Most significant in the emergence of the globalization of the economy was the ________.
A) new technologies associated with production, transportation, and communications
B) application of steam power, oil, and electricity
C) transition from nomadic pastoral life to agricultural settlements
D) creation of tariff barriers

Question

Quizplus · Accepted Answer

The emergence of new technologies associated with production, transportation, and communications enabled goods and services to be produced, transported, and sold on a global scale, leading to the globalization of the economy. Steam power, oil, and electricity were important in this process, but they were only a part of the technological advancements that led to globalization. The transition from nomadic pastoral life to agricultural settlements and the creation of tariff barriers were not significant drivers of the emergence of the globalization of the economy.

Most Significant in the Emergence of the Globalization of the Economy