Solved

Which of the Following Describes the Effect of Economic Globalization

Question 4

Multiple Choice

Which of the following describes the effect of economic globalization on wealthy nations like the United States?


A) New openings in the global economy contributed to the expansion of the middle class.
B) Jobs in the low-wage service sector declined and jobs in manufacturing sharply increased.
C) A shifting global division of labor resulted in the loss of many manufacturing jobs.
D) Increased total world output diminished income disparities and created economic equality.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents