Globalization of Capital Quiz
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Questions and Answers

What is a primary reason for the globalization of capital?

Rich and powerful banks and industrial companies seek to exploit cheap labor and democratic deficiencies in developing countries.

How do globalization proponents argue it benefits developing countries?

They argue that globalization creates jobs in poor countries.

What type of rights might be lacking in countries that attract globalization of capital?

Democratic rights, such as the right to form trade unions.

In what regions is globalization of capital mostly established?

<p>Globalization of capital is mostly established in developing countries.</p> Signup and view all the answers

What is one negative outcome often associated with the globalization of capital?

<p>Exploitation of cheap labor and reduced labor rights.</p> Signup and view all the answers

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