In what three ways did globalization affect Americans in the 1990s? Here are the most appropriate answers:
- It resulted in foreign investment opportunities for entrepreneurs.
- It increased the gap between wealthy and poor individuals.
- It raised concerns that Americans might lose their jobs to foreign workers.
<h3>What is globalization?</h3>
The term "globalization" is used to describe how trade and technology have increased connectivity and interdependence around the world. The scope of globalization also includes the resulting changes in the economy and society.
Globalization is the blending of national and international markets in a way that permits unrestricted trade between individuals around the world.
Therefore, the possibilities described above are accurate in terms of how globalization affected society in the 1990s.
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1
I think you made a mistake
is it 2x=2
then the answer will be 1 because your going to divide
The correct answer is Option A) increase their profits in a competitive environment.
By paying low wages, factory owners were able to increase their profits in a competitive environment.
Labor costs made up a large portion of a factory's costs followed by machinery, maintenance and stock.
The easiest way to reduce costs for any factory or business at the time was to simply pay workers poorly. Since there were hardly any legislation for employees, and the fact that unemployment and poverty was very high, factory owners were able to exploit workers in order to make as much profit as they could.
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