Asked by Logan Aguilar on May 17, 2024
Verified
According to the textbook, at what stage of development is globalization most beneficial to a country?
A) agricultural revolution
B) industrial revolution
C) early industrialization
D) advanced industrialization
Agricultural Revolution
The significant transition in human history marked by the shift from hunting and gathering to settled agricultural communities, leading to population growth and societal changes.
Advanced Industrialization
A phase of economic development characterized by extensive growth in industrial capacity, technological advancements, and the mass production of goods.
- Evaluate the outcomes and methods associated with neoliberal globalization policies on national economic systems.
Verified Answer
KD
Kelly DinoffMay 21, 2024
Final Answer :
D
Explanation :
Globalization is most beneficial to a country at the stage of advanced industrialization because at this stage, countries have the technological, financial, and institutional capacities to engage effectively in the global market, leveraging their advanced industries for global trade and investment.
Learning Objectives
- Evaluate the outcomes and methods associated with neoliberal globalization policies on national economic systems.
Related questions
On Which of the Following Conditions for Economic Development Does ...
With Which of the Following Theories Are the Policies of ...
After a Heated Discussion on Economic Development Strategies for Poor ...
Define McDonaldization and Its Main Aspects
Describe Main Characteristics of Neoliberal Globalization ...