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2 cards from this section. Quick, good the night before a test.
What does the term globalization refer to?
Think of how countries influence each other nowadays.
Define liberalization.
Consider the changes in economic policies in India since 1991.
What does globalization primarily involve?
Think about how you can access products from around the world.
True or False: Globalization only benefits urban areas.
Consider the impact on farmers vs. urban consumers.
Evaluate the benefits and drawbacks of globalization on local economies, providing a detailed explanation.
Think about how globalization positively and negatively influences small vs. large businesses.
Discuss how historical forms of globalization differ from modern globalization, using examples from both contexts.
Draw comparisons between the Silk Road and today's digital economy.
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