Question

Which shows the greatest degree in which the modern Chinese business model is affecting humanity?

a)Chinese technology has allowed for the design of cheap, easily assembled, prefabricated housing to be used in any regions stricken by poverty or hit by natural disasters. b)China possesses 25 percent of Earth’s resources, which are used in manufacturing and disseminated all over the world by trade. c)China produces 70 percent of all cell phones and 90 percent of all computers, enabling Earth’s inhabitants to communicate easily and improve their lives. d)China, the largest creditor nation, holds trillions of dollars’ worth of international debts, effectively controlling the global economy.

Answer 1

Correct Answer:

d)China, the largest creditor nation, holds trillions of dollars’ worth of international debts, effectively controlling the global economy.

Step-by-step explanation:

China is another great country in the Asian continent region that is famed for its cheap technological production and sales of products especially electronics. Despite being populated, the country was still able to make giant strides in its development. These comes with a huge price to the society.

For example, China is the largest creditor nation with loan given to countries such as America, most African countries, Other Asian countries etc. This debts effectively controls the global economy through it series of policies and actions.