Question

how do american consumers most benefit from globalization?
reducing costs for labor and resources lowers the prices of goods.
creating industries in less - developed countries increases competition.
building factories in foreign countries shifts some jobs overseas.
competing in a global marketplace forces smaller companies to close.

Explanation:

Globalization often leads to companies sourcing labor and resources from cheaper locations. This cost - reduction allows them to lower the prices of goods. Consumers benefit directly from lower - priced products.

• Option 2 about creating industries in less - developed countries increasing competition is more of an indirect or long - term effect and not the most direct consumer benefit.
• Option 3 about job shifts overseas is a negative for domestic workers (not consumers in terms of direct benefit from consumption).
• Option 4 about smaller companies closing is a negative for the business landscape (not a consumer benefit in terms of consumption).

Answer:

Reducing costs for labor and resources lowers the prices of goods.