Question

exam lesson name: the political process
exam number: 700111rr
exam guidelines
exam instructions
question 3 of 20 :
select the best answer for the question

1. the methods of handling businesses and industries that conduct business around the world is known as

a. privatization.
b. socialism.
c. globalization.
d. migration.

Explanation:

To solve this, we analyze each option:

• Option A: Privatization is the transfer of ownership from public to private, not about global business handling.
• Option B: Socialism is an economic system with public ownership, not related to global business methods.
• Option C: Globalization refers to the methods and processes of businesses/industries operating globally, matching the question's description.
• Option D: Migration is about people moving, not business operations.

Answer:

C. globalization