Which of the following accurately analyzes the similarities between the two waves of globalization?(1 point)

Question

Responses

In both waves, agricultural products were the most traded commodity.
In both waves, agricultural products were the most traded commodity.

Transnational corporations accumulated disproportionate wealth in both waves.
Transnational corporations accumulated disproportionate wealth in both waves.

Globalization reduced poverty in less developed countries in both waves.
Globalization reduced poverty in less developed countries in both waves.

Neocolonial economics were the basis for globalization in both waves.
Neocolonial economics were the basis for globalization in both waves.

Answer 1

The statement that most accurately analyzes the similarities between the two waves of globalization is:

Transnational corporations accumulated disproportionate wealth in both waves.

This reflects a consistent trend observed in both historical periods of globalization, where large corporations have played a significant role in shaping the global economy and wealth distribution.