What is Globalisation / Globalization

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What is Globalisation (BE) / Globalization (AE)?: Some ideas…..
Find the correct definitions for the different terms!
1. westernisation (BE)
westernization (AE)
2. transnational corporation
3. sociocultural relations
4. phenomenon (pl: -ena)
5. multiculturalism
6. convergence
7. interdependence
8. monoculture
a. approach towards definite point, view, opinion,
b. people of several different ethnicities
c. connections concerning arts, manners, lifestyle
d. an appearance
e. business functioning in a global marketplace
f. a system with very low diversity
g. assimilation of Western culture
h. mutual dealings, relations, connections
Key: 1g, 2e, 3c, 4d, 5b, 6a, 7h, 8f
Economic globalisation – Collocations
trade singular!
 domestic vs. international
 Competitive: competition (n), to compete against/with sb.
 cross border trade, trade relation
 trade barrier: policy or regulation that restricts international trade
income singular!
 antonym: expenditure
 phrases: per capita income/income per head, a source of income
income from tourism
 Coll.: to redistribute, to boost / to increase; income tax, income gap
market








poor/booming/growing/free / thriving (grow vigorously) market
market price: a price at which sth. is offered for sale to the public
to come on the market
market value: the price at which sth. would be sold if offered publicly
to put sth. on the market
to be in the market for sth.: to be interested in buying sth.
to market (verb): to merchandise, to deal in
Idiom: to spot a gap in the market
Exercises:
1.
2.
3.
4.
5.
He _______________________ the market and made a fortune.
We______________ these computers worldwide.
Miners sell the diamond to the merchant to a price below its current market________.
The leaders agreed that breaking down trade _______________ would foster growth.
The country’s major _________________ is agriculture.
Key: 1. spotted a gap in 2. market 3. value 4. trade barriers 5. source of income
Syn.:(de-)priviation,
destitution – without
money or friends,
indigence, pauperism
Coll:abject/grinding/
extreme poverty
Idioms: a poor man’s sth sth that is not as good as
sth. else; poor as church
mice; dirt-poor – very poor
poverty line
To live below the
poverty line
poverty
Singular!
Adv.: poor
Adv: poor (inf.),
poorly (formal)
prosperity
Verb: to impoverish
Syn.: to deprive
Verb: to prosper
Syn. to be successfull, to
thrive
(antonym,
noun) Sing.!
Syn.: deficient in, povertystricken, penniless,
indigent, underprivileged
Adj: prosperous
Adv: prosperously
Syn: rich, thriving
Idioms „rich“: strike it rich –
to become suddenly rich; be
as rich as they come – to be
very rich; filthy rich (inf.) –
very rich
Slogan: Think globally act
locally!!
=> Think of the global situation and
do something about it at a local
level
Syn.: the whole
world, universe,
terrene
Syn.: world-wide,
universal,
extensive
globe
(noun)
Adj.: global
Coll.: to span the globe – to
spread all over the globe, all
parts/every corner of the
globe, globetrotter, global
player – a company that
works on international scale,
global village, global
domination
Coll.: global economy, global
market, globalisation, global
warming,….
Exercises:
1. Synonyms for being very rich
2. Synonyms for awful poverty
3. Form a sentence that includes the phrase “a poor man’s......”
4. Due to _____________ many environmental catastrophes are predicted.
5. Expression for global connection due to trade, communication, travel: ________
Key: 3. A plastic bag is a poor man’s suitcase (caution: very derogatory!) 4. global warming 5. global village
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