Question

Which of the following best explains how globalization trends have helped China experience economic growth?

A. China has experienced economic growth due to the increase in demand for customer service that it provides at an effective cost.
B. China has experienced economic growth due to its lack of infrastructure, which makes globalization possible.
C. China has experienced economic growth because its large workforce and cost-effective manufacturing allows it to produce many products globally in demand.
D. China has experienced economic growth due to its ability to export exotic agricultural products globally in demand.

Answer 1

China's economic growth is explained by its large workforce and cost-effective manufacturing, allowing it to produce globally in-demand products.

Step-by-step explanation:

The correct answer is C. China has experienced economic growth because its large workforce and cost-effective manufacturing allow it to produce many products globally in demand.

China's economic growth can be attributed to its utilization of globalization trends. The country has a large workforce and cost-effective manufacturing, which allows it to produce a wide range of products in demand globally. The rise of multinationals and the opening of China to international trade and investment have played a crucial role in China's economic growth.

For example, factories constructed for multinational corporations in cities like Shanghai, Guangzhou, and Shenzhen have employed workers from the Chinese countryside. China's policy of creating special economic zones (SEZs) in coastal cities has also fueled economic growth. Open trade and interaction with the global community have allowed China to catch up with the rest of the world in terms of technology and communication, creating new opportunities and employment possibilities.

Answer 2

China's economic growth is accredited to its large, cost-effective workforce and favorable manufacturing policies that meet global demand. Lowered costs in shipping and telecommunications, along with SEZs and WTO membership, have further spurred China's economic integration globally.

Step-by-step explanation:

The economic growth of China has been significantly impacted by globalization trends, aiding the country to become one of the world's fastest-growing economies. This growth can be attributed to several factors. Most notably, China's large and educated workforce, combined with government policies favoring production and exports, has granted China a comparative advantage in manufacturing. This cost-effective labor force has allowed China to become a leading global manufacturer for products in high demand.

Additionally, improvements in shipping and air cargo, along with advancements in computing and telecommunications, have decreased costs for managing long-distance production and sales connections, contributing to China's economic expansion. With the country joining the World Trade Organization (WTO) in 2001 and the creation of Special Economic Zones (SEZs), there has been a further increase in urban and economic growth, particularly in coastal cities, enhancing China's integration into the global market.