The spread of an economic system based on investing to make profits, which is becoming the world's dominant economic system, is referred to as ________.
A) the globalization of capitalism
B) the capitalization of the world economy
C) the economic colonization
D) the periphery of nations

Question

Quizplus · Accepted Answer

The spread of an economic system based on investing to make profits is commonly referred to as capitalism. Globalization refers to the increasing interconnectedness of economies and societies across the world, and the globalization of capitalism refers to the spread of capitalist economic systems across national borders. Therefore, the best choice is A) the globalization of capitalism.

The Spread of an Economic System Based on Investing to Make