Questions


January 2023 0 4 Report
TRUE or FALSE. Identify whether the statements below are true or false.

1. Globalization is increasing interdependence of national economies in trade, finance, and macroeconomic policy

2. Globalization is diffusion of practices, values and technology that have an influence on people" lives worldwide.

3. A reconfiguration of social geography marked by the growth of trans-planetary and supra-territori- al connections between people.

4. The trend has unfolded at greatest speeds, on greatest scales, to greatest extents, and with greatest impacts since the middle of the twentieth century.

5. Globalization is a process fueled by and resulting in, increasing cross- border flows of goods, services, money, people, information, and culture.

6. Globalization as a development in the structure of geography is closely interrelated with concurrent developments in structures of production, governance, identity and knowledge.

7. Time and space is squeezed together by means of digital technology and quick transport.

8. Globalization supports centralization, communism and isolationism.

9. The advocacies of globalization go against the principles of nationalism.

10. Globalization is the ultimate positive force that lifts developing and underdeveloped states out of poverty,​

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