4 reasons for the factors of globalisation
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Factors influencing Globalization are as follows: (1) Historical (2) Economy (3) Resources and Markets (4) Production Issues (5) Political (6) Industrial Organisation (7) Technologies.
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FACTORS LEADING TO GLOBALISATION
⇒ Interdependence leads to globalisation. As we depend on each other in the Society , we are actually contributing to Globalisation.
⇒ Development and competition forces us to depend on each other and co operate with one another . This leads to globalisation.
⇒ For achieving certain aims , the countries need to unite and co operate with each other and hence leading to globalisation.
⇒ To prevent wars. Globalisation creates friendly relations between countries and can prevent wars.
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