Major Drivers of Globalization & Institutions that Shaped the Process


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How can technological innovation help a company become globalized?

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1. Which of the following is a key driver of globalization?

2. If one country wanted to limit the importing of U.S. potatoes and commercialize their own potatoes for a given restaurant chain, how would the World Trade Organization probably react?

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About This Quiz & Worksheet

This quiz will assess your understanding of how economies around the world have become integrated due to the processes of globalization. Practice problems will review factors behind its growth as well as the institutions that help foster its development.

Quiz & Worksheet Goals

This assessment will review:

  • The definition of globalization
  • What drives globalization
  • Institutions that positively impact globalization

Skills Practiced

  • Making connections - use understanding of the concept of globalization
  • Critical thinking - apply relevant concepts to examine the importance of infrastructure in a different light
  • Information recall - access the knowledge you gained regarding institutions that encourage international trade

Additional Learning

To review information about the institutions that drive globalization, read through the lesson on Globalization Drivers & Influential Institutions. This lesson will help you:

  • Describe globalization
  • Identify the key drivers of its proliferation
  • Name the financial institutions that allow globalization to flourish