The Rapid Growth of Globalization and Global Trade Are a Result

question 51

Multiple Choice

The rapid growth of globalization and global trade are a result of:

• A) Information technology
• B) Transportation
• C) Rising global incomes
• D) All of the above
• E) None of the above

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Definitions:

Modernization Theory

A theory that suggests developing countries will progress economically and socially by adopting Western-style capitalism and cultural values.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, often measured by GDP.

Political Stability

The condition where a government is resilient, capable of maintaining order, and unlikely to experience sudden changes, breakdown, or violent political conflict.

Hegemony

The dominance of one group over another, often supported by legitimating norms and ideas.