According to Thomas Friedman,the Third Stage of Globalization Involves ________

question 36

Multiple Choice

According to Thomas Friedman,the third stage of globalization involves ________.

• A) internationalization of countries
• B) countries moving into international markets
• C) individuals collaborating or competing on a global basis
• D) increasing influence of national governments on local economies

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Definitions:

Economic Growth

An outward shift of the production possibilities frontier brought about by an increase in available resources and/or a technological improvement.

Income Distribution

The way in which a country's total income is distributed among its population, affecting economic inequality and living standards.

International Water Management Institute

A research organization that focuses on the sustainable use of water and land resources in developing countries to ensure food security and reduce poverty.

Clean Water

Water that is free of pollutants and contaminants, making it safe for human consumption and use.