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5. today, globalization is being challenged around the world. there is …

Question

  1. today, globalization is being challenged around the world. there is discontent with globalization, and rightfully so. globalization can be a force for good: the globalization of ideas about democracy and of civil society have changed the way people think, while global political movements have led to debt relief and the treaty on land mines. globalization has helped hundreds of millions of people attain higher standards of living, beyond what they, or most economists, thought imaginable but a short while ago. the globalization of the economy has benefited countries that took advantage of it by seeking new markets for their exports and by welcoming foreign investment. even so, the countries that have benefited the most have been those that took charge of their own destiny and recognized the role government can play in development rather than relying on the notion of a self - regulated market that would fix its own problems.

but for millions of people globalization has not worked. many have actually been made worse off, as they have seen their jobs destroyed and their lives become more insecure. they have felt increasingly powerless against forces beyond their control. they have seen their democracies undermined, their cultures eroded.
if globalization continues to be conducted in the way that it has been in the past, if we continue to fail to learn from our mistakes, globalization will not only not succeed in promoting development but will continue to create poverty and instability. without reform, the backlash that has already started will mount and discontent with globalization will grow...
source: joseph e. stiglitz, globalization and its discontents, w. w. norton & co., 2003

  1. according to the first paragraph of source d, what are 2 ways globalization has been a force for good?

a.
b.

  1. according to the second paragraph, in what 2 ways has globalization made many worse off?

a.
b.

  1. according to the third paragraph, what will happen if globalization continues to be conducted in the way that it has in the past?

Explanation:

Response
Question 10
Brief Explanations

To answer this, we analyze the first paragraph. It says globalization of ideas about democracy and civil society changed thinking, global political movements led to debt relief/land reform, and it helped hundreds of millions attain higher living standards, and economies benefited by seeking export markets and foreign investment. We pick two.

Brief Explanations

From the second paragraph, we look for how globalization made people worse off. It states jobs were destroyed, lives more insecure, felt powerless, democracies undermined, cultures eroded. We pick two.

Brief Explanations

The third paragraph says if globalization continues as before and we don't learn from mistakes, it won't promote development, will create poverty and instability, and the backlash will mount with growing discontent.

Answer:

a. The globalization of ideas about democracy and of civil society have changed the way people think.
b. Globalization has helped hundreds of millions of people attain higher standards of living. (or other valid ones like "Global political movements have led to debt relief and the treaty on land mines" or "The globalization of the economy has benefited countries that took advantage by seeking new markets for exports and welcoming foreign investment")

Question 11