Which of the following describes the effect of economic globalization on wealthy nations like the United States quizlet?

Which of the following describes an effect of economic globalization on the United States quizlet?

Which of the following describes an effect of economic globalization on the United States? Companies moved their manufacturing operations to Asia and Latin America, forcing many unskilled American workers to work the service sector.

Which of the following factors contributed to economic globalization during the twentieth century?

40 Cards in this Set.

What factors contributed to economic globalization during the twentieth century quizlet?

Technology also contributed to economic globalization; containerized shipping, huge oil tankers, and air express services dramatically lowered transportation costs, while fiber optic cables and later the Internet provided the communication infrastructure for global interaction.

How did the Bretton Woods system affect globalization after World War II quizlet?

What effect did the Bretton Woods system have on globalization after World War II? A. It established rules for commercial and financial dealings among major capitalist countries.