Question

Which of the following describes an effect of the free enterprise system

during the 20th century?
OA. It undermined free trade agreements by convincing global leaders
to protect domestic industries from foreign competition.
OB. It decreased the influence of lobbyists by preventing them from
using corporate funds to influence lawmakers.
C. It contributed to globalization by encouraging companies to
develop new shipping and communications technologies.
OD. It increased American dependence on Middle Eastern oil by
discouraging research into alternative fuel sources.

Answer 1

The free enterprise system during the 20th century contributed to globalization by encouraging companies to develop new shipping and communications technologies.

Step-by-step explanation:

The effect of the free enterprise system during the 20th century that describes an effect of free enterprise system during the 20th century is option C: It contributed to globalization by encouraging companies to develop new shipping and communications technologies.

1. Reductions in trade barriers, improved communication, and transportation technologies have made people more aware of what is available in the rest of the world. This has led to increased international trade and economic integration, which is a key aspect of globalization.
2. Companies have been motivated to develop new shipping and communications technologies to facilitate trade and communications across borders.
3. As companies expanded their operations globally, they have created job opportunities and contributed to economic growth in both domestic and foreign markets.