- 1. refers to the increasing interdependence of world economies as a result of the growing scale of cross-boarder trade of commodities and services, flow of international capital, and wide and rapid spread of technologies
A) Sustainable degradation
B) Economic Globalization
C) Sustainable development
- 2. Protectionism and Trade Liberalization of free trade
A) Two types of economies associated with economic globalization:
B) Two types of economies associated with economic degradation:
C) Two types of development associated with economic globalization:
- 3. usually comes in the form of quotas and tarrifs.
A) Fair Trade
B) Trade protectionism
C) Trade Liberalization
- 4. are required fees on imports or exports.
A) Quotas
B) Tax
C) Tariffs
- 5. Free trade agreements and technological advances in transportation and communication mean goods and services move around the world more easily than ever..
A) Liberalization
B) Protectionism
C) Trade Liberalization of free trade
- 6. means a policy of systematic government intervention in foreign trade with the objective of encouraging domestic production
A) Protectionism
B) Fair trade
C) Trade liberalization
- 7. defined by the International Fair Trade Association, is the concern for the social, economic, and environmental well-being of marginalized small producers.
A) Fair Trade
B) Protectionism
C) Sustainable development
- 8. It is more concern on the protection of workers and producers, establisment of more just prices, engagement in environmentally sound practices and sustainable production.
A) Fair Trade
B) Income Tax
C) Neutrality
- 9. aims to meet the demand of the present without compromising the need of the future generation
A) Sustainable development
B) Environmental degradation
C) Kyoto protocol
- 10. Development of our world today by using the Earth's resources and the preservation of such sources for the future
A) Carbon Tax
B) Sustainable development
C) The Multiplier effect
- 11. means finding the quickiest possible way of producing large amounts of a particular product.
A) Efficiency
B) Multiplier effect
C) Kyoto protocol
- 12. a process through which the natural environment is compromised in some way, reducing biological diversity and the general health of the environment.
A) Sustainable development
B) Environmental degradation
C) Trade liberalization
- 13. aimed at a reduction of global carbon emissions.
A) Carbon Neutrality
B) Kyoto protocol
C) Carbon Tax
- 14. tax imposed in many factories and companies who emit carbon in the
atmosphere.
A) Vatt tax
B) BIR tax
C) Carbon tax
- 15. Neutralizing or balancing the carbon emitted in the atmosphere through activities that reduce carbon in the air (ex. Reforestation) Any CO, released into the atmosphere from a company's activities is balanced by an equivalent amount being removed
A) Environmental degradation
B) Carbon neutrality
C) Carbon tax
- 16. Delivering sufficient food to the entire world population.
The challenges to food security can be traced to the protection of the environment. A major environmental problem is the destruction of natural habitats, particularly through deforestation.
A) Global Food Security
B) Food Security
C) Food delivery
- 17. The 1 to 2 billion poorest in the world who don't have food for the day suffer from the worst disease, globalization deficiency."
A) Wilbert uy
B) Hans Rosling
C) George paul
- 18. means increase in one economic activity can lead to an increase in other economic activities
A) The Multiplier Effect
B) Economic impact
C) Carbon Neutrality
- 19. proposed the idea of microcredit (small loan given by big companies to small entrepreneur or businesses)
A) Hans Rosling
B) Ponce de Yunnu
C) Muhammad Yunnu
- 20. Wealth Inequality and Income Inequality
A) Two (2) main types of economic sustainable
B) Two (2) main types of economic inequality
- 21. net worth of the country, assets of the nation, abundance of resources.
A) Wealth Inequality
B) Income Inequality
C) Sustainability Inequality
- 22. new earnings are being distributed, it values the flow of good and services, not a stock of assets
A) Wealth Inequality
B) Income Inequality
C) Both
- 23. 89% of global asset belongs to the Top 10 richest in the Word.
A) No
B) Not sure
C) Yes
- 24. Economic big bang" the Industrial Revolution caused difference among nations specifically the First World and the Third World countries
A) Branko Milanovic (2011)
B) Branko Milanovik (2012)
C) Branko Milanovics (2013)
A) Third World
B) First World
C) Second World
- 26. The Soviet Union and the allies
A) Third World
B) First World
C) Second World
- 27. Non-alliance countries
A) Second World
B) First World
C) Third World
- 28. After the Cold War ended, the category Second World countries become
A) Violence and Broad
B) Neglect and Evict
C) Null and Void
- 29. United States
Canada
Western Europe
- Developed parts of Asia
A) First World countries
B) Third World countries
C) Second World countries
- 30. Caribbean
-Latin America
South America
Africa
- parts of Asia
A) Third World Countries
B) Second World Countries
C) First World Countries
- 31. Most commonly defined as the command and control centers of the global economy: metropolitan regions that function as the key organizing centers for the interdependent material, financial, and cultural flows that together sustain contemporary globalization
A) THE ECONOMIC CITY
B) THE GLOBAL CITY
C) THE DEVELOPMENT CITY
- 32. New York
- London
- Tokyo
A) Global country
B) Global community
C) Global city
- 33. is defined as the act of sorting data, people, and objects into distinct groups or layers. It is a technique used in combination with other data analysis tools
A) Stagnation
B) Strategy
C) Stratification
- 34. This theory frames global stratification as a function of technological and cultural differences between nations
A) Moderately Theory
B) First Class Theory
C) Modernization Theory
- 35. One of the reason why Western Europe rapidly developed.
- This refers to the spread of goods, technology, education and diseases between the Americans and Europe after Christopher Columbus's so-called "discovery of the Americans"
A) American Exchange
B) Columbian Exchange
C) Korea Exchange
- 36. Columbian Exchange They gained agricultural staples, like potatoes and tomatoes, which contributed to population growth and provided new opportunities for trade, while also strengthening the power of the merchant class.
A) No
B) Not sure
C) Yes
- 37. 80% of the Native american population died due to diseases such as SMALLPOX and MEASLES.
A) Yes
B) I don't know
C) No
- 38. new technologies emerged, steam power and mechanization, allowed countries to replace human labor with machines and increase productivity.
A) Walt Rostow
B) Hans Rosling
C) Industrial Revolution (18th and 19th century)
- 39. American economist proposed the four (4) stages of Modernization
A) Walt Rostow
B) Hans Rosling
C) Muhammad Yunnu
- 40. it refers to the societies that are structured around small, local communities with production typically being done in family settings. "What your parents do is what their parents did, and what you will do when you grow up, to.
A) 1st" stage (Traditional stage)
B) 3rd stage (Drive to Technological Maturity)
C) 4th stage (High Mass Consumption)
- 41. people begin to use their individual talents to produce things beyond the necessities. The innovation creates new markets for trade. In turn, greater individualism takes hold and social status is more closely linked with material wealth.
A) 2nd stage (Take-off stage)
B) 3rd stage (Drive to Technological Maturity)
C) 4th stage (High Mass Consumption)
- 42. technological growth of the earlier periods begins to bear fruit in the form of population growth, reductions in absolute poverty levels, and more diverse job opportunities. Nations in this phase typically begin to push for social change.
A) 1" stage (Traditional stage)
B) 3rd stage (Drive to Technological Maturity)
C) 2nd stage (Take-off stage)
- 43. it is when your country is big enough that production becomes more about wants than needs. Many of these countries put social support systems in place to ensure that all of their citizens have access to basic necessities.
A) 4th stage (High Mass Consumption)
B) 2nd stage (Take-off stage)
C) 3rd stage (Drive to Technological Maturity)
- 44. European explorers spread throughout the Americas, Africa, and Asia, claiming lands for Europe.
A) 1950s
B) 1550s
C) 1440s
A) Hongkong
B) Korea
C) Britain
- 46. Andre Gunder Frank publish his ideas regarding the development of less developed countries
A) 1986
B) 1996
C) 1976
- 47. majority of colonies achieve independence
A) 1984
B) 1996
C) 1865
- 48. initially developed by Hans Singer and Raul Prebisch (1950s)
is the condition in which the development of the nation-states of the South contributed to a decline in their independence and to an increase in economic development of the countries of the North (Cardoso and Felato, 1979).
A) Independency
B) Dependency
C) Secrecy
- 49. Peripheral nations and Core Nations
A) Two (2) main sub-theories
B) Two (2) main sub dependency
C) Two (2) heart of dependency theory
- 50. countries that are less developed and receive an unequal distribution of the world wealth.
- rely on manual labor and to export of raw materials to core nations.
A) Peripheral Nations
B) Core Nations
- 51. more industrialized nations who receive the majority of the world's wealth
process the raw material from peripheral nations and sell them at a much higher price.
A) Peripheral Nations
B) Core Nations
- 52. North American Neo-Marxist Approach and Latin American Structuralist Approach
A) Two (2) main sub-theories
B) Two (2) branch sub-theories
C) Two (2) main sub-dependency
- 53. by Andre Guner Frank (1969)
He contended the idea that less developed countries would develop by following the path taken by developed countries.
A) Latin American Structuralist Approach
B) North American Neo-Marxist Approach
- 54. developed by Latin American scientist
they arque that "excessive" reliance on exports of primary commodities, which were the object of fluctuating prices in the short term and a downward trend in relative value in the long haul.
A) Latin American Structuralist Approach
B) North American Neo-Marxist Approach
- 55. called Capitalist world economy.
A) Immanuel Kant
B) Muhammad Yunnu
C) Immanuel Wallerstein model
- 56. high-income nations
manufacturing base of the planet where resources funnel in to become the technology and wealth enjoyed by the Western world today.
A) Core
B) Nations
C) Periphery
- 57. low-income nations
- natural resources and labor support the wealtheir countries, first as colonies and now by working for multinational corporations under neocolonialism.
A) Semi
B) Periphery
C) Core
- 58. this term date back to the Cold War.
A) First World Occupancy
B) None
C) First World, Second World and Third World
- 59. exploitation and oppression of jobs
not enough protection in workers
- child labor
A) Both result
B) Positive effect of Economic Globalization
C) Negative effect of Economic Globalization
- 60. Examples:
- More carbon emissions from factories
- Destruction of coral reefs and marine biodiversity
- More wastes are thrown into the ocean
- Deforestation
Effects
Air Pollution
- Water Pollution
- Climate Change
A) Environmental Degradation
B) Environmental Segradation
- 61. tried to address the different problems in the world. Their efforts were guided by the eight Millennium Development Goals, which they created in the 1990s
A) No
B) United Nations
C) Yes
- 62. Among these eight goals, the eradication of extreme poverty and hunger ranked
A) Last
B) Second
C) First
- 63. achieving universal primary education, promoting gender equality and women empowerment, reducing child mortality, improving maternal health, combating diseases like IIIV/Aids and malaria, ensuring environmental sutainability, and having a global partnership for development
A) Maybe
B) other seven goals include to eight Millennium Development Goals
C) Sure
- 64. 1.) Put an end to poverty worldwide in all its manifestations.
A) Gender equality
B) Zero hunger
C) No poverty
- 65. 2.) Achieve food security, increase nutrition, and advance sustainable agriculture to end hunger.
A) Life below water
B) Zero hunger
C) Climate action
- 66. 3.) Make sure everyone leads healthy lifestyles and encourages wellbeing at all ages
A) Decent Work and Economic Growth
B) Life on Land
C) Good Health and Well-being
- 67. 4.) Make sure all students have access to inclusive, equitable education, and encourage opportunities for lifelong learning
A) Quality Education
B) Climate action
C) No poverty
- 68. 5.) Realize gender parity and give authority to women of all ages.
A) Gender equality
B) Peace, Justice and Strong Institutions
C) Partnership for the goals
- 69. 6.) Make sure that everyone has access to water and is managed sustainably
A) Climate action
B) Life on land
C) Clean Water and Sanitation
- 70. 7.) Ensure that everyone has access to modern, sustainable, cheap energy
A) Reduced inequalities
B) Responsible Consumption and Production
C) Affordable and Clean Energy
- 71. 8.) Encourage consistent, equitable, and sustainable economic growth, complete and productive employment, and respectable employment for all.
A) Responsible Consumption and Production
B) Decent Work and Economic Growth
C) Partnerships for the Goals
- 72. 9.) Increase innovation, encourage inclusive and sustainable industrialization, and build resilient infrastructure
A) Zero hunger
B) Sustainable Cities and Communities
C) Industry, Innovation and Infrastructure
- 73. 10.) Reduce inequality both within and between nations.
A) Reduced Inequalities
B) Quality Education
C) Gender Inequality
- 74. 11.) Make human settlements and cities inclusive, secure, robust, and sustainable
A) Life on Land
B) Life below water
C) Sustainable Cities and Communities
- 75. 12.) Develop sustainable practices that strengthen responsible production and consumption habits
A) Decent Work and Economic Growth affordable and clean energy
B) Responsible Consumption and Production
C) Peace, Justice and Strong Institutions
- 76. 13.) Combat climate change and its effects by acting quickly.
A) Zero hunger
B) Climate Action
C) Poverty
- 77. 14.) Use marine resources wisely and sustainably to promote sustainable development
A) Life on land
B) Life below water
C) Reduced inequalities
- 78. 15.) Protect, repair, and encourage the sustainable use of terrestrial ecosystems. Manage forests sustainably. Fight desertification. Halt and reverse land deterioration.
A) Life on Land
B) Affordable and clean energy
C) Life below water
- 79. 16.) Encourage inclusive and peaceful societies for sustainable development, ensure that everyone has access to justice, and create inclusive institutions at all levels
A) Responsible Consumption and Production
B) Sustainable Cities and Communities
C) Peace, Justice and Strong Institutions
- 80. 17.) Boost the global collaboration for sustainable development and strengthen its implementation methods.
A) Reduced Inequalities
B) Peace, Justice and Strong Institutions
C) Partnership for the goals
- 81. It refers to the net worth of the country
A) Income
B) Wealth
C) Wealth inequality
- 82. Countries that are less developed and receive an unequal distribution of the worls wealth
A) Peripheral Nations
B) Dependency
C) Core countries
- 83. Measures the total output of a country.
A) GDP
B) GNI
C) GBP
- 84. Global north are the developing countries. This statement is;
A) True
B) False
C) I don't know
- 85. The first stage in Walt Rostow's Stages of Modernization
A) Take of stage
B) Traditional Stage
C) High mass consumption
- 86. It speaks about distribution of assets.
A) Wealth Inequality
B) Income
C) Inequality
- 87. New earnings are being distributed;it values the flow of goods and services, not a stock of assets.
A) Inequality
B) Wealth
C) Income Inequality
- 88. This is when new technologies like steam power and mechanization, allowed countries to replace human labor with machines and increase productivity.
A) Industry revolution
B) Revolution
C) Industrial revolution
A) Gross Dominate Products
B) Gross Dom Products
C) Gross Domestic Products
- 90. Western Capitalist countries were labeled as the;
A) 2nd world country
B) 4th world country
C) 1st world country
- 91. means finding the quickiest possible way of producing large amounts of a particular product.
A) Efficiency
B) Effecacy
C) Effeciency
- 92. Policy of systematic government intervention in foreign
trade to encourage domestic production.
A) Protectivism
B) Tariff
C) Protectionism
- 93. Using renewable energy instead of fossil fuels supports economic growth while protecting the environment.;
A) Social Development
B) Global Development
C) Sustainable Development
- 94. Tax imposed on many factories and companies that emit carbon in the atmosphere
A) Carbon Tax
B) Absolute Tax
C) Factory Tax
- 95. More carbon emissions from factories, destruction of coral reefs and marine biodiversity, more wastes are thrown into the ocean, and deforestation are examples of;
A) Environmental Degradation
B) Environmental Conservation
C) Environmental Development
- 96. A process through which the natural environment is compromised in some way, reducing biological diversity and the general health of the environment
A) Environmental Conservation
B) Environmental Development
C) Environmental Degradation
- 97. It is more concern on the protection of workers and producers, establisment of more just prices, engagement in environmentally sound practices and sustainable production
A) Fair Trade
B) Feir Trade
C) Fare trade
- 98. It refers to the increasing integration and interdependence of national economies
A) Social Globalization
B) Political Globalizatiol
C) Economic Globalization
- 99. Meeting the needs of the present without compromising the ability of the future generations.
A) Sustainable Development
B) Economic Development
C) Social Development
- 100. Free trade agreements and technological advances in transportation and communication mean goods and services move around the world more easily than ever
A) Export
B) Trade Liberalization
C) Import
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