Advertisements
Advertisements
Question
The consolidation of the world economy means ______.
Options
modernization
urbanization
industrialization
globalization
Advertisements
Solution
The consolidation of the world economy means globalization.
RELATED QUESTIONS
Suggest/State an appropriate concept/word.
The companies that operate in several countries.
Explain the co-relation between the following.
GATT and WTO
Identify the incorrect pair in the set and rewrite.
State the appropriate concept for the given statement.
A ship that carries huge cargo from one country to another -
Explain the concept of 'globalisation' and explain the changes that have taken place in the economic sector due to globalisation based on the following points.
A) Free flow of capital investment
B) Changes in the concept of trade
C) The rise of transnational companies
In ____ GATT was replaced by WTO.
State whether the following statement is true or false with reason.
Investment is required for economic development.
State whether the following statement is true or false with reason.
Capital investment is one-way process.
Identify the incorrect pair in the set and rewrite.
Uniliver is a transnational corporation, because ______.
