The phrase that best relates to the term "Globalization" is "Improved incomes for poor people in all countries".
As per the question statement, we are provided with the term of "Globalization" and we are required to match it with the best possible phrase from the four options provided.
Option (A) is "More unequal distribution of natural resources" which is incorrect because unequal distribution does not depend on globalization but on the size of the company and their effects on the environment.
Option (C) is "Decreased competition for small businesses" which is incorrect because this will increase the competition for small business.
Option (D) is "Decreased demand for natural resources" which is incorrect, since globalization speeds up the exchange of capital-labor production which requires more natural resources rather than their decrease.
Option (B) is "Improved incomes for poor people in all countries" which is the correct match, because globalization's main character is economic growth which directly affects the totally population of a country including the poor as the country becomes open to trade and then tends to work faster than the time when it was not open to trade, and this creates job opportunity for the people and helps in increasing the living standard of the people.
Hence, the best possible match to the term "Globalization" is "Improved incomes for poor people in all countries".
- Globalization: As the name itself suggests, Globalization is the process of interaction and integration among people, companies, and governments worldwide for the development of international trade, economy and harmony.
To learn more about Globalization, click on the link below.
brainly.com/question/15283031
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