Globalization of the world economy has been led primarily by
A) Transnational corporations
B) The United Nations
C) Investment bankers
D) The United States Government
E) The International Monetary Fund

Question

Quizplus · Accepted Answer

Transnational corporations have been the primary drivers of globalization, as they have expanded their operations into multiple countries, creating a global network of production, distribution, and finance. They have been able to do this due to advancements in technology, transportation, and communication, as well as changes in government policies that have allowed for increased trade and investment flows. The influence of the UN, investment bankers, US government, and IMF has played a role in globalization, but it has been secondary to the actions of transnational corporations.

Globalization of the World Economy Has Been Led Primarily by