Which of the Following Processes Is (Are)part of the Process

question 36

Multiple Choice

Which of the following processes is (are) part of the process of globalization?

• A) economic change
• B) political change
• C) cultural change
• D) economic, political, and cultural change
• E) economic and political change

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Definitions:

Total Demand

The complete quantity of a product or service that consumers are willing and able to purchase at a given price over a specific period.

Total Supply

The entire quantity of a particular good or product that is available for purchase or distribution at a given time.

Stepping-stone Method

A linear programming method used to find the most efficient way to move products from sources to destinations such that the total transportation cost is minimized.