Final answer:
Globalization has led to the creation of global supply chains, which are internationally linked networks for manufacturing and marketing. The answer is D) Global supply chains, reflecting the interconnected economic world involving multinational corporations.
Step-by-step explanation:
Globalization has led to the development of global supply chains, where internationally integrated economic links connect workers and corporations for the purpose of manufacture and marketing. The correct answer to the question is D) Global supply chains. This concept relates to the increasingly interconnected nature of economic activities across the world, facilitated by advances in transport, communication, policy liberalization, and technological innovation.
For instance, maquiladoras in northern Mexico exemplify this process, where workers assemble imported pre-cut pieces of fabric into garments. Such networks are integral to the function of multinational corporations and play a critical role in the global economy, influencing labor practices, trade patterns, and the international distribution of wealth.
The phenomenon is a testament to how globalization causes a dynamic shift in economic activities from a local or national focus to a broader, more integrated approach that spans multiple borders.