Locating Globally Is the Result of All of the Following

question 63

Multiple Choice

Locating globally is the result of all of the following except

• A) favorable foreign exchange rates
• B) better infrastructure
• C) cheaper labor overseas
• D) cheaper raw materials

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Definitions:

Globalization

The process by which businesses, economies, cultures, and populations become interconnected and integrated due to advances in communication, transportation, and trade.

Sociological Theories

Frameworks for understanding society and human behavior that guide sociologists' interpretations and research.

Global Inequality

The systematic differences in health, wealth, and power across countries and societies worldwide.

Social Inequality

Refers to the unfair distribution of resources, opportunities, and rights among different social statuses or groups within a society.