Question

With increased economic progress, cultures across the world seem to be moving toward some universally accepted values and norms. This is known as the
a. ethnocentrism hypothesis.
b. class consciousness hypothesis.
c. power distance hypothesis.
d. dynamism hypothesis.
e. convergence hypothesis.

Answer 1

Answer:

The correct answer is letter "E": convergence hypothesis

Explanation:

In Economics, the convergence hypothesis describes how increasing industrialization in different countries could lead to transform the economy to an industrialized world where the same societal patterns, ideologies, behaviors, and customs will be spread which is likely to create a global culture.