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Give Two examples to illustrate sharing economy
e.g. airbnb, Uber, ofo bike...etc
Suggest a way to tackle global issues at the local level
e.g. fund-raising, organizing talks
Give 2 examples of anti-globalisation movements.
Boycotting the brand, protest and demonstration
What are the factors leading to anti-globalisation?
e.g. Global disparity due to capitalism and free trade, & uneven distribution of political power
Explain disneyization.
Theming, Hybrid consumption, merchandising, performance labour
Give two examples to illustrate the spread of western culture.
Hollywood movies, western festivals, western language
Cultural globalization is...
the process in which different cultures in the world interact and affect one another
How can transnational corporations improve the quality of life of people in developing countries?
Mass production need labours (outsourcing --> more job opportunities --> profits)
Name the elements of Mcdonaldization.
Efficiency, calculability, Predictability, Control
What is go public?
Issue shares and bonds in financial market
How do transnational corporations promote Economic Globalization?
Raising fund and investment/sourcing and production/ brand establishment and sales
What are the characteristics of economic globalisation?
Integration of financial, labour, commodity, raw materials and emergence of international organization
What are the personal factors affecting the ability in using technology?
Education level, income, age, entrepreneurship, gender, race...
What are the factors affecting people's ability to use technology?
Uneven chances to approach and use technology and education level.
Name 5 TNCs in 10 seconds.
e.g. amazon, KFC, McDonald, Nike, Adidas
What is TNC?
Transnational corporations
What are the factors promoting the rapid development of globalization?
Transport technology, information and communication technology
Give two examples of mutual influence of cultures
Universal values, Global citizenship
Explain global economic integration
market economy and free trade > international trade keeps increasing
Intense connection worldwide makes the world look like a ‘_____________________’
Global village
What is time-space compression?
Time and spatial restrictions during cross- regional communication fade away and nearly disappear
Suggest three characteristics of globalization.
Time–space compression, Formation of global interconnecting networks, Global economic integration, Mutual influence of cultures...etc
What is globalization?
Globalization means gradually vanishing geographical restrictions and strengthened connection among people all over the world