History economic simple 30 points!! Which phase of the business cycle is the best for the economy? Explain your answer.

The term globalization is best defined as: a. a reduction in the political and military power of imperial countries over their colonies. b. an increasing interaction among citizens and businesses of countries around the world. c. the spread of philosophies based on the right of all nations to political independence. d. the establishment of international laws protecting all people's human and civil rights.