One of the Forces Restraining the Growth of Global Business

question 86

True/False

One of the forces restraining the growth of global business and global marketing is the functioning of globalization.

---

Definitions:

Nationalizing Industries

The transfer of private sector enterprises to the ownership and operation of the government with the goal of taking control over critical industries or resources.

Public Works

Infrastructure projects financed and constructed by the government for recreational, employment, and health and safety uses in public spaces, including roads, bridges, and parks.

Herbert Hoover

The 31st President of the United States, serving from 1929 to 1933, whose term was marked by the onset of the Great Depression.

Douglas MacArthur

An American five-star general and Field Marshal of the Philippine Army who played a prominent role in the Pacific theater during World War II.