One Result of Globalization Is That Countries, Businesses, and People

question 43

True/False

One result of globalization is that countries, businesses, and people become increasingly independent.

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Definitions:

Technological Advance

The development and application of new technologies, leading to more efficient production processes, new products, or improved services.

Capitalist Economy

An economic system where private individuals and businesses own the means of production and operate for profit, guided by market forces.

Economists

Professionals or scholars who study, develop, and apply theories and concepts from economics, and write about economic policy.

Affordable

Referring to something that is priced reasonably, within the financial means of most people.