The integration of markets, nation-states, and technologies in a way that is enabling individuals, corporations, and nation-states to reach around the world farther, faster, deeper, and cheaper than ever before is referred to as ________.
A) international business organization
B) market internationalization
C) economic integration
D) globalization

Question

Quizplus · Accepted Answer

The term "globalization" refers to the process of integration and interaction among people, companies, and governments worldwide, facilitated by advances in technology, transportation, and communication. This process allows for the rapid movement of goods, services, information, and capital across borders, making the world more interconnected.

The Integration of Markets, Nation-States, and Technologies in a Way