Question

Discuss the role of technology in the globalisation process

Answer 1

Rapid improvement in technology has been playing a key role in encouraging the globalization process.
Improvements in transportation technology, e.g. container manufacturing has made faster delivery of goods across long distances at lower costs.
There have been rapid developments in information and communication technology, e.g. computer, internet, etc. They have made easy access to any person or place around the world.
Thus, it can be said that technology has stimulated the globalisation process.

Answer 2

Answer:

Technology has helped us in overcoming the major hurdles of globalization and international trade such as trade barrier, lack of common ethical standard, transportation cost and delay in information exchange, thereby changing the market place.