Globalization Concentrated Business into a Few Dominant Players' Hands

question 19

Multiple Choice

Globalization concentrated business into a few dominant players' hands. How has this aspect of globalization contributed to urban blight in some neighborhoods?

• A) increased unemployment
• B) reduced the viability of small businesses
• C) opened up immigration
• D) increased poverty

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Definitions:

Government Fixes

Interventions or measures taken by government authorities to correct or address economic, social, or environmental issues.

Property Right

The legal rights to possess, use, and dispose of assets, including both physical and intellectual properties.

Cap-and-Trade Program

An environmental policy that limits the total level of certain emissions while allowing industries with low emissions to sell their extra allowances to larger emitters.