Developing countries are nations with an underdeveloped industrial base where people have lower life expectancy, less education, and less income

True

False

Transitional countries are countries with a lot of industrial activities and where people generally have high incomes.

True

False

Global media refers to forms of mass communication, like traditional and social media that reach across the world.

True

False

Surpluses and shortages of raw materials cause significant price fluctuations in the short term, and the prices of things like crude oil can make or break businesses that rely on these products. These changes can be classified as a risk associated with a scarcity of resources.

True

False

Cultures with a high power distance are very distrustful and intolerant of authority and unequal distributions of power

True

False