<em>After centuries of technological progress and advances in international cooperation, the world is more connected than ever. But how much has the rise of trade and the modern global economy helped or hurt American businesses, workers, and consumers? Here is a basic guide to the economic side of this broad and much debated topic, drawn from current research.</em>
<em>Globalization is the word used to describe the growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries. But the term gained popularity after the Cold War in the early 1990s, as these cooperative arrangements shaped modern everyday life. This guide uses the term more narrowly to refer to international trade and some of the investment flows among advanced economies, mostly focusing on the United States.</em>
Gold, spices, and rich crops.
Answer:
Horizontal Drilling
Explanation:
The innovation that led to the rise of the oil industry, like Chevron is known as HORIZONTAL DRILLING.
Horizontal Drilling is an innovative technique that has its implementation kickstarted around the 1920s. Over the years, it has been developed to meet the current situation efficiently.
The utilization of the horizontal drilling method is known to assist various exploration firms like Chevron to recover about ten times the resources from various existing fields. Its utilization leads to an increase in the accessibility of oil reservoirs.
Hence, in this case, the correct answer is HORIZONTAL DRILLING
