In 2019, the first lithium-ion battery cell gigafactory project was initiated in the European Union to reduce dependency on imports from other countries. To which social megatrend is this gigafactory best related?

Question

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The question asks which social megatrend the EU's first lithium-ion battery cell gigafactory project in 2019 is best related to.
Option 1: Automation and artificial intelligence. While automation and AI are important for manufacturing efficiency, this choice focuses on internal process optimization rather than the strategic geopolitical or cross-border trade implications highlighted by building a gigafactory to reduce imports.
Option 2: Inequality and wealth creation. This megatrend concerns distribution of income and assets, social equity, and related policies. The gigafactory’s stated aim is to cut dependency on imports, which is more about international trade and supply chains than about shifting wealth distribution within a society, so this option is not a precise fit for the described motivation.
Option 3: Globalization. This choice centers on cross-border economic integration, dependency on global supply chains, and international trade dynamics. A project intended to reduce reliance on imports from other countries directly engages with globalization by reshaping how the region sources critical components, aligns with global supply chain diversification, and reduces exposure to external shocks.
In summary, the gigafactory’s purpose of reducing import dependency aligns best with globalization, as it emphasizes international trade relationships, cross-border supply chains, and regional resilience in the global economy.

FINA3401.13791.202610 Practice Quiz CH 4

In 2019, the first lithium-ion battery cell gigafactory project was initiated in the European Union to reduce dependency on imports from other countries. To which social megatrend is this gigafactory best related?

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