Globalization is the process of increasing interconnectedness and interdependence between countries and peoples. It is driven by a variety of factors, including advances in transportation and communication technology, the growth of multinational corporations, and the spread of democratic values.

Risk Aversion is not a cultural dimension identified by Geert Hofstede. The four cultural dimensions identified by Hofstede are Power Distance, Individualism vs. Collectivism, Masculinity vs. Femininity, and Uncertainty Avoidance.

Diffusion is the term used to describe the process by which elements of one culture are adopted by another culture. This can occur through a variety of mechanisms, such as trade, travel, and migration.

Globalization is often criticized for leading to the loss of cultural diversity, increasing economic inequality, and undermining national sovereignty. However, it is also credited with promoting peace and understanding.

Intercultural communication is the term used to describe the process by which people from different cultures come to understand and appreciate each other's perspectives. It involves learning about each other's cultures, values, and beliefs.

Isolationism is not a common strategy for promoting intercultural communication. Education, travel, and media are all common strategies for promoting intercultural communication.

Cultural hegemony is the term used to describe the process by which a culture becomes more dominant than other cultures in a region. This can occur through a variety of mechanisms, such as economic power, military power, or cultural influence.

The preservation of traditional cultures is not a common example of cultural hegemony. The spread of American popular culture, the dominance of English as a global language, and the rise of Western values and norms are all common examples of cultural hegemony.

Cultural convergence is the term used to describe the process by which cultures become more similar to each other. This can occur through a variety of mechanisms, such as trade, travel, and migration.

Isolationism is not a common driver of cultural convergence. Globalization, technology, and education are all common drivers of cultural convergence.

Cultural integration is the term used to describe the process by which people from different cultures come to share a common identity. This can occur through a variety of mechanisms, such as intermarriage, shared experiences, and common values.

Economic inequality is not a common challenge to cultural integration. Language barriers, cultural differences, and political instability are all common challenges to cultural integration.

Cultural coexistence is the term used to describe the process by which people from different cultures come to live together in harmony. This involves respecting each other's cultures, values, and beliefs.

Isolationism is not a common strategy for promoting cultural coexistence. Education, media, and government policies are all common strategies for promoting cultural coexistence.

Cultural exchange is the term used to describe the process by which people from different cultures come to learn from each other and share their knowledge and experiences. This can occur through a variety of mechanisms, such as travel, education, and the arts.