D080 Module 1 Questions and Answers

D080 Module 1 Questions and Answers
globalization ✔✔process by which people and goods (products, technology, information, ideas,
job opportunities) move across boarders
regulate global economic environment ✔✔International Monetary Fund, World Bank, World
Trade Organization
globalization drivers ✔✔economics, transportation, international cooperation
fundamental aspects of globalization ✔✔trade and transactions, capital and investment
movements, migration and movement of people, the dissemination of knowledge
areas of globalization ✔✔economy, politics, culture
cultural globalization ✔✔transmission of ideas, meanings, values around the world - extends and
intensifies social relations (formation of shared norms and knowledge with which people
associate their individual and collective cultural identity)