The First Stage of Global Development, According to Friedman, Was

question 34

Multiple Choice

The first stage of global development, according to Friedman, was characterized by:

• A)the growth of European mercantile stock companies.
• B)the ascension of multinational companies.
• C)advances in global electronic interconnectivity.
• D)the introduction of modern communications and cheaper shipping costs.
• E)how much industrial power countries could produce and apply.

---

Definitions:

Objective Performance

Measurement based on fact, free from bias, and quantifiable in terms of outcome or achievement in a person's job role.

Subjective Measures

Methods of assessment based on personal opinions, interpretations, points of view, or judgments rather than objective data or criteria.

Objective

A specific result that a person or system aims to achieve within a timeframe and with available resources.

Subjective

Based on or influenced by personal feelings, tastes, or opinions rather than objective facts.