Итоговая работа по теме "Globalization"

Globalization is much spoken nowadays. It is a process closely connected with every country because _________________ and cultures have become integrated through network of communication, transportation and trade. Globalization is being driven by a combination of economic, technological, socio-cultural, political and biological factors. Globalization has various aspects which affect the world in several different ways:

• industrial
• financial
• economic
• health policy
• political
• informational
• competition
• cultural
• social
• technical
• legal
• ethnical
• religious

Globalization connects with different spheres of people’s life such as

• economy
• politics
• technology
• socio-culture
• biology (environment)
• languages
• popular culture

The main drivers of globalization are:

• cost factors. Companies are looking for _______________ and manufacturing costs to enable them ___________________ .
• market factors. Companies need to establish _______________ because customers are also global.
• technology factors. The Internet makes ___________________ easy for manufactures. ____________________ allows employees to keep in touch all over the world.
• global business cycle.

If a company wants to trade in the world it has to have its own strategy: that is import/export/franchising/licensing/joint venture/etc.

There are _______________________________ that promote trade:
WTO (World Trade Organization)
IMF (International Monetary Fund)
World Bank

Political strategy of the country

Politicians take an active part in the process of globalization. They try to protect ___________ and ___________________ who already have a job and they take measures to protect ___________ . They will make their labour market more flexible.

Economical globalization

The integration of national economies into the international economy through trade; ______________ ; capital flows; migration and the spread of technology.

Cultural sphere

Along with globalization of economies and trade culture is being imported and exported as well. The stronger, bigger countries can overrun the other smaller countries’ cultures, leading to those customs and values fading away.

But the process of globalization has some negative effects too. Globalization has increased inequality and ______________________, lowering the quality of life. A lot of governments act for the good only of multinational corporations. As a result “free trade” will result in strengthening the power of industrialized nations. Corporations impose a kind of “global monoculture”.

Exercises

1.1. Match the two parts of each phrase and complete the text.

1. regional 2. cheaper 3. to stay 4. a global 5. supply chain 6. mobile 7. international 8. the job 9. social 10. national 11. foreign direct 12. environmental

competitive investment economies security labour organizations business presence communication costs benefits of people degradation

1.2. Match the words in the box with their definitions below.

1. the idea that the world is developing a single economy and culture as a result of improved technology and communications and the influence of very large multinational companies _______________________
2. the modern world in which all countries depend on each other and seem to be closer together because of modern communication and transport systems ________________________
3. the slow increase in the temperature of the Earth caused partly by the greenhouse effect increasing the amount of carbon dioxide in the atmosphere ________________________
4. a system by which a country’s trade, industry and money are organized ________________
5. the ideas and activities involved in getting power in a country or over a particular area of the world __________________
6. activities involving music, literature and other arts _________________________________
7. the organization that encourages countries to work together in order to solve world problems such as war, disease and poverty _________________________
8. the process by which regional economies and cultures have become integrated through network of communication, transportation and trade.

 1.3. Answer the questions.

1. What is globalization?
2. What spheres of people’s life does globalization affect?
3. What are the main drivers of globalization?
4. What international organizations that promote trade do you know?
5. What is “the global village”?
6. What are the strong and weak points of globalization?

1. Биболетова М.З. “Enjoy English”. Учебник для 11 класса общеобразовательной школы. Издательство “Титул”. 2009.
2. Wikipedia.
3. www.macmillandictionary.com