The relationship between globalization and inequality is that globalization:
A) appears to reduce inequality by expanding opportunities in the developing world
B) appears to increase inequality as people in developing nations benefit from new jobs
C) is not related to inequality because national political structures maintain consistent standards of living for their citizens
D) increases inequality as the expansion of global trade concentrates wealth within a small core of countries

Question

Quizplus · Accepted Answer

Globalization has led to the concentration of wealth within a small core of countries. This is mainly due to the fact that wealthier nations are more likely to benefit from the process of globalization because they have the necessary resources and infrastructure to engage in international trade. On the other hand, developing nations often lack the necessary resources and infrastructure to compete in the global market, resulting in their inability to benefit from globalization. This leads to an increase in inequality both within and between nations.

The Relationship Between Globalization and Inequality Is That Globalization