Which of the Following Statements Cannot Be Ascribed to Globalization

question 86

Multiple Choice

Which of the following statements cannot be ascribed to globalization?

• A)Hundreds of millions of people have been lifted from poverty.
• B)Millions of people have joined the middle class.
• C)Wages and living standards of people have improved.
• D)A disproportionate amount of wealth has flowed from "have" and have "nots."
• E)Gains from globalization have been evenly distributed.

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Definitions:

Low-risk

A description of investments or activities that have a minimal chance of loss or failure.

Equity

The residual interest or ownership rights in the assets of a company after deducting its liabilities, often reflected as shareholders' equity.

Assets

Economic resources owned or controlled by a business or individual that are expected to provide future benefits.

Liabilities

Financial obligations or debts owed by a business to external parties or entities.