For Manuel Castells, Globalization Has Involved the Transition from a "World-Economy

question 18

Multiple Choice

For Manuel Castells, globalization has involved the transition from a "world-economy" to a "global economy." By this he means that:

• A) there has emerged a worldwide economy with the capacity to work as a single unit
• B) capital accumulation now occurs all over the world
• C) the gap between the core and the periphery is continuing to widen
• D) previously marginized economic regions are now being included in the new economy

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Definitions:

Supervision

The act of overseeing or directing work, people, or activities to ensure that certain standards or goals are met.

Unlocked

Not secured or fastened; often refers to items, devices, or systems that can be accessed without a key or code.

Strict Liability

A legal doctrine where a party is held responsible for damages or loss, regardless of fault or intent.

Injured Ankle

A physical condition involving harm or damage to the ankle often resulting from an accident or sports activity.