Globalization Is Rooted in Demography Most Clearly as a Result

question 27

Multiple Choice

Globalization is rooted in demography most clearly as a result of

• A) migration from developing to richer nations.
• B) low-wage labor in rapidly growing developing nations.
• C) the spread of transportation and communication technology.
• D) the global increase in educational levels.

---

Definitions:

Nontransferable

A characteristic of certain rights or privileges that cannot be legally transferred from one individual or entity to another.

Economic Profit

Economic profit is a measure of performance that includes opportunity costs in addition to traditional accounting profits.

Accounting Costs

Refers to expenses directly tied to the production of goods or services, such as labor, materials, and overhead costs.

Total Revenue

The overall amount of money generated by a business from its activities, typically from sales of goods or services before any expenses are deducted.