Which statement best explains the way globalization has impacted different groups of people throughout the world?
a. It has decreased inequality in the developed world but increased inequality in the developing world
b. It has reduced global inequality while raising inequality in the world's poorest countries
c. It has widened the gap between the rich and the poor but benefited the middle class in many developing nations
d. It has increased inequality in industrialized countries but decreased inequality in countries that remain primarily agricultural
Question 2
Which factor tends to keep countries in sub-Saharan Africa desperately poor despite globalization?
a. Extreme flooding and monsoons
b. Political instability and corruption
c. The loss of manufacturing jobs for Europe and Asia
d. High deficits resulting from an oversized welfare state
Example of an Explanation of Benefits statement.
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