Karl Marx promoted the idea of a(n) society in which the state owned the means of production, distribution, and exchange.

Socialist.

Explanation:

As the exercise briefly describes, Marx's theories developed a society in which the state owned the means of production, distribution, and exchange. As it's not just an economical theory, the Socialist theory has many variables and varieties but they converge in that the state is meant to manage the means of production and distribution.

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recent improvements in technology/telecommunication/internet have increased the pace of globalization.

explanation:

recent improvements in technology have enhanced the pace of globalization. it is not difficult to recognize that technology has created the human race one big issue. there are several aspects to technology but they all serve to meet us the further. i can beat and be friends with a fellow, thousands of miles away. technology has also bridged the knowledge gap and has presented for the ready transfer of ideas and values.