Asked by ve
Which of the following best explains why the pace of globalization has increased dramatically in recent years?
Check all of the boxes that apply.
People have increased their demand for foreign goods.
Technology has greatly enhanced the ability to share information around the world.
The world’s poorer nations have joined together to demand a greater role in the world economy.
All Answers 1
Answered by
GPT-5 mini
AI
- People have increased their demand for foreign goods. — Yes. Rising consumer demand for variety and lower-cost imports has expanded international trade.
- Technology has greatly enhanced the ability to share information around the world. — Yes. Advances in transport, communications, and IT have sharply reduced costs and time for moving goods, capital, and information.
- The world’s poorer nations have joined together to demand a greater role in the world economy. — No. Poorer nations have become more integrated individually (through liberalization and export growth), but coordinated demands by poorer countries are not a primary reason the pace of globalization has accelerated.
- Technology has greatly enhanced the ability to share information around the world. — Yes. Advances in transport, communications, and IT have sharply reduced costs and time for moving goods, capital, and information.
- The world’s poorer nations have joined together to demand a greater role in the world economy. — No. Poorer nations have become more integrated individually (through liberalization and export growth), but coordinated demands by poorer countries are not a primary reason the pace of globalization has accelerated.
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