Modern Global Concerns Answers

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7

Using complete sentences, identify three positive effects of globalization.

Answer:

Responses may vary but should include some or all of the following information: Positive effects of globalization include the creation of a “global village” to increase understanding and reduce tensions between nations, increased efficiency and prosperity, and the spread of ideas and technology, including democracy, telecommunications, and medical advancements.

10

Using complete sentences, explain what is meant by "globalization."

Answer:

Responses may vary but should include some or all of the following information: Globalization refers to the formation of multinational corporations, the formation of international organizations like the IMF and WTO, the removal of trade barriers between countries, and the growth of regional economic blocs like NAFTA and the EU.

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