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The 20ᵗʰ Century Wave of Globalization Was Similar to the 19ᵗʰ

Question 36

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The 20ᵗʰ century wave of globalization was similar to the 19ᵗʰ century wave in that:


A) transportation and communications costs fell rapidly
B) people far from one another became connected through the expansion of trade
C) a hegemon rose and then declined
D) a wave of financialization arose during the period of hegemonic decline
E) the declining hegemons engaged in imperial overreach
F) the hegemons were about the same size relative to the economic size of the whole system
G) a, b, c, d, and e
H) none of the above

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