Globalization ___________________

question 20

Multiple Choice

Globalization ___________________.

• A) is a process of unification in which differences in economic, technological, political, and social institutions are transformed from a local or national network into a single system
• B) relates to an international universalism, whereby events happening in one part of the world affect those in another
• C) relates to the recognition of different cultures' diversity of experience and the formation of new identities
• D) All of the above

---

Definitions:

Risk Aversion

A behavioral trait or tendency to avoid taking risks, preferring options that are perceived as safer or have more predictable outcomes.

Error Management Theory

A theory that suggests humans have evolved biases in judgment and decision-making processes to minimize the cost of errors in uncertain situations, favoring the less costly error.

Enthusiasm

Intense and eager enjoyment, interest, or approval.

English Exam

A test or assessment designed to evaluate knowledge, understanding, and competency in the English language.