Question

Which of the following is an essential characteristic of the global economy?

A. Agriculture
B. Communication using technology
OC. Factories
O D. All of the above

Answer 1

The essential characteristic of the global economy is communication using technology.

Step-by-step explanation:

The essential characteristic of the global economy is communication using technology. Advances in transportation and telecommunications infrastructure, including the rise of the internet, have played a major role in globalization and the interdependence of economic and cultural activities. These technologies have made it easier and cheaper to manage long-distance economic connections, leading to greater trade and the dissemination of knowledge.