Question

Question

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

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

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

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

Globalization reduced poverty in less developed countries in both waves.

Answer 1

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

Transnational corporations accumulated disproportionate wealth in both waves.

This reflects a common theme in discussions of globalization, where large corporations often gain significant economic power and influence during periods of increased global trade and interaction.

The other statements may not hold true across both waves of globalization or could be considered too simplistic or inaccurate. For example, neocolonialism is a more complex concept that may not fully characterize both waves, agricultural products were not necessarily the most traded commodities in both waves, and the impact of globalization on poverty is debatable and varied by region and time period.