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B. True or False. Identify whether the statement is correct or not. Write True if it is
correct, False if not.
False 1. Today’s globalization, relatively, has more disadvantages in comparison
to earlier wave of globalization.
True 2. During the Prehistoric Period, globalization was severely limited.
False 3. Globalization involves the macro-structures of a global community as its
basic coverage and concern.
True 4. Media empires generated and directed the extensive flow of culture.
False 5. Social justice ensures a basic equity in how both the burden and the
goods of society are distributed and that ensures that every person
enjoys a basically equal moral and legal standing apart from differences
in wealth, privilege, talent and achievements
False 6. The Roman Catholic teaching of globalization believes that the poor are
susceptible to the effects of environmental irresponsibility because they
live in countries where building materials and labor are expensive.
True 7. Social networking, social stretching, and controlled social exchanges and
activities are among the positive implications of globalization.
True 8. People engaging in buying and selling from other places in far-away
lands is an example of how globalization works.
False 9. Globalization processes occur on an objective, material level of human
consciousness.
True 10. Process of industrialization accelerated during the Modern Period.
C. Essay
Discuss the major ideological claims of advocates of globalism, and express your
point of agreement/disagreement. (5 points each)
1. Globalization is about the liberalization and global integration of markets.
Yes, it is true that globalization is all about liberalization and global Integration of markets. We
all can't globalize without restricting our barriers for trading and being one with whom we
globalize with. Well, to globalize is to evolve, global integration makes that happen because it
expands a market and results to integration with other market, it is called global integration
which can only happen if the same market liberalizes.