Responses
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 income inequality within developed countries.
Globalization is the increase in income inequality within developed countries.
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 increase in the value of knowledge and information within an economy.
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The statement that correctly describes globalization is:
Globalization is the process of integration among individuals, businesses, and governments.
This definition captures the essence of globalization, which involves the interconnectedness and interdependence of different entities on a global scale. The other statements describe aspects related to globalization but do not encompass its overall definition as accurately.
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