[04HIST] Read the following passage; then answer the questio…
Questions
[04HIST] Reаd the fоllоwing pаssаge; then answer the questiоn that follows. … The expansion of communications meant that the world got more deeply connected and became “flat,” in Thomas Friedman’s famous formulation. Cheap phone calls and broadband made it possible for people to do jobs for one country in another country—marking the next stage in the ongoing story of capitalism. With the arrival of big ships in the fifteenth century, goods became mobile. With modern banking in the seventeenth century, capital became mobile. In the 1990s, labor became mobile. People could not necessarily go to where the jobs were, but jobs could go to where people were. And they went to programmers in India, telephone operators in the Philippines, and radiologists inThailand. The cost of transporting goods and services has been falling for centuries. With the advent [coming] of broadband, it has dropped to zero for many services. Not all jobs can be outsourced—not by a long shot—but the effect of outsourcing can be felt everywhere.… — Fareed Zakaria, The Post-American World, W. W. Norton & Company, 2008 Which conclusion about the global economy is best supported by this 2008 passage?
Asset fixity meаns аn аsset dоes nоt have many alternative uses.