Socio 101 Midterm Exam Review

University of Cebu
Banilad Campus
Socio 101: The Contemporary World
Instructor: Neil Bryan N. Moninio
Name: _____________________________________ Date:_________________
Schedule: __________________________________ Score: _______________
MIDTERM EXAMINATION
General Instruction: The examination is good for one (1) hour only and is equivalent of 100 points. The questionnaire
consists of 8 pages. Read each question very carefully. A point will be deducted every erasure which includes
superimposition and white ink marks. A point will also be deducted for every question without any answer. An
additional 5 points will be given to students without any erasures. CHEATING IS A GROUND FOR EXPULSION.
Please refrain from talking, peeking nor glancing your classmates’ test papers. If you are caught doing such, it will be
construed as cheating and will be dealt with necessary repercussions.
Part 1 – Multiple Choice Questions (100 points)
Instruction: Read carefully and encircle the letter for your best answer to each question.
1. ________________ tried to address the different problems in the world. Their efforts were guided by the eight
Millennium Development Goals.
a. United Nation c. United National
b. United Nations d. United Nationals
2. The eight Millennium Development Goals were created in the _______________.
a. 1960s c. 1980s
b. 1970s d. 1990s
3. Among these eight goals, the eradication of extreme ____________ and _____________ ranked first.
a. Corruption: criminality c. maternal: health
b. Poverty: hunger d. child: mortality
4. In the Philippines, a person is officially living in poverty if he makes less than 100, 534 pesos a year, around
___________ pesos a day.
a. 255 pesos c. 275 pesos
b. 265 pesos d. 285 pesos
5. ___________________ is a condition characterized by severe deprivation of basic human needs including food,
safe drinking water, sanitation facilities, health, shelter, education, and information.
a. Extreme poverty c. universal primary education
b. gender equality and woman empowerment d. child mortality
6. Which among the following is not a reason why poverty declines?
a. better access education c. policies of international organizations
b. humanitarian aid d. climate change
7. The greatest contributor why extreme poverty is falling is _________________.
a. universal primary education c. economic globalization
b. gender equality and woman empowerment d. combating disease
8. __________________ means “a policy of systematic government intervention in foreign trade with the objective
of encouraging domestic production. This encouragement involves giving preferential treatment to domestic
producers and discriminating against foreign competitors.”
a. protectionism c. trade liberalization
b. economic globalization d. tariff and quota
9. ____________ are required fees on imports or exports.
a. quota c. tariff
b. tax d. trade protectionism
10. __________________and technological advances in transportation and communication means goods and services
move around the world more easily than ever.
a. free agreement c. free trade agreement
b. trade agreement d. trade free agreement
11. ______________ are the “single most transformative technology” when it comes to the developing world because
it gives people access to banking and payment systems and better access to education and information.
a. mobile phones c. internet
b. computer d. laptop
12. Economists call this _____________, the idea that countries skip straight to more efficient and cost-effective
technologies that were not available in the past.
a. shortcut c. leapfrogging
b. efficient skipping d. fair trade
13. _________________ has also created new opportunities for people to sell their products and labor in a global
market.
a. fair trade c. international trade
b. free trade d. local trade
14. _________________ is the “concern for the social, economic, and environmental well-being of marginalized
small producers”.
15. There are some significant downsides to globalize trade and perhaps the strongest argument against economic
globalization is its _____________________.
a. lack of probability c. lack of development
b. lack of availability d. lack of sustainability
16. __________________ the degree to which the earth’s resources can be used for our needs, even in the future.
a. lack of probability c. lack of development
b. lack of availability d. lack of sustainability
17. The development of our world today by using the earth’s resources and the preservation of such sources for the
future is called _________________.
a. sustainability development c. sustainable developmental
b. sustainable development d. sustainability developmental
18. The relationship between globalization and sustainability is multi-dimensional – it involves the ff.; except.
a. economical aspect c. physical aspect
b. political aspect d. technological aspect
19. The continuous production of the world’s natural resources, such as water and fossil fuel allowed humanity to
discover and innovate many things but also accelerated _________________.
a. global inequality c. climate change
b. sustainable development d. greenhouse gases
20. The continuous production of the world’s natural resources, such as water and fossil fuel allowed humanity to
discover and innovate many things but ________________ was not eradicated.
a. global inequality c. climate change
b. sustainable development d. greenhouse gases
21. This means that development, although beneficial at one hand, entails __________ on the other.
a. problem c. cost
b. disadvantage d. solution
22. Development, especially economic development, was hastened by the ____________________.
a. People Revolution c. Industrial Revolution
b. Civil Revolution d. People Power Revolution
23. ____________ means finding the quickest possible way of producing large amounts of a particular product.
a. sufficiency c. efficacy
b. efficiency d. efficacity
24. The earth’s atmosphere is damaged by more ___________ emissions from factories around the world.
a. oxygen c. hydrogen
b. carbon d. nitrogen
25. Harvey (2005) noted that neoliberals and environmentalists debate the impact of free trade on the environment.
Environmentalists argue that environmental issue should be given priority over ________________.
a. economic issue c. physical issue
b. political issue d. technological issue
26. ___________, through its emphasis on the expansion of manufacturing, is associated with environmental damage.
27. _______________ aimed at reduction of global carbon emissions.
a. Kanto Protocol c. Kyonto Protocol
b. Kyato Protocol d. Kyoto Protocol
28. In relation to the statement in no. 27, it failed to take off largely because it was not ratified by
the______________.
a. United Nation c. United Kingdom
b. United States d. United Nations
29. It is difficult to find alternatives to fossil fuels. For instance, the use of ____________ as an alternative to gasoline
has attendant set of problems – it is less efficient and it has led to an escalation in the price of corn, which
currently serves as major source of ______________.
a. gasoline c. ethanol
b. natural gas d. liquid petroleum gas (LPG)
30. Previous experience in dealing with environmental issues indicates that a ____________ of the problem is
required.
a. local view c. global view
b. hara-kiri d. glocalization
31. ______________ means delivering sufficient food to the entire world population.
a. food security c. feeding program
b. global food security d. global feeding program
32. ____________ means the sustainability of society such as population growth, climate change, water scarcity, and
agriculture.
a. food security c. feeding program
b. global food security d. global feeding program
33. The challenges to food security can be traced to the protection of the ________________.
a. society c. environment
b. government d. children
34. A major environmental problem is the destruction of natural habitats as follows, except.
a. deforestation c. industrial fishing
b. afforestation d. dynamite fishing
35. The decline of in the water supply is due to degradation of soil or ___________________.
a. soil poisoning c. soil erosion
b. desertification d. dissertation
36. _____________ people who are forced to migrate due to lack of access to water or due to flooding.
a. climate change c. climate referee
b. climate refrigerate d. climate refugee
37. ______________ through toxic chemicals has had a long-term impact on the environment.
a. pollution c. poisoning
b. population growth d. environmental revitalization
38. ______________ traps the sunlight and heat in the earth’s atmosphere, contribute greatly to global warming.
a. global warming c. climate change
b. greenhouse gases d. carbon dioxide
39. Ultimately, ____________ poses a threat to the global supply of food as well as to human health.
a. global warming c. climate change
b. greenhouse gases d. carbon dioxide
40. ______________and its attendant increase in consumption intensify ecological problems.
a. pollution c. poisoning
b. population growth d. environmental revitalization
41. The global flow of ______________ is another major concern, with electronic waste often dumped in developing
countries.
a. international capital c. dangerous debris
b. information d. water
42. The United Nations has set ________________________ as the second of its 17 Sustainable Development Goals
for the year 2030.
a. ending child mortality, promoting gender equality and woman empowerment and reducing child mortality
b. ending hunger, achieving food security and improved nutrition, and promoting sustainable agriculture
c. ending extreme poverty and hunger, giving universal primary education, and maternal health.
d. combating diseases, reducing child mortality, improving maternal health, and achieving food security.
43. _____________________ is the result of companies trying to outmaneuver their competitors. While the consumer
search for cheapest product to buy, companies are looking for cheap sources of material in making said product
which will in effect, the said product are often produced in countries with lowest wages and the weakest
regulation.
a. multiplier effect c. microcredit
b. trade globalization d. global income inequality
44. The abovementioned process creates winners and losers. The winners include __________ who earn more profit.
a. workers c. money lender
b. stockholders d. consumers
45. The abovementioned process creates winners and losers. The winner also includes ____________ who get
products at a cheaper price.
46. abovementioned process creates winners and losers. The losers are ____________ who used to make those
products.
47. The _____________ means an increase in one economic activity can lead to an increase in other economic
activities.
48. Investing in local businesses will lead to more jobs and more income. This is an example of ______________.
49. Opponents of economic globalization called the ____________ as exploitation and oppression, a form of
economic colonialism that puts profits before people.
a. overtime work c. child labor
b. outsourcing of jobs d. working in holidays
50. A few calls for protectionist policies like higher _____________ on outsourcing.
a. taxes and tariffs c. quota and taxes
b. free trade d. tariffs and limitations
51. Other focus on the foreign workers themselves by demanding they receive ______________ and more protection.
a. lower workload c. decrease work period
b. higher wages d. increase bonus and 13th month pay
52. The root of many arguments against economic globalization is that companies do not have to follow the same
_____________ they do in developed countries.
a. rules c. patterns
b. steps d. phases
53. In relation to economic globalization, some developing countries have no ________________.
a. anti-mendicancy law c. prohibition against drug law
b. minimum wage law d. anti-cheating law
54. Although nearly every country ban _________________, but not always enforced.
a. overtime work c. child labor
b. outsourcing of jobs d. working in holidays
55. The first step in order for the workers no longer be horribly mistreated is _________________.
a. improvement c. private awareness
b. economic globalization d. support from pro-globalization
56. The second step comes from those that ___________________.
57. The United States produces annual publication called the list of goods produced by child labor or forced labor. If
company is buying products from that list, they are likely to be blasted by officials and the media. This is an
example of _________________.
58. ___________________ has helped millions of people get out of extreme poverty but the challenge of the future is
to lift up the poor while at the same time keep the planet livable.
59. One of the best ways to help those in extreme poverty is to enable them to participate in the ______________.
a. rally c. election
b. mass migration d. economy
60. The process of giving small loans, on average around 100 US dollars, to low-income people in rural areas. The
borrowers, who are mostly female, often used the money to fund plans that could raise their income. For example,
they started small businesses.
61. _____________ refers to the net worth of a country. It takes into account all the assets of a nation – may they be
natural, physical, and human- less the liabilities.
a. income c. wealth
b. inequality d. wealth inequality
62. _____________ is the abundance of resources in a specific country.
a. income c. wealth
b. income inquality d. wealth inequality
63. In order to measure global inequality, economists usually look at income using the ________________.
a. Gross Domestic Production (GDP) c. Gross Domestic Product (GDP)
b. Gross National Production (GNP) d. Gross National Product (GNP)
64. ______________ is the new earnings that are constantly being added to the pile of a country’s wealth.
a. income c. wealth
b. inequality d. wealth inequality
65. Brank Milanovic (2011), an economist who specializes in global inequality, explained all this by describing an,
______________wherein the industrial revolution caused the differences among countries.
a. industrial bang bang c. economic bang bang
b. industrial big bang d. economic big bang
66. The poor are doing a little better and the rich are becoming richer due to global ______________.
a. capitalism c. capitalization
b. socialism d. socialization
67. Access to ______________ also contributed to worldwide income inequality. It complemented skilled workers
but replaced many unskilled workers.
a. internet c. mobile phones
b. computer d. technology
68. This is what economists referred to as ___________________. As a result, workers who are more educated and
more skilled would thrive in those jobs by receiving higher wages. On the other hand, the unskilled workers will
fall behind.
a. skill-based technological change c. education-based change
b. skill-based educational change d. education-based skill change
69. These terms date back to the Cold War, when Western policymakers began talking about the world as three
distinct political and economic blocs. The Soviet Union and its allies were termed _______________.
a. First world c. Third world
b. Second world d. Fourth world
distinct political and economic blocks. Western capitalist countries were labeled as the ______________.
distinct political and economic blocks. Everyone else was grouped into ______________.
72. The rural-urban ______________ has a significant relationship to globalization.
a. difficulty c. differentiation
b. dichotomy d. globalization
73. ________________ has deeply altered North-South relations in agriculture.
a. difficulty c. differentiation
b. dichotomy d. globalization
74. For instance, the relations of agricultural production have been altered due to the ruse of global ____________
and factory farms.
a. agricultural veterinary c. agricultural business
b. agricultural degradation d. agricultural deprivation
75. In this scenario, the __________ produces non-traditional products for export and become increasingly dependent
on industrialized food exports from the _____________.
a. farmers: consumers c. factory workers: grocery buyers
b. South: North d. West: East
76. As commercial agriculture replaces local provisioning, the relations of social production are also altered. Rural
economies are exposed to _____________ and mass migration.
a. danger c. typhoon
b. low prices d. Ponzi scheme
77. Sassen (1991) used the concept of ____________ to describe the three urban centers of New York, London, and
Tokyo as economic centers that exert control over the world’s political economy.
a. Third Worlds c. Global Souths
b. global cities d. globalization
78. Although __________ are major beneficiaries of globalization, Bauman (2003) claimed that they are also the
most severely affected by global problems.
a. Municipalities c. Cities
b. Provinces d. Countries
79. One of the two main explanations for global stratification is the _____________________.
a. Stratification Theory c. Modernization Theory
b. Globalization Theory d. Revolution Theory
80. This theory frames global stratification as a function of technological and cultural differences between nations. It
specifically pinpoints two historical events that contributed to Western Europe developing at a faster rate than
much of the rest of the world.
b. Globalization Theory d. Revolution Theory
81. The first event is known as the ________________.
b. Columbian Exchange d. Industrial Revolution
82. This refers to the spread of goods, technology, education, and diseases between the Americas and Europe after
Christopher Columbus’s so-called “discovery of the Americas.”
83. The Columbian Exchange worked out much less well, however, for ______________ whose populations were
ravaged by the diseases brought from Europe.
a. Native Indians c. Native Americans
b. Native Europeans d. Native Columbians
84. The second historical event is the _______________ in the eighteenth and nineteenth centuries.
85. This when new technologies, like steam power and mechanization, allowed countries to replace human labor with
machines and increase productivity.
86. ________________________ argues that the tension between tradition and technological change is the biggest
barrier to growth. A society that is more steeped in family systems and traditions may be less willing to adopt new
technologies and the new social systems that often accompany them.
87. According to the American economist _______________, modernization in the West took place, as it always
tends to, in four stages.
a. Walt Rostlow c. Walt Rostow
b. Walt Rustlow d. Walt Rustow
88. The _________________ primed Europe to take on a progress-oriented way of life in which financial success was
sign of personal virtue.
a. Roman Catholic Foundation c. Muslim Integration
b. Protestant Reformation d. Buddhism Collection
89. The first stage is __________________.
a. high mass consumption stage c. traditional stage
b. take-off stage d. technological maturity stage
90. This refers to the societies that are structured around small, local communities with production typically being
done in family settings.
91. Rostow’s second stage is the ______________________.
92. People begin to use their individual talents to produce things beyond the necessities. This innovation creates new
markets for trade. In turn, greater individualism takes hold and social status is more closely linked with material
wealth.
93. Next, nations begin what Rostow called the ___________________, in which technological growth of the earlier
periods begins to bear fruit in the form of population growth, reductions in absolute poverty levels, and more
diverse job opportunities.
94. Nations in this phase typically begin to push for social change along with economic change, like implementing
basic schooling for everyone and developing more democratic political systems.
95. The last stage is known as _____________.
96. It is when your country is big enough that production becomes more about wants than needs. Many of these countries
put social support systems in place to ensure that all of their citizens have access to basic necessities.
97. ______________, in general, argues that if you invest capital in better technologies, they will eventually raise
production enough that there will be more wealth to go around and overall well-being will go up.
98. Critics of ___________________ argues that, in many ways, it is just a new name for the idea that capitalism is the
only way for a country to develop. These critics point out that even as technology has improved throughout the world, a
lot of countries have been left behind.
99. This subject is_______________.
a. Socio 101: The Globalization c. Socio 101: The Globalizing World
b. Socio 101: The Contemporary World d. Socio 102: The Globalizing World
100. The author the said book is __________________________.
a. Ada Almira Retiza c. John Carl Dosdos
b. Prince Kennex Reguyal Aldama d. Dennis Caratiquit

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