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.

Question

Quizplus · Accepted Answer

Friedman's idea of a "flat world" implies that advances in technology (particularly the Internet) have leveled the global playing field, making it easier for individuals and small businesses to compete with larger, more established organizations. This has diminished some of the traditional advantages enjoyed by developed countries.

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