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QA › Geography › Which statement best describes how globalization is affecting the world?

Which statement best describes how globalization is affecting the world?

A. Globalization is growing less important as time passes.

B. The world is becoming more globalized and connected.

C. Globalization has resulted in fewer connections among countries.

D. Countries are growing less likely to trade with one another.

Answer: B. The world is becoming more globalized and connected.

Globalization refers to the growing relationship between cultures, economies, and populations of the world caused by increase in cross-border trade in goods and services, communication, investment flow, and technology. Due to the emergence of modern and more innovative means of transportation and communication, the world is becoming more connected and unified. With globalization, all countries of the world tend to act like they are part of a single market. Products like Coca-Cola are now found everywhere in the world due to excellent forms of transportation and communication. With this, the world is identified as a single entity rather than divided.

Geography

3 years ago

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