1) This refers to the worldwide exchange of money, goods, and services as well as the socio-cultural changes that accompany increasing trade and human contact. a. imperialism b. social progress c. globalization d. homogenization 2) Which term refers to the political, economic, and cultural domination of countries in Asia, Africa, and the Americas by European countries starting in the 16th century? a. colonization b. globalization c. command economy d. global stratification 3) The “Four Little Asian Tigers†of Hong Kong, Singapore, South Korea, and Taiwan are considered a. First World countries b. Developing countries c. Newly industrialized countries (NICs) d. Third World Countries 4) Which answer is not consistent with globalization today? a. Economies are more interdependent. b. Economies are more intertwined. c. An exception to globalization is the fruits and vegetables we often eat. d. The power of individual nation-states to determine their own economic, political, and cultural destinies is declining. 5) What has global development’s impact been on the gap between rich and poor around the world? a. increased the gap dramatically b. lessened the gap dramatically c. increased the gap slightly d. lessened the gap slightly 6) When different countries are positioned within a global ranking system, those countries are, by definition, a. colonized. b. stratified. c. globalized. d. systematized. 7) This type of economy refers to the state managing the production and distribution of goods. a. market b. command c. global d. capitalist 8) Which statement below reflects a critique of First World, Second World, and Third World terminology? a. They have a western bias. b. There is no assumption that the First World is the gold standard. c. This terminology fails to see how Second and Third World countries are lagging behind First World countries. d. Third World countries should work up to First World status. 9) Contemporary sociologists prefer to use the term _______________over the term Third World. a. Globally Oppressed b. Global South c. South World d. Fourth World 10) The terminology associated with “development” is problematic for the following reasons except a. it has a western bias. b. the term “underdeveloped” suggests the lack of any economic talent or exposure. c. the term “underdeveloped” implies that some countries are lesser than others. d. the term “developing” reflects the natural development of any nation. 1