Final answer:
Recognizing diversity is crucial for companies to compete globally as it brings a wide range of perspectives and skills. The market revolution significantly changed the social and economic landscape, and globalization has increased business competition. Firms have incentives to target broad markets and hire diverse workforces, while the U.S. does not have higher voting rates than comparable democratic countries.
Step-by-step explanation:
The notion that recognizing diversity allows companies to compete globally is true. A diverse workforce brings a variety of perspectives, skills, and experiences which are crucial for innovation and understanding different markets. By harnessing the benefits of diversity, companies can enhance problem-solving, drive innovation, and tap into a wider range of customer demographics.
In relation to the American middle class, the concept of separate spheres and the Cult of Domesticity indeed allowed them to distinguish themselves from the working class, suggesting a hierarchal superiority based on social roles and economic status.
Furthermore, the market revolution undoubtedly brought numerous social and economic changes to the United States, reshaping the country's economic landscape through industrialization and the expansion of markets.
The impact of globalization and advancements in communications and information technology has unequivocally increased competition among firms by introducing competitors from various regions and countries, thus widening the market and the demand for innovation.
Regarding gender and ethnicity in businesses, it is a factual statement that firms have a profit incentive to sell to all demographics. Additionally, a business in need of expansion may face a shortage of labor if only drawing from a traditional pool of workers. In such cases, there is an incetive to hire from a more diverse talent pool, including women and minorities.
The claim that voting rates in the United States are higher than in most industrialized democratic countries like Sweden and South Korea is false.