In Recent Years, the Speedy Flow of Information Through Technology

question 54

Multiple Choice

In recent years, the speedy flow of information through technology has

• A) made it harder for people worldwide to see how others work and live.
• B) strengthened national boundaries and made countries more self-contained.
• C) created a borderless world with global competitors, customers, and citizens.
• D) ensured that the United States is unrivaled by other companies in all industries.
• E) made the real flow of financial activity align with political boundaries between countries.

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Definitions:

Contribute

To give something, such as time, money, or resources, towards a common goal or cause, often for the benefit of a larger group or project.

Benefit

A term referring to the positive outcome or satisfaction received from consuming a good or service or from a particular economic activity.

Nash Equilibrium

A situation in a non-cooperative game where each player's strategy is optimal, given the strategies of all other players in the game.

Payoff

The return or gain that an individual receives from an investment or action.