Question

select the correct answer.
what facilitated the rise of a global economy?
a. the decline of communist regimes around the world
b. an era of relative peace, with significantly less warfare in the world
c. greater competition among countries
d. the advent of information technology, which made communication easier

Explanation:

To determine what facilitated the rise of a global economy, we analyze each option:

• Option A: The decline of communist regimes (e.g., in the late 20th century) opened up previously closed economies to global trade and investment, integrating them into the global economic system.
• Option B: An era of relative peace with less warfare is a general condition but not the primary driver of global economic integration compared to the decline of communist regimes and technological/structural changes.
• Option C: Greater competition among countries is a result of globalization rather than a cause of the rise of the global economy.
• Option D: While information technology aided communication, the decline of communist regimes (which opened up large markets and economic systems) was a more direct facilitator of the global economy’s rise.

Answer:

A. the decline of communist regimes around the world