Question
Identify which technological innovation is most important in helping facilitate the process of globalization.(1 point)
Responses

the invention of the lightbulb
the invention of the lightbulb

the invention of the computer
the invention of the computer

the invention of purified water drinking tablets
the invention of purified water drinking tablets

the invention of the electric car
the invention of the electric car
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The most important technological innovation in helping facilitate the process of globalization would be the invention of the computer.
Which of the following best analyzes how free trade can improve standard of living?(1 point)
Responses
Free trade helps governments provide subsidized housing for their citizens.
Free trade helps governments provide subsidized housing for their citizens.
Free trade brings cheap fast food into the country, which everyone can afford.
Free trade brings cheap fast food into the country, which everyone can afford.
Free trade creates jobs.
Free trade creates jobs.
Free trade increases competition for local industry.
Free trade increases competition for local industry.
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The best analysis of how free trade can improve the standard of living would be that free trade creates jobs.
Which of the following terms best describes a gap in access to the internet between people in wealthy countries versus those in less developed countries?(1 point)
Responses
supply chain
supply chain
digital divide
digital divide
brain drain
brain drain
remittance
The term that best describes a gap in access to the internet between people in wealthy countries versus those in less developed countries is "digital divide".
Question
Which of the following accurately analyzes the similarities between the two waves of globalization?(1 point)
Responses

Globalization reduced poverty in less developed countries in both waves.
Globalization reduced poverty in less developed countries in both waves.

In both waves, agricultural products were the most traded commodity.
In both waves, agricultural products were the most traded commodity.

Transnational corporations accumulated disproportionate wealth in both waves.
Transnational corporations accumulated disproportionate wealth in both waves.

Neocolonial economics were the basis for globalization in both waves.
Neocolonial economics were the basis for globalization in both waves.
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The accurate analysis of the similarities between the two waves of globalization is that transnational corporations accumulated disproportionate wealth in both waves.
Question
Which of the following institutions emerged out of the Bretton Woods Conference in 1944?(1 point)
Responses

the United Nations
the United Nations

the League of Nations
the League of Nations

the World Bank
the World Bank

transnational corporations
transnational corporations
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