Question

Which of the following statements best describes our understanding of the term 'globalization'?

a) Globalization refers to the process by which shared hegemonic values pervade societies across the

globe, drawing them into an ideological community, most often based on the economic principles

of capitalism.b) Best described as intensification of worldwide social relations and increasing interdependence,

globalization is the result of the compression of space and time through the development of new

technologies.

c) Globalization is best described as the 'shrinking' of the global community, drawing people into

closer contact with one another primarily at the economic and technical levels.

d) Globalization process is a direct result of technological advancement in communications and

travel industries that facilitate the efficient transportation of physical objects, people and ideas

across the globe​

Answer 1

Options A and B is the correct answer

Explanation:-

a) Globalization refers to the process by which shared hegemonic values pervade societies across the  globe, drawing them into an ideological community, most often based on the economic principles  of capitalism.

b) Best described as intensification of worldwide social relations and increasing interdependence, globalization is the result of the compression of space and time through the development of new  technologies.

Answer 2

Answer:

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