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What are two major benefits of globalization?
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Economic growth and cultural benefits, such as improved living standards, healthcare, education, literacy, and global human rights movements.
What aspect of globalization is highlighted by resistance movements as contentious?
The complex impacts of global interconnectedness, showing both its benefits and its negative aspects.
How is globalization viewed by critics in terms of its impact on developing countries?
As a new form of imperialism, where multinational corporations exploit labor in developing countries.
What is one reason multinational corporations are criticized by anti-globalization movements?
For exploiting labor in developing countries.
How has increased global interconnectedness through globalization benefited human rights?
It has fostered global human rights movements.
How has China resisted globalized culture?
By banning Western social media sites like Facebook and Twitter and developing local platforms like Weibo.
What is a significant criticism of the policies promoted by international economic institutions like the World Bank and IMF?
That these policies marginalized global South populations for the benefit of the global North.
What impact does globalization have on local economic decisions?
It challenges and undermines local economic decisions in favor of a global order.
Why does China control the spread of information through local social media platforms?
To prevent Western ideas from influencing its population.
What were the primary goals of the Breton Woods Conference in 1944?
To create a post-war economic order via the World Bank and the IMF aimed at reconstructing Europe and promoting economic growth.
By how much did the world’s economic output increase in the 20th century?
40 times
What is the main criticism regarding the distribution of globalization's benefits?
That the benefits are not evenly distributed, favoring the global North at the expense of the global South.
What was 'The Battle for Seattle' in 1999?
A large anti-globalization protest formed against the World Trade Organization's meeting, marking the beginning of a larger movement.
What major global transformation has taken place since 1900 impacting the economy and culture?
Globalization
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