Globalization of the economy has
A) leveled economic differences between places.
B) heightened economic differences among places.
C) decreased investment in less developed countries.
D) drained resources from more developed countries.
E) decreased regional specialization of production.

Question

Quizplus · Accepted Answer

Globalization has increased economic differences among places as some countries and regions have benefitted from it while others have been left behind. Globalization has allowed for the concentration of wealth and power in the hands of a few, leading to income inequality and disparities in economic development.

Globalization of the Economy Has