lesson 9 - test revision

Download Lesson 9  - Test Revision

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  • 1. Test Revision Lesson 9
  • 2. Vocabulary Worksheet Answer (Matching)
    • 1. capital market G.
    • 2. capital raising D. /
    • 3. labour market E.
    • 4. production cost J.
    • 5. commodity market F.
    • 6. marketing A. /
    • 7. consumer L.
    • 8. contract manufacturer B.
    • 9. loophole N.
    • 10. exploit C.
  • 3. Vocabulary Worksheet Answer (Matching)
    • 11. wage H.
    • 12. violate Q.
    • 13. human rights O.
    • 14. sweatshop I.
    • 15. interdependent S.
    • 16. economic downturn M.
    • 17. import K.
    • 18. export T.
    • 19. purchasing power P.
    • 20. external factor R.
  • 4. Revision Unit 1 What is globalization?
  • 5. What are the characteristics of globalization?
    • 1. Contacts between regions are more frequent
    • 2. Borders ( ) between regions are less obvious ( )
    • 3. People, organizations and communities in different regions are more closely related and have greater influences on each other
  • 6. Are there any consensus ( ) on the extent of globalization?
    • No, different people have different views.
    • E.g. some think that the Filipino domestic helpers are very globalized because these helpers work in different Asian countries;
    • Some think that the Filipino domestic helpers are not related to globalization because most of these helpers work in Asia only.
  • 7. Revision Unit 2 What promotes globalization?
  • 8. Factors driving globalization
    • 1. Transportation
    • 2. Communication technology
    • 3. TV broadcasting
    • 4. The Internet
  • 9.
    • 1. Transportation
    • Shortens regional distance
    • Promotes international division of labour
  • 10.
    • 2. Communication technology
    • Strengthens international communication
    • Promotes international trade and increase capital mobility ( )
  • 11.
    • 3. TV broadcasting
    • Makes peoples tastes in certain products become identical ( ) disregard of their country of origin
    • Enhances our knowledge of the world and provides us with first-hand information
  • 12.
    • 4. The Internet (Interactive medium )
    • Greatly speeds up the transmission ( ) of information
    • Links up people from different places and strengthens their interaction
  • 13. Revision Unit 4 Economic globalization
  • 14. Concepts
    • Multinational corporation ( )
    • Manufacturer ( ) /
    • Contract manufacturer ( )
  • 15.
    • Retail shop ( )
    • Production base ( ) / production line ( )/ factory ( )
  • 16. How do multinational corporations benefited from economic globalization?
    • The production costs can be dramatically reduced by setting up the production line in developing countries which have relatively low wages and rents .
    • Distributing production line across different countries can reduce investment risk .
  • 17. Three different aspects of economic globalization
    • 1. Globalization of capital market ( )
    • More and more private enterprises and governments have started to raise capital overseas
    • Restriction on capital flows have become more relaxed
    • Investors have brought invaluable capital to developing countries
    • 2. Globalization of labour market ( )
    • More and more multinational corporations have moved their production procedures to other production bases in overseas countries
    • Increase job opportunities for workers in developing countries
    • 3. Globalization of commodity market ( )
    • A lot of enterprises are now selling their products to overseas markets instead of just focusing on the local markets
    • Consumers can purchase products from places around the world
  • 18. What is a sweatshop?
    • People call some factories sweatshops where workers are badly exploited ( ).
    • Some manufacturers would take advantage of the loopholes ( ) in the labour policies ( ) in developing countries.
    • They would try their best to reduce production costs by reducing wages and extending working hours .
  • 19. Next lesson
    • Lesson observation
    • Continue with Task 1 (The globalization of McDonalds) p.42-44