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What is Economic Globalization?

The increasing economic integration and interdependence of countries worldwide.

What defines a Transnational/Multinational Corporation?

A business that operates in multiple countries, often with headquarters in one country and branches or production facilities in others.

What is a Retail Operation?

A business that sells goods or services directly to consumers for personal use.

What is a Big Box Store?

A large retail store that sells a wide variety of goods, typically at lower prices, such as Walmart or Costco.

What does Downsizing mean in a business context?

The process of reducing the size of a company by eliminating jobs or divisions to cut costs.

What is Outsourcing?

Hiring outside companies or workers from another country to perform services or produce goods to reduce costs.

What is an Opening Price Point?

The lowest price at which a retailer offers a product in a particular category to attract customers.

What does it mean when countries are Interdependent?

When two or more countries, businesses, or people rely on each other for goods, services, or support.

What is a Monopoly?

A situation where one company or organization controls the entire market for a product or service, eliminating competition.

What does Social Globalization refer to?

The spread of cultural ideas and social norms across borders.

What is Media Concentration?

The ownership of many media outlets by a small number of large corporations, which limits diversity in viewpoints.

What does Media Convergence mean?

The merging of different types of media, such as newspapers, television, and the internet, into one digital platform.

What is Propaganda?

Information, often biased or misleading, used to promote a particular political cause or point of view.

What does Real Time refer to in media?

Information or events that are happening at the same time as they are being broadcast or reported.

What is G8 (Group of 8)?

An international group of eight of the world's major economic powers that discuss and coordinate economic policies.

What does Techno-isolation mean?

A phenomenon where people become isolated from others due to excessive use of technology and digital devices.

What is Pop Culture?

Popular trends, music, fashion, and entertainment that are widely accepted and practiced by the general public.

What does Universalization refer to?

The spread of culture, ideas, or trends around the world, making them universally accepted.

What is Homogenization?

The process of cultures becoming more similar due to globalization, often resulting in the loss of unique cultural identities.

What does the Digital Divide mean?

The gap between those who have access to modern digital technology and those who do not.

What is Acculturation?

The process of adopting the cultural traits or social patterns of another group.

What does Hybridization refer to in culture?

The blending of different cultural elements to create something new and unique.

What is Accommodation in cultural context?

The process of adapting or making adjustments to allow for cultural differences.

What does Marginalization mean?

The process of excluding or pushing minority groups to the edges of society, limiting their access to resources and opportunities.

Who are Indigenous people?

People who are the original inhabitants of a region or country, often with distinct cultures, languages, and traditions.

What does Secularism entail?

The principle of separating religion from government and public affairs.

What is Monoculture?

A society or culture that is dominated by a single set of beliefs, values, or practices.

What does Integration mean in social terms?

The process of combining different groups into one society while maintaining their cultural identities.

What is Urbanization?

The movement of people from rural areas to cities, leading to the growth of urban areas.

What are Metropolises?

Large, densely populated cities that serve as major economic, political, and cultural hubs.

What does Cosmopolitan refer to?

A person or community that is familiar with and open to different cultures and customs.

What is Cultural Revitalization?

The process of bringing new life to a culture by promoting its traditions, language, and customs.

What is Ethnocentrism?

The belief that one's own culture or group is superior to others.

What is Americanization?

The spread of American culture and values to other parts of the world.

What does Empathy mean?

The ability to understand and share the feelings of another person.

What is Apathy?

Lack of interest, enthusiasm, or concern about something.

What is Democracy?

A system of government where citizens have the power to vote and make decisions through elected representatives.

What does Network mean in sociological context?

A group of interconnected people, organizations, or systems that share information and resources.

What is Smart Mobbing?

The use of social media and technology to quickly organize protests or social movements.

What does Dissent mean?

The expression of opinions or beliefs that differ from those of the majority or those in power.

What is Persecution?

The mistreatment or punishment of people because of their beliefs, race, or other characteristics.

What is Civil Disobedience?

The nonviolent refusal to obey certain laws or demands of a government to bring about social or political change.

What does Interconnectedness mean?

The state of having connections or relationships with other people, groups, or systems on a global scale.