Question

Describe the role of technology in promoting globalisation process.

Answer 1

Answer:

The most important factor that has increased the globalization process is Rapid improvement in technology. The most prominent development is the improvement in transportation technology which has made the delivery of goods over long distance possible at a lower cost in a shorter duration of time.

Answer 2

Role of technology in promoting globalisation process:

• The 'role of technology' in promoting the globalisation process is a  fast improvement in technology.

• With the help of technology, many multi-national companies and famous brands have been able to enlarge their business into different countries.

• The trade barrier, cost of transportation, delay in the exchange of information, lack of the ethical standard, etc.

• It have been able to be broken. Moreover, they generate employment in different nations which in turn is good for the economy of that particular nation.

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