A) interstate highways. D) The spread of Wal-Mart from Arkansas to the rest of the United States. Expanding on the concept of Davos culture, sociologist Peter L. Berger observed that the globalization of Euro-American academic agendas and lifestyles has created a worldwide faculty cluban international network of people who share similar values, attitudes, and research goals. To prevent further escalation, China committed to a phase one deal to expand purchases from the United States in 2020 and 2021, but it is unlikely China will meet its targets, and the deal does not address many concerns, including Chinas industrial subsidies. A) quickly changing attributes. C) each major world religion can be directly linked to a cultural homeland. With anyone in the world now a text, click, call, or plane flight away, 95 percent of potential customers for goods and services are outside the United States, ready to buy goods and services from other countries if US producers are barred from their markets. 2018. Globalization is the movement and integration of goods and people among different countries. E) All of the above. Increased Trade: A Key to Improving Productivity. Currently, there is government support through a program called Trade Adjustment 2017. Imports are goods or services purchased from outside the country. C) Traditional medicines. improve their competitiveness, Leads to higher tariffs on US exports, which would dampen sales and hurt US businesses and workers, Jeopardizes role of the United States as a world leader in international cooperation, making it more difficult to PIIE Policy Brief 17-16. E) all of the above. D) Folk cultures have great reverence for their environment. E) All of the above. Section 301: US investigates allegations of forced technology transfers to China. Here are some of the crucial areas that economists have proposed the United States should focus on, as outlined in many studies at the Peterson Institute and other policy organizations. The success of global newsnetworks like CNN have also contributed to globalization. While these goals are simply stated and obviously will pose challenges to resolve, the stakes are high to rebuild trust in a global system that has helped secure prosperity and peace. A culture keeps its own cultural ideas from other cultures. Federal Reserve Bank of Chicago. How do folk cultures perceive their environment? PIIE Policy Brief 12-9. C) Midwest. 74) Which statement best describes intuition? All the Above : Threats to Folk Culture By Katie Hurst and Eva Winsheimer Loss of Traditional Values Media is a Threat to Traditional Values Pop Culture is the type of culture is in large heterogeneous societies that share certain habits despite diff. D) the spread of an idea or trait through the physical movement of people from one place RealTime Economics (March 14). In this context, liberal refers to more free or open trade. This chart shows how yearly US transactions grew over time as the global economy and financial system became increasingly These practices discriminate against not only Americans but also US allies. C. Globalization makes national identity irrelevant. C) Hispanics. View the full answer. As pointed out by Swedish anthropologist Ulf Hannerz, this group advocates a view of global culture based not on the replication of uniformity but on the organization of diversity. Often promoting this view are nongovernmental organizations (NGOs) that lead efforts to preserve cultural traditions in the developing world. All rights reserved. The correct answer is 2: The world is becoming more globalized and connected. Why do many recent college graduates prefer to move into city neighborhoods Since ancient times, humans have sought distant places to settle, produce, and exchange goods enabled by improvements in technology and transportation. rather than to suburban developments? Desilver, Drew. Today, foods in Korea and many parts of China are often spicy. Cultural globalization is the spread of the culture, customs, or ideas of a place or a people to the rest of the world. b. What is globalization? Lets Talk Development (February 2). Washington: Peterson Institute for International Economics. B) influence of a culture decreases the further one travels from the core. A Survey of Experts, Section 301: US investigates allegations of forced technology transfers to China, Will the Liberal Order Survive? Solving these types of issues, which will inevitably arise and change over time, is best done through negotiation and coordination with trading partnersapplying due processin order to prevent costly trade wars, where more and more barriers end up hurting all sides. Thompson, Robert L. 2007. 1. Washington: Peterson Institute for International Economics. Trade and Globalization. Group of answer choices. Consumers must be responsible to a triple bottom line of economic value, social progress, and environmental health. They are exposed to ideas about goods and services, which may increase demand for a specific product that may not be available at home. and, Not a successful negotiating strategy for trade deals. Globalizationis the connection of different parts of the world. A) Tex-Mex cuisine. Trade and Investment Policy Watch (November 7). TravelIncreased internationaltravelhas also increased globalization. Which of the following is not an example of expansion diffusion? A countrys trade balance, either a surplus or deficit, is not affected by tariffs or trade agreements but by larger economic factors, like government spending and monetary policy. There are advantages and disadvantages to globalization, all of which have economic, social, political, and cultural impacts. Broader domestic policies can also help workers adapt to the continuously changing job market, such as access D) religious beliefs are reflected in most aspects of culture. PIIE Policy Brief 01-2. globalization is a term that is used to refer to the increased interdependence among nations. Freund, Caroline. B) The spread of laptop computers from the upper class to the middle class. 2018. Folk culture is often seen in which of the following traits? Better-paying positions have opened up in manufactured exportsespecially in high-tech areas, such as computers, chemicals, and transportation equipmentand other high-skill work, notably in business services, such as finance and real estate (see Jobs section). McDonalds in Japan features a green-tea flavored milkshake. Pew Research Center (September 26). D) Migrant diffusion. Have the two groups debate the issue. A) cultural environment. Which statement BEST summarizes the point made by that example? D) South Florida. financial crisis and the global financial crisis of 200809, especially in other liabilities like bank loans. This availability of resources is facilitated through trade. Today, HSBC has its headquarters in London, England.Economic globalization has allowed many corporations based in the West to move factories and jobs to less economically developed countries, a process calledoutsourcing. A) Folk cultures perceive the environment as a hostile place. They are said to follow a recognizable lifestyle, are instantly identifiable anywhere in the world, and feel more comfortable in each others presence than they do among their less-sophisticated compatriots. E) folk cultures eat mostly foods that locally available. Washington: Peterson Institute for International Economics. C) St. Valentine's Day. National Archives and Records Administration How Offshoring and Global Supply Chains Enhance the US Economy. A) Amish communities in Pennsylvania PIIE Policy Brief 16-15.Washington: Peterson Institute for International Economics. E) Detroit and Nashville. called a E) Tanzania. A) the area served by a Walmart. Westernization reached much of the world as part of the process of colonialism and continues to be a significant cultural phenomenon as a result of globalization. Countries exposed to globalization have alleviated inequality to different degrees through tax and welfare systems. Globalization results in the expansion of international cultural, economic, and political activities. B) Some ethnicities are comprised of people from several different races. Listening to the debates can be confusing. But within many countries, including the United States, inequality is rising. B) the spread of an underlying principle or idea. The Trump administration pushed for more power to impose tariffs. Promote global environmental sustainability. US Marine Corps Flickr/Levan Ramishvili and Leon Yaakov Washington: Peterson Institute for International Economics. 236. Globalization helps create new forms of transportation, communication, and technology.. A culture overcomes a threat to its own by strengthening its own cultural image. 2 See answers Advertisement D) Folk cultures have great reverence for their environment. B) the spread of culture traits from one group to another. Ethnocentrism is Please refer to the appropriate style manual or other sources if you have any questions. 1In 2016, 19.9 million workers [pdf] were laid off or discharged (i.e., involuntary separations). Divide the class into two groups: students who focused on pros and students who focused on cons. Which of the following concept best illustrates the degree to which pairs of individuals who interact are similar in certain attributes, such as beliefs, education, and social status? Washington. D) are symbolic in nature. Contagious diffusion is Has Global Trade Fueled US Wage Inequality? 5. Globalization is the movement and integration of goods and people among different countries. Factories in the county of Lancashire, England, created madras cloth. The History of an Idea. The globalization trend eventually waned and crashed in the catastrophe of World War I, followed by postwar protectionism, the Great Depression, and World War II. People can read information about foreign countries as easily as they read about their local news. PIIE Working Paper 16-5. Sometimes, thesemigrantworkers travel a short distance, such as between the Mexican state of Sonora and the U.S. state of California. A) are selected for the recyclable properties. Anthropologist Arjun Appadurai described and studied five dimensions of global cultural flow. 2017. American soap operas are popular in Israel.India, for instance, has a thriving film industry, nicknamed Bollywood. Bollywood movies are popular both in India and with the huge population of Indians living abroad. B. E. Globalization increases global inequality. National Geographic Headquarters 1145 17th Street NW Washington, DC 20036. E) uniform landscapes. Many are most comfortable with goods and services that resemble what they have at home. A) the rapid and widespread diffusion of a characteristic throughout the population. She or he will best know the preferred format. .ng-c-sponsor-logo { Trade Talks Episode 57 (October 5). 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. US Army Bradford, Scott C., Paul L. E. Grieco, and Gary Clyde Hufbauer. For information on user permissions, please read our Terms of Service. Which of the following contexts best describes such concerns? Globalization in History Globalization has a long history, for example, Ancient Greek . E) Vancouver, BC. Many buildings were damaged. C) they want to preserve their traditional cultures. A. Globalization moves jobs and capital to places that need these resources. B) Southern Florida. D) cultural landscape. Globalization is an inevitable development which cannot be resisted or significantly influenced by human intervention. Peterson Institute for International Economics. Has Globalization Gone Too Far? People in England eat Indiancurry, while people in Peru enjoy Japanesesushi. B) an area of great cultural diversity. C) Nationality. National Geographic Society is a 501 (c)(3) organization. Manual work is increasingly being automated, lowering demand for workers. Manufacturing employment share has also declined China, India, and Brazil dropped their rates to enter the World Trade Organization (WTO). D) the spread of an idea or trait through the physical movement of people from one Washington: Peterson Institute for International Economics. is an aspect of cultural globalization and refers to the reduction in cultural diversity . US Air Force They are exposed to new ideas, which may influence how they vote. Which of the following is an example of relocation diffusion? Instead of sacrificing trade gains, many economists recommend domestic policies like wage insurance, expanded B) the spread of an underlying principle or idea. to another. E. Encourage governments to make innovative uses of local resources. place to another. A) areas in the sphere part of the model impacted most by a culture. C) Cultural integration. Washington, DC 20036, Careers| Not enough has been done to help those who have lost out from trade competition. OECD (Organization for Economic Cooperation and Development). Globalization promotes interconnection among diverse national economies. The fiery chili pepper is native to the Western Hemisphere. Foreign-owned companies that do business in the United States have hired Americans at a faster rate than US private employers between 2007 and 2015. This is the process by which a less dominant culture adopts some of the traits of a After World War II in the mid-1940s, the United States led efforts to revive international trade and investment under negotiated ground rules, starting a second wave of globalization, which remains ongoing, though buffeted by periodic downturns and mounting political scrutiny. Globalization has forced Gogol to reject Indian culture. Services are business activities conducted between countries, such as tourism, finance, insurance, real estate, science exchanges, professional services, business management, education, health care, arts, entertainment, accommodation, and food services. World Trade Organization In reality, it has been very difficult for many of these workers to transition, with lasting effects on Some menu items, such as the Big Mac, are the same all over the world. More job training and education is needed to prepare workers for these jobs. What is the term for a group of people who identify with their cultural and Under free trade agreements, countries agree to remove trade barriers. 2013. D) Many younger people who are childless arent concerned with the quality of public US Trade Agenda Requires Greater Focus on Social Concerns. C) Many younger people like to be near cultural amenities in the city. 2017. Bergsten, C. Fred. Which statement describes the globalization of culture More uniform consumption preferences enhanced communications increased unequal access to resources A hearth is defined as A region from which a phenomenon originates Bown, Chad P. 2021. Ask students to record the information they find on the worksheet. 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 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. Globalization involves interconnectivity amongst people and businesses across the world. (October 27). B) religions do not have any impact on the built landscape. Which statement about race and ethnicity is true? Other international issues includeterrorism,drug trafficking, andimmigration.The process of globalization is verycontroversial. B) Pueblo communities in New Mexico B) Acculturation. The percent of US jobs in manufacturing has steadily declined since the 1940s, before the rise of China, NAFTA, In large cities, people with the same culture often live in segregated areas called Furman, Jason. Answer to Solved 3. E) Transculturation. Library of Congress Others point out that people tend to adopt some aspects of other cultures without giving up their own. Globalization is influenced particularly through traditional political institutions, such as nation-states. Ltd. Five Reasons Why the Focus on Trade Deficits Is Misleading. Kim Hulse, National Geographic Society C) Log cabins in Appalachia. Washington: Peterson Institute for International Economics. North American Free Trade Agreement (NAFTA), Yale University: Yale Center for the Study of Globalization. B) Winnipeg, MB. B) ethnic enclaves. C) Snowboarding. The Post-American World Economy: Globalization in the Trump Era. B) influence of a culture decreases the further one travels from the core. E) none of the above. D) Cultural traits are a reflection of a groups values. Students research, analyze, and debate the pros and cons of globalization. Blinder, Alan. One such cadre, according to political scientist Samuel Huntington in The Clash of Civilizations (1998), comprises an elite group of highly educated people who operate in the rarefied domains of international finance, media, and diplomacy. government. Globalization is driven by international trade and aided by information technology. Propelled by the efficiency or appeal of wireless communications, electronic commerce, popular culture, and international travel, globalization has been seen as a trend toward homogeneity that will eventually make human experience everywhere essentially the same. Sustainability Policy| Kirkegaard, Jacob Funk. Which of the following cultural traits is important to Americans? US Government Is Worst at Reducing Inequality of All High-Income OECD Countries. Stokes, Bruce. Through globalization, people may become aware of incidents very quickly. Advanced medicines are more easily and widely available to people who may not have been able to afford them. B) Fourth of July. C. Globalization improves cultural awareness by enabling the exchange of ideas and. Go to the PBS website to find out where you can get the full DVD. American industrial production is at All of the following are characteristics of folk cultures except dominant culture so completely that the two cultures become indistinguishable. 2017. B) New and Miami. Employment in service industries has grown from about half to 84 percent of all height: 60px; 2011. Most of these internationaltourists are from developed countries. E) All of the above. A. C) the spread of an idea from persons of power to other persons. The example of quinoa in this chapter was used to illustrate an aspect of the globalization paradox. D) Thai cuisine. Senator Orrin Hatch Argues Against Auto Tariffs. D) Scandinavians in the upper Midwest. Chapter 2 [pdf] of The United States and the World Economy: Foreign Economic Policy for the NextDecade. 2019. D) The spread of Wal-Mart from Arkansas to the rest of the United States. Millions of people take vacations to foreign countries. Hendrix, Cullen S. 2016. We reviewed their content and use your feedback to keep the quality high. C) the broadcast area of a radio station. Globalization changes the types of jobs available but has little effect on the overall number of jobs in the ever-changing US labor market. Following centuries of European colonization and trade activity, that first wave of globalization was propelled by steamships, railroads, the telegraph, and other breakthroughs, and also by increasing economic cooperation among countries. C. Improve women's access to education and literacy. One in five American manufacturing workers is now employed by a foreign-owned company operating in the United States. D) Labor Day. You cannot download interactives. 2. A) a cultural environment. Senate of Berlin After World War II, the United States helped build a global economic order governed by mutually accepted rules and overseen by multilateral institutions. 2016. If possible, have students watch the National Geographic film Illicit: The Dark Trade. of the cause. African-Americans predominately live in B) The spread of drive-through windows from fast food restaurants to liquor stores. D) globalization. The real reason youre not getting a pay raise. 1996 - 2023 National Geographic Society. When waves of cultural groups move into an area and modify the human imprint of Engaging in a trade war, with escalating tit-for-tat tariffs, Violating WTO rules or circumventing established processes, Imposing tariffs to save US manufacturing jobs at specific companies, Restricting imports from specific countries to try to reduce bilateral trade deficits, The Payoff to America from Globalization: A Fresh Look with a Focus on Costs to Workers, The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade [pdf], Number of U.S. workers employed by foreign-owned companies is on the rise. Hendrix, Cullen S. 2016. BETTER QUALITY AND VARIETY Written by Melina Kolb Global Trade in Services: Fear, Facts, and Offshoring. b. Based on their research, tell students to select the arguments that they believe are most valid. It's Fun to Discuss the USMCAthe New NAFTA. Graphics by William Melancon D) a lack of exposure to popular culture. B) cultural homeland. Chicago Fed Letter, No. All of the following reflect a popular cultural landscape except A new cultural form that combines elements of other cultures. Another common concern was the impact of globalization on culture and identity. D) the innovation of a cultural trait. Culture is spread by The persistence of local culture. D. Implement a program designed to increase economic development in impoverished countries. A single attribute of culture is called a, The theory that the physical environment causes social and cultural development is. more dominant culture. tax credits, better unemployment benefits, and subsidies for health insurance for all displaced workers regardless from both cultures. C. Globalization improves cultural awareness by enabling the exchange of ideas and information. If no button appears, you cannot download or save the media. 2018. Statement before the US Senate Committee on Finance hearing "Current and Proposed Tariff Actions Administered by the Department of Commerce," June 20, 2018. People in the United States enjoy listening to South African music and reading Japanese comic books. Globalization - a phenomenon that has defined the world's economy in recent decades - is under pressure. C) Ghana. Trade and Investment Policy Watch (March 6). 1996 - 2023 National Geographic Society. D) Asian-Americans. An excerpt of the film is provided in this activity. B) Folk cultures believe that nature exists to enrich them. 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. Oldenski, Lindsay, and Theodore H. Moran. Globalization is growing less important as time passes. Donors do not influence the conclusions or policy implications drawn from Institute research. It does not significantly change the total number of positions in the economy, as job numbers are primarily driven by business cycles and Federal Reserve and fiscal policies. 2016, or 185 percent of GDP.). The theory behind globalization is that worldwide openness will promote the inherent wealth of all nations. Students participate in a debate on the issue of human workers being replaced by robots and automation. Have students debate globalization. And Beijing routinely subsidizes its industries. . Step 1) Answer: The statement that best describe the trends in globalization of markets is option d. Unable to increase markets domestically, most of the companies look in expanding their markets in other places of the world. Another global subgroup comprises cosmopolitans who nurture an intellectual appreciation for local cultures. Globalization. Goods are physical, produced items traded between countries, like corn, machinery parts, or chemicals. C) The spread of AIDS from Africa to Europe. Editor of. 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. B) the spread of culture traits from one group to another. Globalization means the integration of the economy into the world's economy. D) Ethnicities are based on physical characteristics, race is based on culture. Globalization has very little impact on culture.
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