Which of the following correctly describes globalization?(1 point)

Question

Responses

Globalization is the process of decreasing per-unit costs with increasing production.
Globalization is the process of decreasing per-unit costs with increasing production.

Globalization is the process of integration among individuals, businesses, and governments.
Globalization is the process of integration among individuals, businesses, and governments.

Globalization is the increase in the value of knowledge and information within an economy.
Globalization is the increase in the value of knowledge and information within an economy.

Globalization is the increase in income inequality within developed countries.

Answer 1

Globalization is the process of integration among individuals, businesses, and governments.