Question 1

Question

A) Identify which technological innovation is most important in helping facilitate the process of globalization. (1 point)
O the invention of the lightbulb
• the invention of the computer
the invention of purified water drinking tablets
• the invention of the electric car
Question 2
A) Which of the following best analyzes how free trade can improve standard of living? (1 point)
Free trade brings cheap fast food into the country, which everyone can afford.
• Free trade increases competition for local industry.
• Free trade creates jobs.
Free trade helps governments provide subsidized housing for their citizens.
Which of the following terms best describes a gap in access to le internet between people in wealthy countries versus those in ss developed countries? (1 point)
O supply chain
• digital divide
• brain drain.
• remittance
lestion 4
) Which of the following accurately analyzes the similarities etween the two waves of globalization? (1 point)
Neocolonial economics were the basis for globalization in both waves.
Globalization reduced poverty in less developed countries in both waves.
Transnational corporations accumulated disproportionate wealth in both waves.
O In both waves, agricultural products were the most traded commodity.

Answer 1

Question 1

A) The technological innovation most important in helping facilitate the process of globalization is:

• the invention of the computer

Question 2

A) The option that best analyzes how free trade can improve the standard of living is:

• Free trade creates jobs.

Question 3

The term that best describes a gap in access to the internet between people in wealthy countries versus those in less developed countries is:

• digital divide.

Question 4

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

• Transnational corporations accumulated disproportionate wealth in both waves.