📚 Learning Guide
Globalization and Cultural Exchange
hard

How does media influence the economic impact of globalization through global networks?

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Choose the Best Answer

A

Media creates cultural homogeneity that enhances global trade.

B

Media promotes local cultures which undermine global markets.

C

Media has no significant effect on globalization's economic impact.

D

Media only influences developed countries in global networks.

Understanding the Answer

Let's break down why this is correct

Answer

Media plays a significant role in shaping how we understand globalization and its economic effects. Through global networks like television, the internet, and social media, information about products, cultures, and markets spreads quickly across borders. For example, when a popular show from one country is streamed worldwide, it can create demand for local products and services in that country, boosting its economy. Additionally, media can influence consumer preferences and trends, leading to increased trade and investment between countries. Overall, by connecting people and ideas, media helps drive the economic changes that come with globalization.

Detailed Explanation

Media helps spread similar ideas and products around the world. Other options are incorrect because Some might think media only supports local cultures; It’s a common belief that media doesn’t matter much.

Key Concepts

Media Influence
Economic Impact of Globalization
Global Networks
Topic

Globalization and Cultural Exchange

Difficulty

hard level question

Cognitive Level

understand

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