Question

cumulative exam cumulative exam review active how do american consumers most benefit from globalization? reducing costs for labor and resources lowers the prices of goods. creating industries in less - developed countries increases competition building factories in foreign countries shifts some jobs overseas. competing in a global marketplace forces smaller companies to close

Explanation:

Globalization allows companies to source labor and resources more cheaply. This cost - reduction enables them to lower the prices of goods they sell, which directly benefits consumers like Americans by increasing their purchasing power. The other options either don't directly benefit consumers (job - shifting, small - company closures) or the increase in competition from creating industries in less - developed countries is more of an indirect or secondary effect compared to price reduction.

Answer:

Reducing costs for labor and resources lowers the prices of goods.