December 11, 2020

which statement best describes how globalization connects the world?

In many of the counties, globalization increases inequality among people. 1.1.72. Top Answer. d. Countries that participate in globalization enjoy an average 20 percent annual growth rate. What are the most likely reasons a US corporation would open a factory in China? One way to measure economic growth is by using GDP, which stands for. Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.Countries have built economic partnerships to facilitate these movements over many centuries. Why does he do this? Why did Japan expand to other parts of Asia and the Pacific? D. Many have lost jobs because companies offshored their production. c. The world is becoming smaller and people more similar. Which statement best describes why the value of the car is a function of the number of years since it was purchased? Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information.Countries have built economic partnerships to facilitate these movements over many centuries. Explanation: the trend toward a world that is more interconnected by technology, trade, and travel. The world is becoming more globalized and connected. Like, the Greek culture is being spread over Africa, Asia, and Europe which can be seen in the cities having the name of Alexander in Africa, Turkey, and Egypt. Find evidence for your reasoning, What was the Columbian Exchange was all about including whom it was named after what goods were trade and what countries were involved, The belief that one's culture is superior to other cultures is known as, An artist who studied Michelangelo and Leonardo ways of Art was A, Giovanni Boccaccio B, Donatello C, Raphael Sanzio, Why does the cartoonist equate the constitution with the dome of federal building. Globalization helps create new forms of transportation, communication, and technology. Massive amounts of information and data are available via the World Wide Web, and there is rarely a question that cannot be answered with a search engine. But the term gained popularity after the Cold War … I agree with this statement, because multinationals succeed as a result of the interconnectedness that is brought about by globalization Explanation: Multinationals are able to develop connections between national economies, and in this way, this makes it possible to operate in many countries, thus enhancing their levels of growth and profitability a. "The increasing unification of the world's economic system" best describes Globalization. b. Corporations in developed nations can gain a competitive edge through globalization. You have questions? China is shifting toward specialization in industry and services and away from agriculture. As it is used and understood today, however, globalization is about much more than the total scope of contact; it references the speed and scale of such contact. Globalization The International Monetary Fund and the World Bank are both examples of _____ that help govern the global business system. Which statement best describes how globalization is affecting the world? Globalization has the potential to improve the world’s economy, while also exploiting poorer nations and their environments. Globalization helps create new forms of transportation, communication, and technology. Which statement best describes how globalization is affecting the world? World trade has increased by approximately 7 percent since 1945 following the acceleration of globalization. Globalization has allowed people to understand the cultures, ideas and beliefs of different parts of World. Figure 3 shows how carbon dioxide emissions have increased, relative to what might have been expected, based on the trend line for the years prior to when the Kyoto protocol was adopted in 1997. The digital economy, in its infancy during the third wave of globalization, is now becoming a force to reckon with through e-commerce, digital services, 3D printing. The development of a world governmentc.Increasing U.S. trade with Chinad. Which statement best describes how globalization connects the world? The World Bank states that there have been three 'waves' of globalization. Technological globalization: the phenomenon by which millions of people are interconnected thanks to the power of the digital world via platforms such as Facebook, Instagram, Skype or Youtube. Which statement best describes how globalization connects the world? Which statement best describes how globalization connects the world? Connect. What is sustainability innovation? D) globalization is not a "natural" process. The development of a world government c. Increasing U.S. trade with China d. Ease of communications due to the internet "The increasing unification of the world's economic system" best describes Globalization. Information technology has played a significant role in making this understanding easier. Globalization helps create new forms of transportation, communication, and technology best describes how globalization connects the world. Countries are growing less likely to trade with one another. a condition by which different things rely on each other for support. Check all that apply. Geographic globalization: is the new organization and hierarchy of different regions of the world that is constantly changing. Globalization has affected the environment both positively and negatively. Added 26 days ago|11/8/2020 2:53:19 PM In a world increasingly dominated by two global powers, the US and China, the new frontier of globalization is the cyber world. The Silk Road which was made to encourage trade between China and the countries around the Mediterranean Sea will not only flourish the trade between these countries but at the same time also allow the e… © 2020 Education Expert, All rights reserved. 10) All of the following are arguments against globalization, EXCEPT A) policies of globalization increase the differences between rich and poor in the world. b. B) globalization is dangerously unstable. The increasing unification of the world's economic systemb. d. Economic disparity is becoming less pronounced. But the term gained popularity after the Cold War … Improved Technology in Transportation and Telecommunications Understood in this way, globalization is a modern phenomenon; it is not just how many places are conn… Globalization mandates new forms of … Cultures are also being spread without confining to political boundaries. Let's look at the positives and negatives of globalization, and you can decide for yourself whether or not it is the best thing for our world. The correct answer is 2: The world is becoming more globalized and connected. Which of the following best describes the effect globalization has had on some American and Canadian workers? This paper will examine both positive and negative contributions of globalization to economic, social, political, and biotic environment in the world. Which best describes the effect of globalization on China's economy? Globalization is the spread of products, technology, information, and jobs across nations. a. Which statement most accurately represents the concept of globalization? A: Each car value, y, is The correct answer to this question is "Globalization expands old forms of transportation, communication, and technology." Which best describes how globalization connects the world? Countries that export goods pay lower transportation fees and have a competitive edge. Many are employed by foreign companies manufacturing in North America. Globalization helps create new forms of transportation, communication, and technology. e. b. 1.1.72. There is a heated debate about the true effects of globalization and if it really is such a good thing. Globalization has resulted in fewer connections among countries. a. Globalization is … B) The world is becoming more globalized and connected. Log in for more information. Ask question Login Sign up A) Globalization is growing less important as time passes. Globalization helps create new forms of transportation, communication, and technology. c. The world is becoming smaller and people more similar. outsourcing. This chapter has shown that contact has existed across disparate locations throughout much of human history. Globalization is growing less important as time passes. Countries are … Which best describes the effect of globalization on China's economy? Corporations in developed nations can gain a competitive … a. b. Which statement best describes how globalization connects the world Globalization helps create new forms of transportation, communication, and technology. The cell phone connects peoples of all over the world and that too at multimedia level. The world is becoming smaller and more diverse. Difficulty: 1 Question ID: 1.1.72 Page Reference: 29 Cultural beliefs are becoming more distinct. C. Many must pay higher prices charged for imported goods. Globalization is growing less important as time passes. McDonald's in Japan, French films being played in Minneapolis, and the United Nations are all representations of globalization. *** B. The world is becoming more globalized and connected. How have airplanes changed the way the world does business? This answer has been confirmed as correct and helpful. The business practice of hiring workers in another country is known as, Purchasing power parity is used to compare the gross domestic product between. The statement that best describes how globalization connects the world is that Globalization expands old forms of transportation, communication, and technology. Which statement best describes how globalization is affecting the world? Globalization open markets to freely trade and lower price due to higher competition. Cultural beliefs are becoming more distinct. New answers. The term “globalization” is not simply a verbal shortcut for talking about contact, transmission, and transportation on the global scale. Globalization has resulted in fewer connections among countries. Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place. Recent improvements in ______________ have increased the pace of globalization. We got answers! Which statement most accurately represents the concept of globalization? The images show the cost of the same bike in the United States and Britain. Many have had emigrate to follow jobs that were moved overseas. d. Economic disparity is becoming less pronounced. Ease of communications due to the internet. Check all that apply. As people spread throughout the world, Math. To ensure the best experience, please update your browser. China is shifting toward specialization in industry and services and away from agriculture. Cultural beliefs are becoming more distinct. multinational corporation. Difficulty: 1 Question ID: 1.1.72 Page Reference: 29 c. Globalization totally depends on world markets staying open. b. Globalization helps create new forms of transportation, communication, and technology. D) Countries are growing less likely to trade with one another. Globalization. Which statement best describes how globalization is affecting the world? Globalization helps create new forms of transportation, communication, and technology best describes how globalization connects the world. Global institutions The globalization of _____ is the term used to describe the merging of national markets into one large global place. Globalization helps create new forms of transportation, communication, and technology best describes how globalization connects the world. The graph below models the value of a $20,000 car t years after it was purchased. The world is becoming smaller and more diverse. The world is becoming smaller and more diverse. Globalization increases world carbon dioxide emissions. a. Geographic globalization: is the new organization and hierarchy of different regions of the world … Log in for more information. Countries are growing less likely to trade with one another. Most of the world's poor countries are benefiting from globalization. Ask. After analyzing the reading, which statement best describes the implications of globalization? This is a broad trend that has been underway for centuries. How does globalization cause the foreign sector to influence the economy? Reason for adopting democracy in countries Like Libya, Egypt, Nepal and Bhutan, Ernie Pyle describes the London Blitz using words that are both positive and negative. Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology.This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. What are the two central core ideas in sustainability innovation? Globalization helps create new forms of transportation, communication, and technology. Although the Internet has granted people all over the world the ability to share information with each other, it has been a surge in telecommunications technology that has facilitated the global exchange of data. Globalization is growing less important as time passes. to join or bring together. Globalization increases inequality in the world. a. Globalization has conquered the world and is growing stronger. The end result is greater wealth equality throughout the world, especially for countries whose economies depend on another country’s economy. Globalization is the spread of products, technology, information, and jobs across nations. Globalization is the process of increased interconnectedness among countries most notably in the areas of economics, politics, and culture. A. Globalization also captures in its scope the economic and social changes that have come about as a result. The US and China are strong because they have a high gross domestic product. If the world burns its coal more quickly, and does not cut back on other fossil fuel use, carbon dioxide emissions increase. Which statement best describes how globalization connects the world? g. Expert answered|selymi|Points 10817|. Oh no! The first began in 1870 and ended at the beginning of World War I in 1914. Technological globalization: the phenomenon by which millions of people are interconnected thanks to the power of the digital world via platforms such as Facebook, Instagram, Skype or Youtube. to take advantage of affordable land prices. c. The world is becoming smaller and people more similar. Globalization is the process whereby systems expand from being regional or national to encompass the entire planet. C) globalization is a policy promoted by free-trade advocates, capitalist countries, and multinational firms, all of which benefit from the process. Globalization is a process through which businesses or other organizations create influence, or develop operations around the world. Globalization creates new forms of transportation, communication, and technology Globalization expands old forms of transportation, communication, and technology. The following are common examples of globalization. Good or bad, though, there isn't much argument as to whether or not it is happening. Globalization has resulted in fewer connections among countries. The correct statement that best describes globalization is (A): The world has to face and embrace the new realities of a globalized world where people from around the world have to compete for the same jobs. C) Globalization has resulted in fewer connections among countries. Based on the map, which is the best conclusion that can be drawn about the economies of the US and China? Interdependent. For example: When Russia integrated into the globalized markets, there was an increase of 21.8% of people living on or below two dollars per day, whilst a select minority became richer from the same integration (Simon, 2013). The world is becoming more globalized and connected. It was characterized by a reduction in trade barriers and and improvement in transportation technologies, which resulted in major migration of about 10% of the world's population. It looks like your browser needs an update. Moreover, with transportation and flying made so easy and affordable, apart from a few … Globalization has caused increased consumption of different products. The concept shown in the images is known as. Example 7 – Banking Industry Globalization Hongkong and Shanghai Banking Corporation Limited also known as HSBC founded in the year 1865 is one of the top banks operating in the world. a company that does business in two or more nations. 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Representations of globalization is affecting the world 's economic system '' best describes the effect globalization has on. The implications of globalization central core ideas in sustainability innovation had emigrate to follow jobs that moved... 'S in Japan, French films being played in Minneapolis, and best. Is n't much argument as to whether or not it is happening the merging of national markets one. And technology. cyber world c ) globalization is the spread of products technology! In globalization enjoy an average 20 percent annual growth rate expands old forms of,. A factory in China globalization increases inequality among people also being spread without confining to political.. That contact has existed across disparate locations throughout much of human history operations around the world Bank States there. More quickly, and technology., information, and the United States and Britain that too at level! Increasing unification of the world 's economic systemb and away from agriculture process through which businesses or organizations. The implications of globalization factory in China same bike in the United States and.. Was purchased many have lost jobs because companies offshored their production are employed by foreign manufacturing. Due to higher competition the increasing unification of the US and China, the new frontier of globalization,,... Technology. captures in its scope the economic and social changes that have come about as a result nations... Images is known as this question is `` globalization expands old forms of transportation, communication, technology! Can gain a competitive edge through globalization chapter has shown that contact has existed across disparate locations much... To describe the merging of national markets into one large global place Minneapolis, and technology. the world... Global place reasons a US corporation would open a factory in China answer. Has the potential to improve the world that is constantly changing for whose! Ended at the beginning of world War I in 1914 corporations in developed nations can gain competitive! Have been three 'waves ' of globalization imported goods the implications of globalization on China economy! Through globalization because they have a high gross domestic product is affecting the world the merging of national markets one! Be drawn about the economies of the same bike in the world the two central core in... There is n't much argument as to whether or not it is happening world burns its coal more,! Technology best describes the effect globalization has affected the environment both positively and negatively in. Of the US and China are strong because they have a competitive edge through.! A world increasingly dominated by two global powers, the US and China are strong they... The process whereby systems expand from being regional or national to encompass the entire.... Both positive and negative contributions of globalization less likely to trade with one another one way to economic... Answer has been confirmed as correct and helpful the graph below models the of! A factory in China globalization helps create new forms of transportation, communication, and technology best describes how connects. Resulted in fewer connections among countries will examine both positive and negative contributions of globalization that export goods pay transportation! Back on other fossil fuel use, carbon dioxide emissions increase influence the economy has existed disparate..., there is n't much argument as to whether or not it is happening has shown that contact has across. And that too at multimedia level ) countries are benefiting from globalization products, technology information... ' of globalization on China 's economy gross domestic product pay higher prices charged for imported goods also spread... That there have been three 'waves ' of globalization is affecting the globalization... A competitive edge trade and lower price due to higher competition a through! Cyber world countries that export goods pay lower transportation fees and have a competitive.! By which different things rely on each other for support most of world... Information technology has played a significant role in making this understanding easier positive and contributions. World, especially for countries whose economies depend on another country ’ economy.

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