Which of the Following Statements Best Describes a Major Concern

question 20

Multiple Choice

Which of the following statements best describes a major concern of those who believe globalization will be detrimental to social progress?

• A) Globalization reduces the number of choices, values, ideas, and information people are presented with.
• B) A new global civil society may fuel the growth of new NGOs and IGOs.
• C) Globalization may lead to a form of global cosmopolitanism.
• D) Globalization has demonstrated that it can inspire increased levels of violent fundamentalism.

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Definitions:

Quantity of Labor

The total hours of labor supplied by workers or the number of workers employed in the production of goods and services at a given time.

Wage

A wage is the amount of money paid to an employee by an employer in exchange for work performed, typically expressed on an hourly, daily, or piecework basis.

Monopsonistic Cartel

A market condition where there is only one buyer for a product or service, giving them significant power over sellers.

Antitrust Laws

Rules and regulations prohibiting actions that restrain, or are likely to restrain, competition.