Introduction to Social Sciences - Globalization

Flashcards covering global identity, companies, the glocalization concept, the globalization debate (Skeptics, Hyperglobalizers, Transformationalists), and global inequality statistics.

Where was IKEA founded and who owns it today?

IKEA was founded in Sweden and is now owned by a Dutch foundation.

Where is the Multinational Corporation (MNC) that produces Wii games located?

Kyoto, Japan.

Where is L'Oréal's headquarters or origin mentioned in the notes?

Paris suburb.

Where is Samsung cell phone or PDA production based according to the notes?

Seoul, South Korea.

Where is Molson beer from?

Montreal, Canada.

Where was the Apple iPhone established and where do its parts come from?

It was established in California and parts come from China.

What are the five key factors listed in the expansion of industrial capitalism and globalization?

1. Expansion of Industrial Capitalism, 2. New Communication Technologies, 3. Transition to Consumption, 4. Emergence of the Political State, 5. Responding to Environmental Factors.

Who coined the term 'glocalization' and in what year?

Roland Robertson in $1992$.

What does the term 'glocalization' represent?

A combination of localization and globalization; it is the adaptation of a global product for a local market place.

How does McDonald's adapt its menu in Hindu countries?

Beef has been removed from the menu.

How does McDonald's adapt its menu in Muslim countries?

Pork has been removed from the menu and halal food is used.

What is an example of product adaptation by McDonald's in Indonesia?

McRice.

Who replaced Ronald McDonald as the company logo in France?

Asterix.

What are the three main positions in the globalization debate?

Skeptics, Hyperglobalizers, and Transformationalists.

What do 'Skeptics' argue is actually occurring instead of globalization?

Regionalization, where the bulk of trade occurs within three regional groups: Europe, Asia-Pacific, and North America.

What is a main criticism against the 'Skeptics' position?

They underestimate the level of change, such as globally organized finance markets and the increasing movement of people and communication.

What is the core belief of 'Hyperglobalizers' regarding market logic?

The logic of the market trumps state power.

What is a major criticism against 'Hyperglobalizers'?

They see globalization as a linear, one-way process with a clearly defined endpoint, rather than a complex process.

What is the 'Transformationalist' view on national governments?

National governments are not powerless but must share governance with International Governmental Organizations (IGOs) and Non-Governmental Organizations (NGOs).

According to the global inequality notes, what percentage of global income is held by the richest $10$ percent?

$54$ percent of global income.

What percentage of global income do the poorest $40$ percent of the global population hold?

$5$ percent of global income.

According to the GDP per capita table, what was the GDP of the USA in $2010$ compared to $1800$?

$1,343$ in $1800$ and $47,184$ in $2010$.

How did the GDP per capita of the Dem. Rep. of Congo change between $1800$ and $2010$?

It decreased from $394$ to $199$.

What is 'Dependency Theory'?

The theory that all societies are connected via capitalist economic relationships; as some get richer, others get poorer, leading to global inequalities.