The Global Economy: Advantages, Expansion & Impact


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What is defined as the economic mixing and interdependence of economies across the world through an escalation of cross-cultural movement of goods, services, technologies and wealth?

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1. What is defined as large-scale departure of companies, assets, and wealth from a country due to economic instability or the opportunity for cheaper production?

2. Exporting is the act of

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About This Quiz & Worksheet

This quiz and worksheet can help find out what you know about features of the global economy. You will be quizzed on terms like capital flight and economic globalization.

Quiz & Worksheet Goals

Use this worksheet and corresponding quiz to review:

  • The act of exporting
  • Arguments against economic globalization
  • Features of economic globalization
  • Capital flight

Skills Practiced

This quiz and worksheet combo helps you practice the following skills:

  • Information recall - access the knowledge you have gained regarding capital flight
  • Knowledge application - use your knowledge to answer questions about the act of exporting
  • Interpreting information - verify that you can read information regarding economic globalization and interpret it correctly

Additional Learning

To learn more about economic globalization, explore the lesson called The Global Economy: Advantages, Expansion & Impact. This lesson covers the following objectives:

  • Determine what economic globalization is
  • Examine arguments against economic globalization
  • Define export
  • Understand characteristics of capital flight
  • Compare and contrast exports and imports