Asked by Madisyn Thompson on May 04, 2024

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The growth and spread of investment,trade,production,communication,and new technology around the world is called

A) globalization.
B) deindustrialization.
C) offshoring.
D) reskilling.

Globalization

The growth and spread of investment, trade, production, communication, and new technology around the world.

Spread of Investment

The diversification of investments across different sectors, assets, or geographies to reduce risk and achieve a more stable return.

Production

The process of creating goods and services through the combination of labor, materials, and technology.

  • Comprehend the concept and consequences of globalization on the workforce.
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ZK
Zybrea KnightMay 06, 2024
Final Answer :
A
Explanation :
Globalization refers to the interconnectedness and integration of economic, political, cultural, and social systems and processes across national borders. It involves the movement of goods, services, capital, people, and ideas around the world, and has resulted in tremendous changes in the way we live, work, and interact with each other. The other choices (deindustrialization, offshoring, and reskilling) are related to specific aspects of globalization, but do not capture the broad scope of this phenomenon.