_____ refers to the shift toward a more integrated and interdependent world economy.
A) Forward integration
B) Mass customization
C) Globalization
D) Commercialization
E) Vertical integration

Question

Quizplus · Accepted Answer

Globalization refers to the shift toward a more integrated and interdependent world economy, where goods and services, capital, and people move across borders more easily than before. This integration is driven by advances in technology, transportation, communication, and trade policies. The result is a more interconnected world, where businesses, governments, and individuals are all affected by events and trends in other countries.

_____ Refers to the Shift Toward a More Integrated and Interdependent