Unit1 Lesson 2

Quiz/Assignment.

Direction. Identify the theory being described in the following statements. Write WS
for World System, WP for World Polity, WC for World Culture and N for
Neoliberalism.
WS 1. It is greatly associated with Immanuel Wallerstein.
WC 2. This theory emphasizes culture and not economy.
WP 3. It is characterized by the three interdependent theories namely core, semi-
periphery and periphery.
N 4. For this theory, globalization is the expansion of capitalist system in the
world.
N 5. In this theory, free market and free trade are given emphasis.
WP 6. One of the characteristics of this theory is privatization.
N 7. This is in response to the modernization theory.
WS 8. For this theory, globalization is a process of relativization.
WC 9. This theory proposes that human well-being can best be advanced by
liberating individual’s entrepreneurial freedoms and skills.
WC 10.It focuses on how culture affects us by providing norms.
N 11.The revival of liberalism.
WC 12.World society thus consists of a complex set of relationships among
multiple units in the global field.
WS 13. Whenever free market exists, there is little or no government control.
WP 14. Countries are marching through the same stages of development.
WP 15. Policies and actions are created by the government to promote domestic
products and protect local industries.