According to the text,among the most significant political causes of globalization was the:
A) development of a socialist alternative to the capitalist world market
B) rise of Islamic fundamentalism as a response to Western political influence in the Arab world
C) collapse of the Soviet bloc and the end of isolation for the former second world
D) space race
E) Cold War

Question

Quizplus · Accepted Answer

The collapse of the Soviet bloc and the end of isolation for the former second world was a significant political cause of globalization as it led to the integration of these economies into the global market and the spread of Western-style capitalism. This also opened up new opportunities for multinational corporations to expand their operations and increase their profits. The end of the Cold War also led to a reduction in trade barriers and increased cooperation between countries, further promoting globalization.

According to the Text,among the Most Significant Political Causes of Globalization