1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rainbow [258]
3 years ago
10

studoc Recent decades have seen a trend toward globalization, which means that buying and selling in markets have crossed nation

al borders to an increasing extent. As a result, firms and workers from different countries are increasingly interconnected. Globalization has occurred for a number of reasons. List three reasons and briefly describe their effect contributing toward globalization. (5 points)
Social Studies
1 answer:
finlep [7]3 years ago
4 0

Answer:

- Economic liberalization.

- Development of communications technologies.

- Growth of multinational companies.

Explanation:

Globalization refers to a process where, according to Anthony Giddens, international ang global social, economic and political relations are closely interlinked, to the point where an event that takes place in some corner of the world affects another distant corner of the world. This late 20th century process occured for a number of reasons - we can list three of them:

-  Economic liberalization: mixed economies where the state had a large role in the economy were dominant in most capitalist economies after the Second World War, influenced by Keynesian economics. However, the economic slump of the 1970s was blamed on too much state intervention. Neoliberal economists argued that, in order to restart the economy, the state had to take a hands off approach to the economy and let market forces lead it. This meant opening up areas of the economy that were formerly reserved to the state, and tearing down protectionist economic policies. This form of economic liberalization meant that not only goods, but also capitals, freely flowed across borders, linking more and more regions around the globe.

- Development of communications technologies: the Space Race between the Soviet Union and the United States wasn't merely a political show, but it also had a major impact on everybody's life through the development of communication satellites. These allowed for almost instant communication and transfer of information between different corners of the globe. Other new technologies, especially the internet, would further enhace international communication.

- Growth of multinational companies: another major feature of the late capitalism of the 20th century was the surge of companies who held large economic power. Some companies eventually became behemoths that overflowed their domestic markets, and in their search of profits, took advantage of economic liberalization to export their goods and their capital all around the planet.

You might be interested in
Why is it acceptable if the use of a tutor is not successful right away?
Lisa [10]

Answer:b. Learning is a process and takes time

Explanation:Students may not learn right away, maybe because a tutor need to change his strategy or maybe he still needs to teach them particular strategies that will help them acquire information and be able to use it in the future.

This will require time for both the students and the tutor.

They both need to understand each other figure out ways to study or learn better .

The tutor and the students need to evaluate together why the tutoring is not successful and look for ways to improve .

5 0
3 years ago
Has true communism ever been reslly done by russia, or any nation for that matter?
Lana71 [14]

Answer:

no, Russia is no communists, just because we like green bay packars and vodka mean nothing, you just mad because we always cold, and yes we are keeping Jim Hopper in our prison camps in Kamchatka  

Explanation:

7 0
2 years ago
Read 2 more answers
Which of Reagan’s Supreme Court nominees was rejected
Nat2105 [25]

Answer:

Full Senate

On October 23, 1987, the Senate rejected Robert Bork's nomination to the Supreme Court by a vote of 42–58.

3 0
3 years ago
HELLPPP 1ST GETS BRAINLIESTTTTTT! How does Europe’s location impact economic development and culture
loris [4]

Answer:

-In mainland Europe, wide rivers like the Rhine also kept groups of people separated. This separation and isolation caused many different cultures to develop. ... -Like the rivers, these made it difficult for one group to control all of Europe and encouraged the growth of independent territories.

Explanation:

-In mainland Europe, wide rivers like the Rhine also kept groups of people separated. This separation and isolation caused many different cultures to develop. ... -Like the rivers, these made it difficult for one group to control all of Europe and encouraged the growth of independent territories.

5 0
3 years ago
Each state had only
solmaris [256]

Answer:

On November 15, 1777, the Second Continental Congress adopted the Articles of Confederation. Submitted to the states for ratification two days later, the Articles of Confederation were accompanied by a letter from Congress urging that the document…

Explanation:

6 0
2 years ago
Other questions:
  • Keith is trying to help his son, judd, deal with the devastating floods that left 40,000 people in the midwest homeless. judd's
    11·1 answer
  • Many non chordates have an anus at the end of their tails. The lancelet and the larval stage of the sea squirt have an anus loca
    12·1 answer
  • Residual parent materials are best described as materials _____.
    8·1 answer
  • The process of identifying exposure to threats, creating preventive and recovery procedures, and then testing them to determine
    10·1 answer
  • Haram is regarded as "legitimate" musical activity in accordance with mainstream Islamic beliefs.
    15·1 answer
  • After waste is dumped on land , the land may become ______.
    7·1 answer
  • Alicia believes that men shape the social stratification system and control a disproportionate share of wealth, prestige, and po
    5·1 answer
  • How did the world react to South Africa's system of apartheid?
    5·1 answer
  • Hello i need help on this​
    8·2 answers
  • Why was Timbuktu known as<br> a “Center of Learning"?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!