Question:

“Improvement in technology has stimulated the globalisation process.” Explain the statement with examples.

Updated On: Dec 22, 2024
Hide Solution
collegedunia
Verified By Collegedunia

Solution and Explanation

Technological advancements have accelerated globalization in the following ways:
• Improved Communication: Technologies like the Internet and mobile phones enable instant global communication.
• Efficient Transportation: Faster modes of transport, such as cargo ships and airplanes, facilitate trade and movement.
• Automation in Manufacturing: Automation has reduced costs and made products available worldwide. For example, cars produced in Japan are exported globally.
• E-Commerce: Platforms like Amazon and Alibaba allow businesses to sell products internationally.
• Global Connectivity: Social media platforms connect people, spreading cultures and ideas globally.

Was this answer helpful?
0
0