Study Guide Review

Unit 2

1. List some benefits and challenges of globalization:

1. A: Connectivity

1. B: Improved Standard of Living

1. C: Pandemics

1. D: Loss of Culture

2. The poorest countries in the world. These nations are characterized by having:

* Low levels of technological development

* High Birthrates

* Low per capita income.

• LDC : Lower Developing Countries

3. When members from one cultural group adopts the beliefs and behaviors of another group.

• Acculturation

4. What is the total knowledge, attitudes, and behaviors shared by and passed on by the members of a specific groups?

• Culture

5.What is the spread of ideas, innovations and patterns of behavior?

• Diffusion

6. These countries are the richest in the world, they have a high per capita income, and gross domestic product. High levels of industry and technology are often associated with these countries.

• MDC: More Developed Countries

7. How does climate play an important role in people’s decision to build cities?

Humans don’t like the climate to be really hot, or really cold. Generally humans like mild climates.

8. What is a major cause for the declining death rate of many of the world’s less industrialized nations?

• Improving health care

9.Explain how technology has helped create a global culture.

9A.

9B.

9C

10. Describe and give an example of a market economy.

10.A: Goods and services are determined through supply and demand; individual decisions on what to buy or sell

10. B. People are free to take part in any business, buy any product, or sell a legal product.

10: C. The United States : Pet Rock 1970: $3.95 the designer made $15 million

The perfect pet ! You never needed to let it out, fed it or tend to in in any way, and even better yet, they never died. These pets were just ordinary rocks obtained from a building supple store , but “where marketed like live pets. They came with a custom cardboard box, complete with straw and breathing holes.

** Individual decision making and supply and demand greatly influence basic economic decisions.

The Pet Rock