The process of increasing connections in the areas of economics, ...

[ss2343]

The process of increasing connections in the areas of economics, communications, technology, and politics is known as
 
  a. modernization.
  b. interdependence.
  c. globalization.
  d. dependency.
  e. fundamentalism.

Question 2

In this economic system the state neither heavily regulates the economy nor creates large social welfare systems. Rather, it participates in the economy alongside private businesses through full or partial ownership of large individual companies.
 
  a. Social Market Economy
  b. Asian Economic Model
  c. Socialism
  d. Mercantilism
  e. State capitalism

[Hikerman221]

Answer to Question 1

C

Answer to Question 2

E

[ss2343]

Thanks for the timely response, appreciate it

[mohan]

YES! Correct, THANKS for helping me on my review