Eastern Star Academy, Inc.

The Contemporary World

Midterm Examination

Name: __________________________________________ Date: _______________________

Subject Teacher: _Jessica M. Rosete______________

I. Identify what is being asked about the Global Media Cultures. Choose the correct answer
from the box then write on the space provided. (10 POINTS)
DIGITAL MEDIA MARSHALL MCLUHAN MEDIA
GLOBAL MEDIA CULTURAL PRODUCTS COMMUNICATION
CULTURES NETWORK
PRINTING PRESS CULTURAL CULTURAL IMPERIALISM
GLOBALIZATION
CYBERGHETTO HEGEMONY SPLINTERNET

___________1. These are goods and services that include the arts (performing arts, visual arts,
architecture), heritage conservation (museums, galleries, libraries), the cultural
industries (written media, broadcasting, film, recording), and festivals.
___________2. This refers to the social, cultural, ideological, or economic influence exerted by a
dominant group.
___________3. He asserted the famous line “the medium is the message.”
___________4. John Tomlinson considered this as simply a euphemism for “Western Cultural
imperialism” since it promotes “homogenized, Westernized, consumer culture.”
___________5. This is the imposition by one usually politically or economically dominant community
of various aspects of its own culture onto another nondominant community.
___________6. This is a place on the internet where a social group is marginalized.
___________7. Jack Lule refers to this as a “means of conveying something, such as a Channel of
communication.”
___________8. This creates a continuous cultural exchange, in which crucial aspects such as
identity,
nationality, religion, behavioral norms and way of life are continuously questioned and
challenged.
___________9. This is pattern of directions in which information flows in the organization.
__________10. This form of media started the information revolution and transformed markets,
businesses, nations, schools, churches, governments, armies and more.

II. Supply the appropriate words to complete the statements. Write the answers on the blank.
(15 points)

1-5. In 2017, the Japanese Mori Foundation published the Global City Power Index that indicated 6
criteria for Global Cities. Aside, from economy, these criteria are:
__________, ____________ , ___________, ___________ and ______________.
6. The largest stock market in the world is located in _____________.
7. Sociologist ____________ popularized the term “global city” in the 1990s.
8. _____________ is a key marker of the global city and a consequence of human mobility and
migration.
9. _____________ is considered the cultural hub of Asia where some of the regions news
organizations and art galleries are located.
10. In Southeast Asia, ___________ is the home of the main headquarters of the Association of
Southeast Asian Nations (ASEAN).
11. __________ are a constant and visible presence in the global cities are the only people full
devoted to cosmopolitan consumption during their short, hyper-mobile-unreality known as overseas
holiday.
12. The ____________ is the primary destination for many top IT programmers and engineers from
Asia.
13. ____________ also has the busiest container port, moving over 33 million container units in 2013.
14. The presence of the professional class led to ___________ or the process of social class
polarization and residential segregation of the affluent to the poor.
15. _______________, where Hollywood is located, is the center of American film industry.

III. Multiple Choice: Write the letter of the correct answer on the space provided. (Total: 15
points)

_____1. This term refers to the international exchange of goods and services that is expressed in
monetary units of money. It may also mean as the free movement of goods, capital, services,
technology, and information.
A. Global Economy B. Information Revolution
C. Neoliberalism D. Socialism

_____2. This is a policy of systematic government intervention in foreign trade with the objective of
encouraging domestic production,
A. Free Trade B. Protectionism
C. Socialism D. Stagflation

_____3. This is a pact between two or more nations to reduce barriers to imports and exports among
them.
A. Export Treaty B. Free Trade Agreement
C. Preferential Agreement D. Territorial Pact

_____4. This exists when prices among different location or related goods follow the same patterns
over a long period of time.
A. Capitalism B. Inflation
C. Market Integration D. Stagnation

_____5. This is a period wherein technology has reduced the role of human labor and shifted it from a
manufacturing-based economy to one that is based on service work and the production of
ideas
rather than goods.
A. Agricultural Revolution B. Industrial Revolution
C. Information Revolution D. Laissez Faire

_____6. An economic model that started during the Industrial Revolution that emphasized profit
maximization and competition as the main drivers of efficiency.
A. Bretton Woods System B. Capitalism
C. Keynesianism D. Neoliberalism

_____7. This is a network of pathways in the ancient world that spanned from China to what is now
the
Middle East and to Europe where the oldest known international trade took place.
A. European Union B. Galleon Trade
C. North American Free Trade D. Silk Road

_____8. These currencies are not backed by precious metals and whose value is determined by their
cost relative to other currencies.
 A. Gold Currencies B. Fiat Currencies
C. Surcharge Currencies D. Tariff Currencies

_____9. It is a global economic system whose goal is to set up a network of global financial
institutions
that would promote economic interdependence and prosperity. This was largely influenced by
the ideas of British economist John Maynard Keynes.
A. Bretton Woods System
B. General Agreement on Tariffs and Trade
C. Laissez Faire Trade
D. Socialism

_____10. These are the two financial institutions created under the Bretton Woods System.
A. European Union and World Trade Organization
B. International Monetary Fund and World Bank
C. NAFTA and CAFTA
D. World Trade Center and Swiss Bank

_____11. This is an economic thought that challenged Keynesian economics that served as the
foundation of the Bretton-Woods System. This argued that the government’s practice of
pouring
money into their economies had caused the inflation by increasing demand for good without
necessarily increasing supply.
A. Capitalism B. Neoliberalism
C. Socialism D. Stagflation

_____12. This pushed for minimal government spending to reduce government debt. It also called for
the privatization of government-controlled services like water, power, communications, and
transport, believing that the free market can produce the best results.
A. Central American Free Trade Agreement
B. International Monetary Fund
C. Washington Consensus
D. World Trade Organization

_____13. These are companies that extend beyond the borders of one country. They intentionally
surpass national borders and take advantage of opportunities in different countries to
manufacture, distribute, market, and sell their products.
A. Export Companies B. Free Trade Companies
C. Global Corporations D. Trade Corporations

_____14. The main goal of this international financial institution is to fund postwar reconstruction
projects gearing towards the eradication of poverty in countries devastated by war.
A. European Union B. International Monetary Fund
C. World Bank D. World Trade Center

_____15. In the Bretton Woods system, currency is expressed in terms of to establish a par value.
A. Duties B. Gold
C. Money D. Tariff
IV. ESSAY (10 points)
Explain intensively and extensively the Globalization’s effects on culture.

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