Which of the following is true of the Great Transformation?
A) It does not take purchasing power parity (PPP)into account.
B) It is the linear story of the high speed economic growth of the developed world.
C) It refers to emerging economies struggling to compete with developed nations.
D) It refers to the shift in economic weight and engines of growth toward emerging economies.

Question

Quizplus · Accepted Answer

The Great Transformation refers to the shift in global economic power and growth engines from developed countries to emerging economies, highlighting their increasing influence in the global economy.

Which of the Following Is True of the Great Transformation