Globalization:
A) has greatly improved living standards around the world.
B) has significantly reduced living standards around the world.
C) has opened doors to only a handful of markets.
D) has greatly changed companies that hire people to sell products, but not for companies that hire people to provide services.

Question

Quizplus · Accepted Answer

Globalization has greatly improved living standards around the world by increasing trade, creating job opportunities, and expanding access to goods and services. While there may be some negative effects, overall globalization has led to significant improvements in standards of living for many people.