Question

Which best describes how globalization connects the world?

Answer 1

The correct answer is "Globalization creates new forms of transportation, communication, and technology".

Globalization creates new types of transportation, communication, and technology. Ideas are partaken in a globalized society, and in this way advance is proceeding past country state borders. Nations with abundance work power can collaborate with nations with creative organizations, and this is widespread in the hardware and correspondences mechanical part.

Globalization is a procedure of association and reconciliation among the general population, organizations, and administrations of various countries, a procedure driven by worldwide exchange and venture and helped by data innovation. This procedure has consequences for the earth, on culture, on political frameworks, on financial improvement and success, and on human physical prosperity in social orders the world over.

Answer 2

Globalization connects the world, and it creates new forms of transportation, communication, and technology.  

Further Explanation:

Globalization means integrating the national economies to do international trade inefficient way. It creates new forms of transportation, communication, and technology. As more than two economies integrate, the new form of technology and communication developed by various countries. It makes more employment and more production of goods. Globalization began in the 19th-century first time. The process is known as LPG. L for Liberalization, it means the nations start to exchange the goods among the countries and remove all the restrictions and tariffs. P for Privatization, it means the resources now owned by the Private Corporation and individual also. G for globalization.  

Justification for the Answer:

• Globalization doesn't mean expands the old form of transportation, communication, and technology. Expands means to increase the quantity of the same thing without making any addition to the product.

• Globalization doesn't mean mandates an old form of transportation, technology, and communication. As mandates mean necessary, but in globalization, it is not necessary to use the only old form of communication, technology, and transportation.

• Globalization doesn't mean shares an old form of communication, transportation, and technology. As share means to distribute the available resources among the countries. But globalization integrates the national economies.

Therefore, Globalization connects the world; it creates new forms of transportation, communication, and technology.

Learn more:

1. Learn more about the gross national product

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2. Learn more about the trade flows

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3. Learn more about the protectionist

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Answer details:

Grade: Middle School

Subject: Economics

Chapter: Liberalization, privatization and globalization.

Keywords: expands, mandates, shares, creates, globalization, to distribute the available resources, integrate the national economies, employment, and production of goods, national economies.