Question

What three reasons are used to explain the retreat of the radical position by the early 1990s?

a) Economic liberalization, technological changes, and political shifts
b) Increased protectionism, trade barriers, and reduced globalization
c) Environmental concerns, social movements, and labor strikes
d) Regulatory changes, currency fluctuations, and economic instability

Answer 1

The retreat of the radical position by the early 1990s was influenced by economic liberalization, technological changes, and political shifts.

Therefore, option a is correct.

Step-by-step explanation:

The three reasons that were used to explain the retreat of the radical position by the early 1990s were:

1. Economic liberalization: The expansion of free markets and reduction in government regulations allowed for global economic integration and increased competition.
2. Technological changes: Advancements in technology, particularly in transportation and communication, made it easier for companies to operate globally and compete in the international market.
3. Political shifts: There was a shift in political ideology towards more conservative policies, which favored deregulation and free trade.