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which of the following correctly describes globalization

Sagot :

Answer:

Globalization is the process of integration among individuals, businesses, and governments.

Answer Choices:

  • Globalization is the increase in income inequality within developed countries.
  • Globalization is the process of integration among individuals, businesses, and governments.
  • Globalization is the increase in the value of knowledge and information within an economy.
  • Globalization is the process of decreasing per-unit costs with increasing production.

Make sure to include the answer choices next time, hope this helps!

Lanuel

The statement which correctly describes globalization is that: it is a process of integration among individuals, businesses, and governments.

What is globalization?

Globalization can be defined as a strategic process that involves the integration of various markets comprising individuals and business firms across the world, so as to enhance the continuous buying and selling of goods and services.

This ultimately implies that, globalization is a process of integration among individuals, business firms, and governments, in order to continually produce goods and services that are used by consumers across the world.

Read more on globalization here: https://brainly.com/question/23711616

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