In Addition to Economic Dimensions, Globalization Has ____ and ____

question 34

Multiple Choice

In addition to economic dimensions, globalization has ____ and ____ dimensions.

• A) chemical; biological
• B) accounting; intuitive
• C) clerical; art history
• D) friendly; unfriendly
• E) political; social

Understand the concept of import substitution and its impact on local industries.

Analyze China's market development strategy.

Describe the principles and effects of microfinance in developing economies.

Explain the significance of controlling foreign investments for domestic capital formation.

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Definitions:

Slaughterhouse Cases

A set of 19th-century Supreme Court cases dealing with the rights of citizens under the Fourteenth Amendment post-Civil War, significant for their interpretations of federal versus state powers.

State Governments

The governing bodies of individual states within a federal system, responsible for local laws, policies, and administration.

Fourteenth Amendment

An amendment to the U.S. Constitution, ratified in 1868, granting citizenship to all persons born or naturalized in the United States and guaranteeing all citizens equal protection of the laws.

Carpetbagger

A derogatory term originally used to describe Northerners who moved to the South after the American Civil War to profit from the Reconstruction.