Question

__________ is the rapid travel of ideas, culture, goods, and information across national borders. When economists measure a country's development, the most important factor they study is its __________. A. gross domestic product B. crime rate C. literacy rate D. life expectancy

Answer 1

1. B. Globalization

2. A. gross domestic product

Step-by-step explanation:

Globalization is defined as the growing connection between the economies, cultures, ideas, and information across the border in the world. Globalization connects people and trade from different part of the world and establishes economic, political, and cultural integration.

Gross domestic product or GDP is defined as the economic measure of all the services and goods in a specific time period. GDP is an important factor used by economists to measure a country's development because GDP includes all the calculation of a country's all monetary consumption whether it is private and public sector.

Hence, the correct options are "1. B. Globalization 2. A. gross domestic product."