Deck 12: Creating a Global Economy

Question 1

What was the first new development in transportation instituting a convergence of space-time?

A) fire
B) wheel
C) steam engine
D) telegraph

Answer 1

B

Question 2

What was the easiest way to move people and goods long distances for many centuries?

A) horse cart
B) sailing ships
C) air balloon
D) on foot

Answer 2

B

Question 3

When the compass was invented and improved the accuracy of maritime navigation, what especially enabled the expansive maritime empires of the colonial period?

A) reduced cost of navigation
B) increased speed of ships
C) decrease in labor on ships
D) increased cost of transportation

Answer 3

A

Question 4

What type of cities were particularly transformed by the growth of global maritime trading?

A) capital cities
B) European cities
C) port cities
D) colonial cities

Question 5

Why is economic activity concentrated in coastal regions?

A) for 500 years long-distance trade occurred by sea
B) coastal areas have long had cosmopolitan cultures
C) people prefer the aesthetic of being near the ocean
D) coastal areas are preferable since they are so flat

Question 6

What type of goods did the earliest cargo of long distance maritime global trade carry?

A) bulk clothing
B) wheat
C) luxury items
D) coal

Question 7

What invention closed the age of sailboats and further shrank the net of space-time?

A) rail
B) steam ships
C) river barges
D) flight

Question 8

What part of the transportation network was served by the construction of canals and railroads?

A) overland
B) international
C) overnight
D) intercontinental

Question 9

Space-time convergence can bend physical space, bringing cities closer. Alternatively, _____ transportation connections can _____ the physical distance between two cities.

A) extra; extend
B) old; reduce
C) élite; defy
D) poor; increase

Question 10

What economic good is most likely to be transported by air?

A) coffee
B) bananas
C) flowers
D) oil

Question 11

Because of the affordable cost of air freight, high-demand perishables like seasonal fruits and vegetables are often grown in the _____ hemisphere, and shipped to where the opposite hemisphere is experiencing _____.

A) Northern; drought
B) Southern; winter
C) Western; summer
D) Eastern; flooding

Question 12

What was inaugurated by the Columbian Encounter of 1492?

A) regional empires
B) global economy
C) age of steam
D) species collapse

Question 13

What was part of the second wave of globalization?

A) lower tariffs
B) telegraph
C) railways
D) all of the above

Question 14

What industry was a major component of space-time convergence from the 1500s to the 1800s?

A) forced labor migrations
B) transportation
C) manufacturing
D) gold and silver mining

Question 15

What city was the pivot of the international trading system during the period from 1865 to 1914?

A) Lisbon
B) New York
C) Madrid
D) London

Question 16

What occurred following the end of World War II?

A) economic depression
B) political disintegration
C) economic integration
D) political protectionism

Question 17

What item was the center of several decisions made between 1968 and 1970 by the International Organization of Standardization to create global standards for its size, markings, and other fittings?

A) rail car
B) air cargo
C) container ships
D) shipping containers

Question 18

What has enabled the Global Shift in manufacturing from developed countries to developing countries?

A) low cost labor
B) low cost transportation
C) routine manufacturing processes
D) all of these

Question 19

What is NOT an example of a global production chain?

A) Apple products are designed in the US and assembled in factories in urban China.
B) European retailers contract with local textile factories in low-wage areas like Vietnam.
C) Blueberries are produced in summery Chile to meet demand during US winter season.
D) Dairy farms truck fresh milk daily to an immediate surrounding regional market.

Question 20

What is an argument against Thomas Friedmann's assertion that the world is flat?

A) The world is tectonically active with several mountainous and basin areas.
B) Globalization is not complete yet, and only in the future will the world be flat.
C) Only some of the world is flat, instead some parts are more or less smooth.
D) Globalization brings unique competitive advantages into an equal playing field.