Declining globalization does not summarize the major developments of the 20th centuries.
What is globalization?
Globalization is the process of interaction and integration among people, companies, and governments worldwide. It is a process to connect internationally with countries all over the globe. It has accelerated since the 18th century due to advances in transportation and communications technology. Academic literature commonly divides globalization into three major areas: economic globalization, cultural globalization, and political globalization.
Therefore, (b)option is the correct answer.
To learn more about globalization, refer here:-
https://brainly.com/question/17863739
#SPJ2
