Which of the Following Best Defines the Term Globalization

question 4

Multiple Choice

Which of the following best defines the term globalization?

• A)The process of removing manufacturing and industrial sites from foreign countries and returning them to the United States.
• B)When products are assembled over the course of several international transactions.
• C)Long periods of recession followed by sharp economic upturn worldwide.
• D)The process of integrating governments, cultures, and financial markets through international trade into a single world market.

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Definitions:

Era of Naïve Optimism

A period characterized by an overly positive outlook or simplistically optimistic attitudes, often disregarding potential pitfalls or challenges.

Hiroshima

A city in Japan that was the first to experience the devastating impact of an atomic bomb, dropped by the United States during World War II, on August 6, 1945.

Biotechnology Scientists

Professionals who apply biology and chemistry to develop products and processes that improve human life and the environment.

Industry Affiliations

Connections or associations between individuals or organizations and specific industries, often indicating a relationship or interest.