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History, 25.05.2021 01:10 fernandoramirez086

Refer to the passage. "Most powerfully, digital flows open up the global economy to anyone with an Internet connection. That reduces the barriers to entry and changes old rules about how business is done—and who can participate.

You no longer need to be a big, well-capitalized multinational company to compete globally. Thanks to digital platforms such as Alibaba and Amazon, even small-scale entrepreneurs can connect directly with customers and suppliers around the world, transforming themselves into ‘micro multinationals.’”

"These Charts Show How Globalization Has Gone Digital” by James Manyika, Susan Lund, and Jacques Bughin, 2016

Which of the following world events was shaped by the digital technology described in the passage?

The Arab Spring of 2010 gained momentum with social media posts and culminated with the deposing of four dictators in the Middle East.
Casualties from the 2004 tsunami in South Asia were minimalized due to the automated early-warning systems.
The global economy contracted in 2008 following the failure of computer networks to adequately handle the trading of mortgage-backed securities.
South Sudan was established as a sovereign state in 2011 after an extensive online campaign to break away from the country of Sudan.

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