Which of the following correctly describes globalization? (1 point)
O Globalization is the increase in income inequality within developed countries.
O Globalization is the process of integration among individuals, businesses, and governments.
Globalization is the increase in the value of knowledge and information within an economy.
O Globalization is the process of decreasing per-unit costs with increasing production.

Question

10-05-2022
Chemistry

contestada

Which of the following correctly describes globalization? (1 point)
O Globalization is the increase in income inequality within developed countries.
O Globalization is the process of integration among individuals, businesses, and governments.
Globalization is the increase in the value of knowledge and information within an economy.
O Globalization is the process of decreasing per-unit costs with increasing production.

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According to the context, globalization is the process of integration among individuals, businesses and governments.

What is globalization?

It is a historical process of global integration in the economic, political, technological, social and cultural spheres.

It is characterized by a progressive integration and interaction between countries, people and institutions with the expansion of capitalism and democracy, and with values such as multiculturalism and diversity.

Therefore, we can conclude that according to the context, globalization is the process of integration among individuals, businesses and governments.

Learn more about globalization here: https://brainly.com/question/16953231

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