Question

The methods of handling businesses and industries that conduct business around the world is known as A. socialism. B. migration. C. globalization. D. privatization.

Answer 1

Answer:    C. Globalization

Explanation:  The method of handling business and the industries that operate around the world is globalization. Since business is done worldwide, it implies the impact and cooperation at the international level. At the same time, this is the current trend of business, when such business is enabled, by various incentives and by encouraging exchange at the global level.

Socialism implies social ownership of means of production; it does not mean at what level business is, but rather a type of social and production relations, while privatization is the opposite of the form of ownership from socialism.

Answer 2

The option (C) is correct. Globalization is a method of handling businesses and industries that conduct business around the world.

Further Explanation:

Globalization:

Globalization is a promotion of the business on the international level. When the business expands its business from one country to several countries, then it is considered as globalization. Globalization is necessary for global establish. Big companies establish their branches and set up their factories in developing countries. It would benefit the countries as the inflow of foreign investment would create employment and contribute to the growth of the economy. Foreign company would get cheaper labor and material, so it is beneficial for them.

It is a system of organizing businesses and industries around the world. The business is carried out on the international level from one country to several sets up. It helps in boosting the economy and development of the relation between several developing.

Thus, globalization is a method of handling businesses and industries that conduct business around the world.

Learn more:

1. Learn more about the command economy

brainly.com/question/10958710

2. Learn more about the socialist government

brainly.com/question/1108605

3. Learn more about the economic development

brainly.com/question/10776092

Answer details:

Grade: Middle School

Subject: History

Chapter: Globalization  

Keywords: methods, handling, businesses, industries, conduct, business, around, world, known, socialism,  migration, globalization, privatization.