How Did World War II Affect the Progress of Globalization

question 14

Multiple Choice

How did World War II affect the progress of globalization?

• A)It was aided since the United States became more involved in European and world affairs.
• B)It was adversely affected because so many resources were used in the war effort.
• C)It was not affected since trade continued despite the war.
• D)The results have not yet been determined since the economic upheaval caused by the war was so great.

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Definitions:

Strategic Roles

Positions or responsibilities within an organization focused on developing long-term objectives and ensuring the alignment of operations with overall mission and goals.

Administrative Budget

A budget focusing on non-production expenses which includes costs related to running a business such as administrative salaries and office supplies.

Supply Function

The relationship between the price of a good and the quantity supplied, typically showing a positive correlation.

Expenses

Costs incurred in the course of business operations or activities, including operational costs, salaries, and utilities.