Identify which technological innovation is most important in helping facilitate the process of globalization. (1 point)
the invention of the computer
the invention of the electric car
the invention of purified water drinking tablets the invention of the lightbulb
The invention of the computer is the most important technological innovation in helping facilitate the process of globalization.
Which of the following best analyzes how free trade can improve standard of living? (1 point)
Free trade creates jobs.
Free trade increases competition for local industry.
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 increases competition for local industry and brings cheap fast food into the country, which everyone can afford.
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)
brain drain remittance digital divide supply chain
The term that best describes a gap in access to the internet between people in wealthy countries versus those in less developed countries is the "digital divide."
Which of the following accurately analyzes the similarities between the two waves of globalization? (1 point)
Transnational corporations accumulated disproportionate wealth in both waves.
Globalization reduced poverty in less developed countries in both waves.
Neocolonial economics were the basis for globalization in both waves.
In both waves, agricultural products were the most traded commodity.
The option that accurately analyzes the similarities between the two waves of globalization is: Transnational corporations accumulated disproportionate wealth in both waves.
Which of the following institutions emerged out of the Bretton Woods Conference in 1944? (1 point)
the League of Nations transnational corporations the World Bank
the United Nations