The Increasing Integration of the World-Economy Through International Production, Finance

question 50

Multiple Choice

The increasing integration of the world-economy through international production, finance, trade, and investment is a definition of globalization:

• A) economic
• B) political
• C) social
• D) cultural

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Definitions:

Coordinate Labour

Organizing and aligning the efforts of a workforce to achieve common goals and objectives efficiently.

Divide Labour

The process of dividing work into distinct tasks, each performed by a different worker or group of workers, to increase efficiency and productivity.

Interpersonal Styles

The characteristic way that individuals interact with others in personal and professional contexts.

Time Spans

The duration between the beginning and ending of an event or the period over which something exists or is effective.