Which of the following is an economic change brought about by globalization enabled by information technology?
A) increase in the frequency of worldwide fads and phenomena
B) development of low-cost computing platforms
C) availability of low-cost communication systems
D) increase in the outsourcing of labor
E) decentralization of organizations

Question

Quizplus · Accepted Answer

Globalization enabled by information technology has facilitated the outsourcing of labor, where companies can hire workers from different countries to complete tasks at a lower cost. This has had significant economic impacts on both developed and developing countries.

Which of the Following Is an Economic Change Brought About