GEN 005: CONTEMPORARY WORLD

1. Who coined the term globalization?

a. Roland Robertson
b. George Ritzer
c. Benjamin Barber
d. Arjun Appadurai
2. It is the process by which Western societies are dominated by the principles of fast food
restaurant?
a. Starbucks Nation
b. Jollibeezation
c. McDonalization
d. KFC Nation
3. The most dominant economic framework and system in many parts of the world. It is premised
on the “profit motive”.
a. Market
b. Purchase
c. Economy
d. Capitalism
4. A wealthy person who uses money to invest in trade and industry for profit in accordance with
the principles of capitalism.
a. Capitalist
b. Politician
c. Consumers
d. Businessman
5. ASEAN has partnered with three EAST Asian countries and it is called the ASEAN +3. Its goal is to
address the 1997 Asian financial crisis and help each other cope with the three East Asian
countries?
a. China, Japan, and Indonesia
b. Thailand, Philippines, and Japan
c. China, Japan, and South Korea
d. Vietnam, China, and Laos
6. What is a process of combining or increasing the interconnectivity of national economics to the
regional or global economies?
a. Economic integration
b. World System
c. Global Civil Society
d. International Financial Institutions
7. The following are types of globalization, except for?
a. Economic Globalization
b. Agricultural Globalization
c. Geographic Globalization
 d. Political Globalization
8. Globalization plays a vital role in the economy of the world; it can be both positive and negative
impact to the people. Which of the following is the negative effect of globalization in the
environment?
a. Building Infrastructure
b. Employment Rate
c. Deforestation
d. Economic Growth
9. In 2022, a new research by the Brookings Institution shows a rise in _____without modern
precedent, affecting nearly one in five children in the United States.
a. Chronic illness
b. Homelessness
c. Food insecurity
d. Sleep disorders
10. How do organizations cope with the challenges of globalization?
a. By forming political network
b. By forming eco-net
c. By forming social relations
d. By forming regional organizations
11. Which is not included in the areas encompassed y regionalism?
a. Ethics
b. Identities
c. Health
d. Sustainable Development
12. What do call the measurement of flows and interconnectedness of a country ton other global
players through exchanges in trade, capital, people, and information?
a. Liquidity
b. Internationalization
c. Solidity
d. Globalization
13. What is the term for integration of different cultures of different societies that become
possible?
a. Financial Globalization
b. Economic Globalization
c. Sociological Globalization
d. Cultural Globalization
14. What is the process of expanding various sociocultural and socio-ecological processes from
national to international and transcultural level?
a. Globalization
b. Westernization
c. Internationalization
d. Localization
15. He argues that capitalism was premised on the “turning of Africa into a warren for the
commercial hunting of lack-skins.
a. Karl Marx
b. Adam Smith
c. Friedrich Engels
d. Pierre Leroux
16. What is the development of the trade systems within transitional actors such as multinational
corporates or NGOs?
a. Sociological Globalization
b. Financial Globalization
c. Cultural Globalization
d. Economic Globalization
17. The power of the State to impose rules and create s diplomatic relationship to other countries.
a. Sovereignty
b. Police Power
c. Eminent Domain
d. Nationalism
18. Which country has the share in the World Bank and International Monetary fund?
a. USA
b. China
c. Canada
d. Great Britain
19. Countries can borrow the technology via agreements and implementations for overall
development. Communication will be more accessible from any part of the globe by utilizing
advanced technology at minimal cost, time, and effort.
a. Alteration of Technology
b. Affordable Commodities
c. Extensions of Market
d. Improvement of Infrastructure
20. Which of the following is TRUE for social or cultural globalization?
a. It refers to the international wars and conflicts
b. It refers to the resolution of political disputes
c. It refers to the process of trade and capital mobilization
d. It refers to the migration of the people from one place to another