In recent years which of these is a global trend in capitalism?

Question

Quizplus · Accepted Answer

In recent years, there has been a shift towards transnational capitalism, where companies operate on a global scale with a focus on international trade and investment. This trend has been driven by advances in technology, transportation, and communication, as well as the liberalization of trade policies and the growth of emerging markets. While competition and monopoly may still be present within transnational capitalism, the emphasis is on global interconnectedness and the pursuit of profit on a global scale. Welfare capitalism, on the other hand, is characterized by a strong social safety net provided by the government and is not a prevalent trend in recent years.

In Recent Years Which of These Is a Global Trend