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himu
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Harvard professor Theodore Levitt is first credited with
using the term "globalization" to refer to the global
streamlining of economic, cultural, religious, and social
systems. The concept of globalization has been popular with
(5) economists since the early 1980s, but it was not until the mid
1990s that it became a part of public consciousness. The
primary effects of globalization are recognizable in the
emergence of worldwide production markets, the realization
of a global economy based on the freedom of exchange of
(10) goods and capital, and the creation of an international
government that regulates the business relationships among
nations and safeguards rights related to social and economic
globalization, among others. Public attitudes towards these
effects are divided.
(15) Supporters of globalization maintain that free trade boosts
the economy and that it increases opportunity among
developing nations by improving civil liberties and leading to
a more efficient allocation of resources. In general,
supporters claim that free trade leads to higher employment
(20) rates, greater output and a higher standard of living,
including a higher level of material wealth. Critics of
globalization are primarily concerned with the damage
caused by the perceived unsustainable environmental
practices and with the perceived human costs including
(25) injustice, inequality, and the decline of traditional cultural
values. The critics of globalization point out that
globalization is a process mediated by corporate-and not
human-interests, so while corporations might benefit
economically from being globally connected, these
(30) relationships do not have an overall positive impact on the
world's people and its environment. While corporations
might benefit from a global market, critics point out that the
poor and working classes do not benefit from such global
connectedness, and the health of the environment is in
(35) decline because globalization encourages unsustainable
production practices.
It can be inferred from the passage that critics of globalization believe that if globalization were a process mediated by human interests:
Choices
A
the economic benefits would surpass what has been achieved so far.
B
more attention would be given to underprivileged communities and environmental issues.
C
the overall impact on the world's people would be negative.
D
opportunities among developing countries would decrease.
E
free trade would boost employment rates.
====================================================================
OA after a few thoughts...thanks
using the term "globalization" to refer to the global
streamlining of economic, cultural, religious, and social
systems. The concept of globalization has been popular with
(5) economists since the early 1980s, but it was not until the mid
1990s that it became a part of public consciousness. The
primary effects of globalization are recognizable in the
emergence of worldwide production markets, the realization
of a global economy based on the freedom of exchange of
(10) goods and capital, and the creation of an international
government that regulates the business relationships among
nations and safeguards rights related to social and economic
globalization, among others. Public attitudes towards these
effects are divided.
(15) Supporters of globalization maintain that free trade boosts
the economy and that it increases opportunity among
developing nations by improving civil liberties and leading to
a more efficient allocation of resources. In general,
supporters claim that free trade leads to higher employment
(20) rates, greater output and a higher standard of living,
including a higher level of material wealth. Critics of
globalization are primarily concerned with the damage
caused by the perceived unsustainable environmental
practices and with the perceived human costs including
(25) injustice, inequality, and the decline of traditional cultural
values. The critics of globalization point out that
globalization is a process mediated by corporate-and not
human-interests, so while corporations might benefit
economically from being globally connected, these
(30) relationships do not have an overall positive impact on the
world's people and its environment. While corporations
might benefit from a global market, critics point out that the
poor and working classes do not benefit from such global
connectedness, and the health of the environment is in
(35) decline because globalization encourages unsustainable
production practices.
It can be inferred from the passage that critics of globalization believe that if globalization were a process mediated by human interests:
Choices
A
the economic benefits would surpass what has been achieved so far.
B
more attention would be given to underprivileged communities and environmental issues.
C
the overall impact on the world's people would be negative.
D
opportunities among developing countries would decrease.
E
free trade would boost employment rates.
====================================================================
OA after a few thoughts...thanks
