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Chapter 2: Problem 87

Which of the following statements describes a result of the increase in globalization over the past half century? (A) Terrorist attacks have begun to decrease as more countries are working in cooperation with one another. (B) Many counties are more dependent on each other for their economic growth. (C) Human rights have declined sharply around the world. (D) The number of refugees around the world has declined.

Short Answer

Expert verified
(B) Many countries are more dependent on each other for their economic growth.

Step by step solution

01

Evaluating Statement A

Statement A says that terrorist attacks have begun to decrease as more countries are working in cooperation with one another. While there might be more cooperation among countries, this statement doesn't directly address the impact of globalization. Therefore, this is not the best answer.
02

Evaluating Statement B

Statement B says that many counties are more dependent on each other for their economic growth. This statement is related to the process of globalization, which involves the increased interconnectedness of national economies and the expansion of international trade and investment. As countries become more integrated economically, they become more reliant on each other for growth. Thus, this statement accurately describes a result of globalization.
03

Evaluating Statement C

Statement C says that human rights have declined sharply around the world. Although there may be instances where globalization has had negative impacts on human rights, this statement is too general and doesn't necessarily describe a direct result of globalization. Therefore, it is not the best answer.
04

Evaluating Statement D

Statement D says that the number of refugees around the world has declined. While the reasons behind the movement of refugees are complex and varied, this statement does not sufficiently describe a result of globalization and its impact on a global scale. Thus, it is not the best answer. Based on the analysis above, the correct answer is: (B) Many countries are more dependent on each other for their economic growth.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Economic Interdependence
Economic interdependence is a key feature of globalization. It refers to the way countries take on a mutual reliance for resources, markets, and production processes. Imagine a close-knit web connecting various nations.
As countries trade more and partner on economic policies, they become more interdependent. This means if one country's economy falters, others can feel the impact.
Key characteristics include:
  • Import and export relationships
  • Shared technology and innovation
  • Cross-border investments
  • Global supply chains
Economic interdependence encourages cooperation, but also poses risks if financial downturns occur in major economies.
International Trade
International trade is the exchange of goods and services between countries. This is a driving force behind globalization. It allows nations to specialize in producing what they are good at.
For example, a country with rich mineral resources might focus on mining, trading with other nations for what they lack.
Benefits of international trade include:
  • Access to a larger variety of goods and services
  • Economic efficiency and growth
  • Increased innovation from global competition
Trade agreements and economic partnerships often formalize these exchanges, helping to stabilize and guide them. It fosters economic ties and dependencies between countries.
Economic Growth
Economic growth is an increase in a country's production of goods and services over time. It is often referred to in terms of Gross Domestic Product (GDP).
Globalization can accelerate economic growth by opening up new markets and opportunities for trade.
Positive impacts of globalization on economic growth include:
  • Increased foreign direct investment
  • Technological advancements from global exposure
  • Access to broader markets for local businesses
However, this growth can be uneven, leading to disparities in wealth distribution both locally and globally. While some benefit greatly, others may not see the same level of improvement.
Human Rights Impact
Globalization has a complex relationship with human rights. On one hand, it can promote better standards by encouraging global norms and watchdog actions.
On the other hand, the race for cheaper labor can lead to exploitative practices.
Some important aspects to consider are:
  • International attention to human rights abuses
  • Global campaigns improving awareness and action
  • Possibilities for policy changes through international forums
However, challenges remain, such as:
  • Labor rights violations in countries with weak enforcement
  • Negative impacts on local cultures and traditions
The global community has a responsibility to balance economic benefits with the moral imperative of protecting human rights.

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Most popular questions from this chapter

Why did Elizabeth Cady Stanton change the first few lines from the Declaration of Independence to "we hold these truths to be selfevident: that all men and women are created equal"? (A) to show that it should be obvious that men and women should have equal rights (B) to show that the Founding Fathers obviously didn't want women to have any rights (C) to show that men and women should be treated differently with regard to voting (D) to point out the horrors of slavery

All of the following are valid reasons monopolies are not allowed to exist in the United States EXCEPT (A) monopolies are too efficient. (B) monopolies prevent healthy competition. (C) monopolies often give consumers fewer choices. (D) monopolies give too much power to one company.

What effect has the Mississippi River had on the development of the American Midwest? (A) The river provides a valuable source of salt to the towns in the region. (B) The river provides an important connection to the sea for landlocked Midwestern states. (C) The river has had a negligible impact on the development of the region. (D) The river provides a valuable east-west connection across the United States.

Why did Elizabeth Cady Stanton model her document after the Declaration of Independence? (A) to highlight the fact that their fight for equality was baseless (B) to acknowledge that women would soon be accepted as superior to men (C) to highlight the hypocrisy of not allowing women to vote and participate in making laws that they will be governed by (D) to celebrate women's achievement of equal rights nearly 70 years after the signing of the Declaration of Independence

. The Cold War began at the end of World War II due to mistrust between the democratic United States and the communist Soviet Union. Each nation feared each other's style of government and began to build an arsenal of nuclear weapons to intimidate the other. Which of the following statements is NOT true about the early part of the Cold War? (A) The Warsaw Pact was created as a response to the formation of NATO. (B) NATO and the Warsaw Pact were created to work together to promote world peace. (C) The United States and Western European nations felt threatened by communist actions in Eastern Europe and formed an alliance to confront those threats. (D) The United Nations was formed primarily to promote world peace after two devastating world wars.
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