Thomas Friedman's declaration that the world was now "flat" meant that
A)the Internet has reduced the economic advantages of developed countries.
B)globalization is starting to offer less advantage to large corporations.
C)the global economy is increasingly commanded by fewer and larger corporations.
D)global capitalism is homogenizing culture and business practices throughout the world.
E)global shipping rates have reached historic lows.

Question

Quizplus · Accepted Answer

Friedman's concept of a "flat" world refers to the idea that advances in technology, particularly the internet, have made it easier for individuals and businesses to connect and collaborate across the globe. This has lowered barriers to entry and reduced the advantages that once existed for developed countries, allowing for greater economic opportunity for developing nations.

Thomas Friedman's Declaration That the World Was Now "Flat" Meant