The growth of the Internet in the late twentieth century enabled the rapid, low-cost transmission of information across the globe. By connecting computers worldwide, this new communication network allowed businesses to manage daily operations, track inventory, and communicate with partners in different countries in real time.
Based on the passage and your knowledge of world history, which of the following was a major economic consequence of the rapid spread of the communication technology described?
- AThe complete homogenization of all regional cultures into a uniform global lifestyle.
- The development of highly integrated global supply chains.Answer
- CThe adoption of mercantilist trade systems that restricted commerce to state-controlled monopolies.
- DThe launch of the Green Revolution as a movement to promote eco-friendly, organic farming.
Answer
The development of highly integrated global supply chains.
The correct answer is the development of highly integrated global supply chains. The Internet allowed companies to transmit data instantly and cheaply, making it feasible to manage complex networks of production and distribution across different nations in real time.
Step-by-Step Solution
Key Concept
The economic impact of late-twentieth-century advances in communication and information technology.