Advantages of the new global economy in the late 1800s included all the following EXCEPT

Question

a. the ability of smaller, poorer European states to gain access to much-needed resources and markets.
b. working class and peasant access to luxury goods that were once available only to the privileged.
c. underdeveloped areas in the world gained access to European markets and goods.
d. the global economy evened out economic fluctuations thus preventing local depressions.
e. new technologies were made available around the world and foreign products became available in the West.

Answer 1

d