global economic order governed by mutually accepted rules and overseen by multilateral institutions. B) The spread of laptop computers from the upper class to the middle class. PIIE Policy Brief 16-5. A) Race. Bown, Chad P., and Melina Kolb. Which of the following statements best describes cultural hybridization? Misconceptions on the Campaign Trail: US Manufacturing. Trade and Investment Policy Watch (May 17). 2018. 5. Washington: Peterson Institute for International Economics. This concept makes production more efficient, promotes economic growth, and lowers prices of goods and services, making them more affordable especially for lower-income households. For most U.S. workers, real wages have barely budged in decades. 2018. 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. E) Japanese capitalism. Additional research by Anjali Bhatt, Cathleen Cimino-Isaacs, and Zhiyao (Lucy) Lu C) cultural agglomerations. The wide-ranging effects of globalization are complex and politically charged. Negotiated under President Obama, the Trans-Pacific Partnership (TPP) agreement was intended to entice China to improve its practices by allowing the country in on the lucrative deal only if it agreed to new rules, but President Trump withdrew from the deal. Evidence to date is that the cost of tariffs has been borne by importing companies, sometimes resulting in higher prices for consumers. Coronavirus (COVID-19) Vaccinations. In this way, globalization encourages countries around the world to provide typical Western services. 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. 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. Distribute copies of the worksheet Decision Matrix to each student. Study with Quizlet and memorize flashcards containing terms like Which statement about globalization is true? Terms of Service Copyright Notice Privacy PolicyPrivacy Policy. An excerpt of the film is provided in this activity. PIIE Policy Brief 18-5. Expanded trade spurs the spread of technology, innovation, and the communication of ideas. 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? Peterson Institute for International Economics. Popular culture is rapidly diffused around the world by D) forces women to bear children. Will the Liberal Order Survive? The way globalization allowed this situation to spread led to the nation of Iceland nearly goingbankrupt, for example.PoliticsCultural and economic globalization have caused countries to become more connected politically. By the beginning of the 21st century, institutions such as Cultural Survival were operating on a world scale, drawing attention to indigenous groups who are encouraged to perceive themselves as first peoplesa new global designation emphasizing common experiences of exploitation among indigenous inhabitants of all lands. University of Chicago Booth School of Business. DECLINE IN INEQUALITY GLOBALLY, BUT WIDER WITHIN UNITED STATES Goods are physical, produced items traded between countries, like corn, machinery parts, or chemicals. B) New York, London, and Paris. Trade and Investment Policy Watch (March 6). Federal Reserve Bank of Chicago. 2017. In seconds, people are able to respond tonatural disasters that happen thousands of miles away.Many people access information through improved and new technology, such as cell phones. A culture keeps its own cultural ideas from other cultures. Since the overall payoff is so much greater than the costs to individual workers or groups who have lost out, nearly all economists support having an open global market versus closing it off (see example). Alice Manning, National Geographic Society PIIE Briefing 18-1. Ortiz-Ospina, Esteban, Diana Beltekian. C) the isolation of a culture from the rest of the world. The History of an Idea, Misconceptions on the Campaign Trail: US Manufacturing, The Post-American World Economy: Globalization in the Trump Era, Trade has been a global force for less poverty and higher incomes, Nearly All US Trade Deals Were Negotiated, Signed, and Implemented by Republicans, Senator Orrin Hatch Argues Against Auto Tariffs, Americans, Like Many in Other Advanced Economies, Not Convinced of Trades Benefits, Global Value Chains and Development: Investment and Value Added Trade in the Global Economy, Both countries lose economically when trade volumes decline, Costs rise, harming US competitiveness and making it harder for families to afford products, Disrupts global supply chains that domestic businesses, workers, and consumers rely on to hold costs and B) Acculturation. Three Ways to Reduce a Trade Deficit. Washington: Peterson Institute for International Economics. C) the spread of an idea from persons of power to other persons. B) Nordic skiing . Transcribed image text: . Divide the class into two groups: students who focused on pros and students who focused on cons. A) marriage tax. A) trans-national corporations. 2017. C.Globalization has resulted in fewer connections among countries. Which two cities in the United States often serve as hearths for popular culture? You are using a browser version that is no longer supported by this website and could result in a less-than-optimal experience. Named after the Swiss town that began hosting annual meetings of the World Economic Forum in 1971, these Davos insiders share common beliefs about individualism, democracy, and market economics. 1. Trade Talks Episode 57 (October 5). Cambridge Journal of Economics Volume 28, Issue 2 (March): 22952. E) All of the above. Washington: Peterson Institute for International Economics. 2016. A. B) favors males over females 2017. Explain to students that globalization, in its simplest form, means a more connected world. Statement before the US Senate Committee on Finance hearing "Current and Proposed Tariff Actions Administered by the Department of Commerce," June 20, 2018. Here is a quick summary. Kirkegaard, Jacob Funk. US Tire Tariffs: Saving Few Jobs at High Cost. Bialik, Kristen. Interview given at the Peterson Institute for International Economics, May 25. C) Hierarchical diffusion. E) all of the above, A patriarchal society is one that