In What Way Has Globalization Affected the Migration Patterns of Americans

question 56

Multiple Choice

In what way has globalization affected the migration patterns of Americans?

• A) Global technology and improvements in transportation mean that more people are immigrating to the cities in the United States,which encourages white Americans to move to the suburbs and rural areas.
• B) Global technology has made it possible for all people to move wherever they want and work from home.
• C) Urbanization has become less of an issue thanks to the availability of a wide variety of products from around the world virtually anywhere.
• D) Global technology has facilitated the movement of capital to places,both abroad and in the United States,where costs of business are lower and the potential for profits is higher.

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Definitions:

Making a Profit

The financial gain obtained when the revenue generated from a business activity exceeds the expenses, taxes, and costs associated with maintaining the operation.

Breaking Even

The point at which total costs and total revenue are equal, meaning no net loss or gain has been made.

Taking a Loss

A situation where a business or individual sells an asset for less than its purchase price, resulting in a financial deficit.

Marginal Revenue

The additional income received from selling one more unit of a good or service; it is a critical factor in decision-making for firms in competitive markets.