Most Significant in the Emergence of the Globalization of the Economy

question 86

Multiple Choice

Most significant in the emergence of the globalization of the economy was the ________.

• A) new technologies associated with production, transportation, and communications
• B) application of steam power, oil, and electricity
• C) transition from nomadic pastoral life to agricultural settlements
• D) creation of tariff barriers

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Definitions:

Marketing Manager

A professional responsible for overseeing and guiding a company's marketing strategies and campaigns.

Advertising Campaign

A series of advertisement messages that share a single idea and theme aimed at reaching a particular audience.

Net Operating Income

The earnings a business achieves following the removal of operational costs from the income earned through its activities.

Break-even Point

The break-even point is the level of production or sales at which total revenues equal total costs, resulting in no profit or loss.