D) the spread of an idea or trait through the physical movement of people from one is an aspect of cultural globalization and refers to the reduction in cultural diversity . 1. Edited by Madona Devasahayam, Helen Hillebrand, and Steven R. Weisman Experts are tested by Chegg as specialists in their subject area. 2016. Today, Americans rely on the global economy for many of the things they buy and sell, and to expand their businesses and make investments. Employment in service industries has grown from about half to 84 percent of all D) the spread of an idea or trait through the physical movement of people from one place E) a culture realm. E) all of the above, A patriarchal society is one that Which of the following aspects is associated with empathy? A) the idea that your own culture is superior to others. 2017. Which of the following statements best describes the dialectics of globalization? 30 seconds. Which two cities in the United States often serve as hearths for popular culture? Understanding the relative costs and benefits can pave the way for alleviating problems while sustaining the wider payoffs. Washington: Peterson Institute for International Economics. Culture is spread by Ortiz-Ospina, Esteban, Diana Beltekian. The example of quinoa in this chapter was used to illustrate an aspect of the globalization paradox. Washington: Peterson Institute for International Economics. C) cultural succession. 2. Multiple-choice. Which statement about race and ethnicity is true? A. C) the spread of an idea from persons of power to other persons. E) All of the above. They also say that outsourcing has causedwealthycountries to lose too many jobs. E) culture realm. Q. D) globalization. Engaging in a trade war, with escalating tit-for-tat tariffs, Violating WTO rules or circumventing established processes, Imposing tariffs to save US manufacturing jobs at specific companies, Restricting imports from specific countries to try to reduce bilateral trade deficits, The Payoff to America from Globalization: A Fresh Look with a Focus on Costs to Workers, The China Shock: Learning from Labor-Market Adjustment to Large Changes in Trade [pdf], Number of U.S. workers employed by foreign-owned companies is on the rise. Hundreds of people were arrested. The globalization trend eventually waned and crashed in the catastrophe of World War I, followed by postwar protectionism, the Great Depression, and World War II. Here are some of the crucial areas that economists have proposed the United States should focus on, as outlined in many studies at the Peterson Institute and other policy organizations. Kirkegaard, Jacob Funk. B) favors males over females China, India, and Brazil dropped their rates to enter the World Trade Organization (WTO). This concept makes production more efficient, promotes economic growth, and lowers prices of goods and services, making them more affordable especially for lower-income households. Based on their research, tell students to select the arguments that they believe are most valid. Globalization is driven by international trade and aided by information technology. Code of Ethics| An example of a popular culture holiday that has transcended its folk culture roots is President Trump canceled TPP and threatened withdrawing from NAFTA, the Korea-US Free Trade Agreement (KORUS) (later revised and signed), and the WTO. Pew Research Center (December 14). E) All of the above. B) The spread of drive-through windows from fast food restaurants to liquor stores. Globalization is the movement and integration of goods and people among different countries. Number of U.S. workers employed by foreign-owned companies is on the rise. Today,80 percent of world tradeis driven by supply chains run by multinational corporations. This Pew Research poll finds more support than not for free trade agreements. If possible, have students watch the National Geographic film Illicit: The Dark Trade. US Air Force Global Value Chains and Development: Investment and Value Added Trade in the Global Economy. Migrant workers from the Philippines, for instance, may travel to Europe, Australia, or North America to find better-paying jobs.People do not travel just for work, of course. and, Not a successful negotiating strategy for trade deals. US Bureau of Labor Statistics. Jobs available through globalization have lifted many people out ofpoverty. View the full answer. The global market still has great potential for the US economy. Which statement BEST summarizes the point made by that example? An agent for a residential real estate company in a suburb located outside of Washington, DC, has the business objective of developing more accurate estimates of the monthly rental cost for apartments. Table of Contents Thesis Statement Introduction How youth culture operates in the contemporary global world The negative aspects of youth culture The future of youth culture and globalization Conclusion Works Cited We will write a custom Term Paper on Youth Culture and Globalization specifically for you for only $11.00 $9.35/page D) The spread of Roman Catholicism to Latin America. B) Fourth of July. Nevertheless, a Peterson Institute study finds 156,250 US manufacturing jobs were lost on net each year between 2001 and 2016 from expanded trade in manufactured goods, which represents less than 1 percent of the workers laid off in a typical year.1 Low-wage workers in certain regions are most affected. . SCALED UP BUSINESSES Washington: Peterson Institute for International Economics. A. At McDonalds in Uruguay, a McHuevo is a burger topped with a fried egg. Washington: Peterson Institute for International Economics. Annual Review of Economics 8: 205240. 12%,$110,000 note. Immigration is the process of moving to a new country or region with the intention of staying and living there. Although globalization has affected us economically and politically, it has also affected us socially on a wider scale. Better-paying positions have opened up in manufactured exportsespecially in high-tech areas, such as computers, chemicals, and transportation equipmentand other high-skill work, notably in business services, such as finance and real estate (see Jobs section). largely composed of bank loans) has been more volatile. 2021. The patterns of cultural globalization is a way of spreading theories and ideas from one place to another. B) the spread of an underlying principle or idea. C) folk cultures have a homogeneous population. 5. Globalization has increased the number of students studyingabroad.Not everyone says that globalization is good, however. 10. areas? The cultural globalization hypothesis argues that a global culture leads to the homogenization of the human experience. cultural globalization, phenomenon by which the experience of everyday life, as influenced by the diffusion of commodities and ideas, reflects a standardization of cultural expressions around the world. Revenga, Ana, and Anabel Gonzlez. Trade liberalization is the opposite of protectionismwhen countries allow people and businesses to buy and sell across borders with fewer restrictions. Speech given at the Brookings Institution, April 8. D) South Florida. Tariffs remain elevated under President Joseph R. Biden Jr., as of mid-2021. American Public Opinion on Foreign Trade. They also argue that free trade has lowered prices in wealthier countries and improved the economy of poorer countries. 2016. The Dispute Settlement Crisis in the World Trade Organization: Causes and Cures. Adjustment and Income Distribution Impacts of the Trans-Pacific Partnership. B) The spread of laptop computers from the upper class to the middle class. Gallup (April 1). C) dowry. Not enough has been done to help those who have lost out from trade competition. Globalization has led to both a growing interconnectedness and a rise in xenophobia. INNOVATION c. Doing business beyond borders is still extremely rare. E) All of the above. D) Los Angeles and Detroit. Washington: Peterson Institute for International Economics. D) a cultural landscape. Globalization is the connection of different parts of the world. C) The Bible Belt. Oldenski, Lindsay, and Theodore H. Moran. 2017. SOLUTION:- 1:- The correct option is :B Explanation: Global . A) Tokyo, New York, and London. E) all of the above. A) areas in the sphere part of the model impacted most by a culture. E) All of the above. D) folk cultures must use local materials when building. Globalization is growing less important as time passes. Negotiated under President Obama, the Trans-Pacific Partnership (TPP) agreement was intended to entice China to improve its practices by allowing the country in on the lucrative deal only if it agreed to new rules, but President Trump withdrew from the deal. If you have questions about how to cite anything on our website in your project or classroom presentation, please contact your teacher. Scholars in many disciplines challenged this notion of cultural . The audio, illustrations, photos, and videos are credited beneath the media asset, except for promotional images, which generally link to another page that contains the media credit. D) Stimulus diffusion. National Geographic Headquarters D) religious beliefs are reflected in most aspects of culture. Protectionism is the term for government restrictions on international trade aimed at blocking foreign products and driving companies and consumers to purchase domestically produced goods and services. C) the spread of an idea from persons of power to other persons. Globalization reduces unique features of local culture and contributes to global cultural homogenization B. from expanded trade are at least 10 times greater than what is needed to meaningfully assist workers who lose E) All of the above. The B) Hollywood movies. Globalization is driven by international trade and aided by information technology. Chicago Fed Letter, No. Why, After 200 Years, Cant Economists Sell Free Trade? 2015. According to the Core-Domain-Sphere model Students participate in a debate on the issue of human workers being replaced by robots and automation. D) urban areas in California. to higher education and health care, but Americans remain conflicted about the governments role in these social B) the belief that Westerners are superior to African and Asian cultures. Geography, Human Geography, Social Studies, Economics, This lists the logos of programs or partners of NG Education which have provided or contributed the content on this page. The economy of the country of Saudi Arabia is almost entirely dependent onoilexports.To increase trade, many countries have created free trade agreements with other countries. 4. Washington: Peterson Institute for International Economics. E) all of the above. Indian-born anthropologist Arjun Appadurai has studied English-speaking professionals who trace their origins to South Asia but who live and work elsewhere. Which of the following is not an ethnic concentration in North America? D) Calgary, AB. 2018. Concerns were show over the perceived impact of beliefs, values, and social practices coming from foreign cultural products. B) Some ethnicities are comprised of people from several different races. Goods are physical, produced items traded between countries, like corn, machinery parts, or chemicals. This is the process by which a less dominant culture adopts some of the traits of a In fact, there are cities named for Alexander in Iraq (Iskandariya), Egypt (Alexandria), and Turkey (Alexandria Troas).TheSilk Road, atrade routebetween China and the Mediterranean, promoted the exchange of ideas and knowledge, along with trade goods and foods such as silk, spices, porcelain, and other treasures from the East.When Europeans beganestablishing colonies overseas, globalization grew. The series was written ahead of the 2019 Annual Meeting of the World Economic Forum in Davos, which focuses on "Globalization 4.0". PIIE Working Paper 17-10. Rodrik, Dani. In 1994, the United States, Mexico, and Canada signed theNorth American Free Trade Agreement (NAFTA), which eventually ended all tariffs on trade goods between the three nations. E) all of the above. 1997. A trade deficit occurs when spending on imports exceeds what is earned from selling exports. Which of the following is an example of a formal cultural region? Nye Jr., Joseph S. 2017. National Geographic Headquarters 1145 17th Street NW Washington, DC 20036. A) A race often has a single homeland, an ethnicity is usually scattered across the world. Editor of. B) Contagious diffusion.

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