There Are Two Meanings of Globalization: Globalization as Fact and Process

question 1

Multiple Choice

There are two meanings of globalization: globalization as fact and process, and globalization as ideology and contested policy. What is the primary and neutral meaning of globalization as is applicable to anthropology?

• A) promotion of the interests of multinational corporations at the expense of farmers and workers
• B) the efforts by international financial powers to create a global free market for goods and services
• C) the impact of the world on the rest of the universe
• D) the spread and connectedness of production, communication, and technologies across the world
• E) the opposition of global free trade

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the amount of the good that consumers are willing to purchase at that price.

Transportation Algorithm

A mathematical optimization approach to solving problems related to logistics and the allocation of resources.

Subcontracting

The practice of assigning parts of a contract or job to other parties or firms to specialize in those components.

Back Orders

Orders for products that cannot be filled at the current time due to lack of stock, and are therefore delayed until the stock is replenished.