1) Strong motivation to earn a profit a) Economic  b) Socialist c) Capitalist d) Traditional  e) Communist f) Globalization 2) Based on a classless society in which the government takes the results of their labor and distributes it to the people according to their needs. a) Capitalist b) Economic c) Traditional d) Socialist e) Globalization f) Communist 3) The factors of production are owned equally by each citizen in a country, region, or community. a) Socialist b) Capitalist c) Traditional d) Communist e) Economic f) Globalization 4) What is the most widely exported product? a) Food b) Fuel c) Weapons d) Electronics e) Medical f) Labor 5) The Western world underwent a major growth in inter-national connectivity as a result of four emerging technologies: trains, steamships, the telegraph, and the postal system. a) The Early Voyages b) The Modern Age of Globalization c) Exploration and Colonization d) The Age of Transnational Integration e) Globalism f) Globalization 6) This kind of economy rely on agriculture, fishing, hunting, and gathering. a) Communist b) Capitalist c) Traditional d) Socialist e) Economic f) System 7) His voyage to the New World paved the door for European colonization and exploitation of the Americas. a) Christopher Columbus b) Roberto Azevedo c) Karl Marx d) Thomas Hobbs e) Appadurai f) Skinner 8) Studies also suggest that globalization may contribute to income disparity and inequality between the more-educated and less-educated members of a society. a) True b) False

Contemporary World

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