Sports and Society 2025 – 400 Free Practice Questions to Pass the Exam

The term that describes the process through which financial capital and cultural practices flow across political borders is globalization. This concept reflects the interconnectedness of economies, cultures, and societies in an increasingly global market and the exchange of goods, services, ideas, and cultural norms on a worldwide scale.

Globalization encompasses various aspects such as trade, communication, and migration, leading to a more integrated world where local practices can be influenced by global trends. This process impacts various sectors, including sports, where international competitions, sponsorships, and cultural exchanges occur regularly.

Internationalism focuses more on the political cooperation between countries, while transnationalism specifically highlights the connections and networks that transcend national boundaries, often emphasizing people's movements rather than capital and cultural exchange. Multiculturalism refers to the coexistence of diverse cultures within a society but does not inherently involve the cross-border flow of financial and cultural practices. Thus, globalization is the most encompassing and accurate term for the phenomenon described in the question.