[SA] The Contemporary World - Introduction to Globalization

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67 Terms

1
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Is the process by which business or other organizations develop international influence or start operating on an international scale.

Globalization

2
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Refers to the expansion and intensification of social relations and consciousness across world-time and world-space.

Globalization

3
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According to this person, globalization refers to the expansion and intensification of social relations and consciousness across world-time and world-space.

Manfred B. Steger

4
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In essence, it is a phenomenon that is making the world a smaller place.

Globalization

5
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The term "globalization" gained popularity through Theodore Levitt in what year?

Theodore Levitt

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Which era is being exemplified when globalization was not yet taking place, but bits and pieces of the things that make up globalization as we know it today were being set in motion.

Pre-globalization Era

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In the pre-globalization era, trade as an activity across nations became much easier through the creation of this road.

Silk Road

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Which era of globalization emphasizes the creation of the Spice Route?

Pre-globalization Era

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They were regarded as the belt and road of trade.

Silk Road

Spice Route

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What does the belt in "belt and road" of trade refer to?

Sea-based Spice Route

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What does the road in "belt and road" of trade refer to?

Land-based Silk Road

12
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The Pre-globalization Era was also know as the age of what?

Age of Discovery

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During this age, global trade was brought to even greater heights. Aided by the discoveries and innovations of the Scientific Revolution, European explorers were able to connect East and West.

Age of Discovery

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The primary participants of the early explorations of the age of discovery were these two countries.

Spain

Portugal

15
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The primary participants of the early explorations of the age of discovery were later joined by these two.

Dutch (Netherlands)

English (British)

16
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It took place during the First Industrial Revolution.

Globalization 1.0

17
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This period saw the rise of factories and the use of water and steam power to mechanize production.

Globalization 1.0

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This empire led the world into this new era. It introduced technologies that allowed massive amounts of good to be transported across long distances and its industrialization allowed it to supply products that were in demand all over the world. Trade grew ste4adily during this era.

Globalization 1.0

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In what year did the First World War start?

1914

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In what year did the First World War end?

1918

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In what year did the Second World War start?

1938

22
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In what year did the Second World War end?

1945

23
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This was a period that some scholars refer to as a period of de-globalization or the collapse of globalization.

De-globalization

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Millions of soldiers and civilians died in this period of globalization, further developments in globalization-related technologies were halted, and countries closed their borders.

De-globalization

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Despite hitting an all-time low, globalization in this period went through a resurgence.

Globalization 2.0

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After the second World War, this transition in history arrived which emphasized the use of electric power for production.

Second Industrial Revolution

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Many technologies such as cars, airplanes, and other forms of transportation technologies became more accessible to people in this period.

Globalization 2.0

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The collapse of this country left the US as the sole leading nation in Globalization 3.0.

Soviet Union

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The Third Industrial Revolution was taking place and emphasis was placed on using electronics and information technology to automate production.

Globalization 3.0

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More technologies became accessible to the everyday man. Improvements on he television, the telephone, and the radio, print publication, personal computers, etc. allowed people to get to other pats of the world while sitting in the comfort of their homes. Which period of globalization is being exemplified?

Globalization 3.0

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In which year did the Fourth Industrial Revolution began?

2008

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The emphasis, this time around, is blurring the lines between what is digital, physical, and biological.

Globalization 4.0

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A period of globalization where you experience things like learning this lesson from an online class, ordering food from an online app, doing your groceries through a website, etc..

Globalization 4.0

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The leading nations of globalization in this era are the United States and China.

Globalization 4.0

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In which century did the Age of Discovery take place?

15th Century

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In which century did the Age of Discovery end?

18th Century

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In which century did Globalization 1.0 take place?

19th Century

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In which year did Globalization 1.0 end?

1914

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In which year did Globalization 2.0 take place?

1945

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In which year did Globalization 2.0 end?

1989

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In which year did Globalization 3.0 take place?

1989

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In which year did Globalization 3.0 end?

2005

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In which year did Globalization 4.0 take place?

2008

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The leading exports in the Age of Discovery were?

Raw Material

Basic Goods

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The leading exports in Globalization 1.0 were?

Textiles

Industrial Goods

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The leading exports in Globalization 2.0 were?

Factories

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The leading exports in Globalization 3.0 were?

Global Supply Chain

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The leading exports in Globalization 4.0 were?

Digital Goods

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Exports as % World GDP in the Age of Discovery is?

<5%

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Exports as % World GDP in Globalization 1.0 is?

5-14%

51
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Exports as % World GDP in Globalization 2.0 is?

5-15%

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Exports as % World GDP in Globalization 3.0 is?

>20%

53
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Which enabling era is exemplified in the Age of Discovery?

Scientific Revolution

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Which enabling era is exemplified in Globalization 1.0?

First Industrial Revolution

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Which enabling era is exemplified in Globalization 2.0?

Second Industrial Revolution

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Which enabling era is exemplified in Globalization 3.0

Third Industrial Revolution

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Which enabling era is exemplified in Globalization 4.0?

Fourth Industrial Revolution

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In what times did the Scientific Revolution thrive?

15th - 17th Century

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In what times did the First Industrial Revolution thrive?

1780s - Mid 19th Century

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In what times did the Second Industrial Revolution thrive?

1870s - 1910s

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In what times did the Third Industrial Revolution thrive?

1960s - 1990s

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In what times did the Fourth Industrial Revolution thrive?

2000s - 2010s

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A globalization domain about increased free trade, faster trading, creation of global economic organizations and trade blocks.

Economic

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A globalization domain seen as a challenge to the nation state, a strengthening of regional blocks, an emergence of global political norms, and an emergence of corporations as entities with considerable power and influence.

Political

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A globalization domain viewed as the creation of a global village, using technology to make the world a "smaller place," and the prevalence of cultural imperialism.

Cultural and Information

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Can be defined in many different ways but it always has the central theme of interconnection across the globe.

Globalization

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The history of globalization in this course is based on which publishing organization?

World Economic Forum (WEF)