Impact of Globalization on the American Economy

Easy Period 9: 1980–present Globalization

Globalization, particularly from the 1980s onward, has transformed various aspects of societies across the globe. One notable effect has been the rise of multinational corporations and their influence on economies and cultures. These corporations often operate in multiple countries and shape industries through their international practices. Which of the following statements best reflects the impact of globalization on the American economy during this period?

It led to a decrease in international trade and investment.

It resulted in the emergence of new job sectors, particularly in technology and services.

It reinforced isolationist policies among U.S. businesses.

It caused the American economy to revert to primarily agrarian practices.

Hint

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