Which of the following is an economic effect of globalization?
(1 point)
Responses
Many people can provide all their own daily necessities through their own labor.
Many people can provide all their own daily necessities through their own labor.
Farmers have flexibility to choose the crops they cultivate, farming methods, and pricing.
Farmers have flexibility to choose the crops they cultivate, farming methods, and pricing.
Companies promote spatial division of labor for efficiency and increased profitability.
Companies promote spatial division of labor for efficiency and increased profitability.
Individuals across the globe engage in the same economic activities, regardless of region.
Individuals across the globe engage in the same economic activities, regardless of region.
Per capita income in developing countries has risen at the same rate as in developed countries.
Per capita income in developing countries has risen at the same rate as in developed countries.
1 answer