Globalization Grade 10 Final Study Guide Questions And Correct Answers

Nation-State {Ans: A relatively homogeneous cultural group with its own fully independent political territory.}Deblij Top 5 Languages {Ans: Mandarin Chinese (largest but most isolated) English (Deblij does NOT think it will last as the Lingua Franca) Spanish Hindi Portugese}Globalization Debate: Con {Ans: • Destroys manufacturing jobs in wealthy, advanced countries • Wage rates of unskilled workers in advanced countries declines • Companies move to countries with fewer labor and environment regulations • Loss of sovereignty}repartimiento {Ans: A system that the Spanish let colonists employ Indians in forced labor}goods {Ans: manufactured articles or products}gross national product {Ans: The total value of goods and services, including income received from abroad, produced by the residents of a country within a specific time period, usually one year.}Gross Domestic Product (GDP) {Ans: Traditional measure for the size of a country's economy is the value of all final goods and services produced within its borders.}strong identification with a particular group of individuals {Ans: Nationalism}Friedrich List {Ans: Theorist of Industrial Protection}global markets {Ans: places all over the globe that allow buyers and sellers to exchange goods and services}Outsourcing {Ans: A business strategy that involves reducing costs