Chapter 2 Questions

• Why do people trade?


  To get goods and services unavailable at home, as well as to acquire better quality or less expensive goods.
• What are the pros of transnational corporations?


  Brings goods and services to places that need them as well as provides job opportunities to people who may not have a job otherwise.
• What are the cons of transnationals?


  Any money made goes back to the "home" country, the workers are paid very little and the working conditions are often very poor.
• How would media transnationals affect the identities of people around the world?


  Media transnationals would slowly invoke the same bias and opinion on issues and problems creating a single minded community. This would cause people to loose their own identity and opinions.
• What are the pros of transnational corporations?


  They have lots of money to create new and exciting media as well as the fact that many people enjoy the media that is created by these companies.
• What are the cons of media transnationals?


  They have too much control over the news media, too much cultural influence, and they do not use their power to display diverse cultures within their media.
• What force of globalization is essential for trade?


  Transportation
• What force of globalization is assisting in the movement of information?


  Communications technology (ie. the internet)
• What are the pros of media within globalization?


  News/events can be viewed by everyone across the globe as well as instantaneous information from other countries.
• What are the cons of media within globalization?

  Americanization, bias, and homogenizes commentary and coverage
• What is the impact of communications and media on diversity?


  It has caused a gradually widespread bias throughout different groups of people, creating a single minded or "single story" mindset, causing a loss of diversity and minority groups.