Explain the factors which facilitate globalisation.
Answers
Answered by
51
Significant improvements in transport, information and communication technologies (structural change)
Propelled by cheaper and faster transportation, more innovative information technology
Changes in individual tastes and preferences enabling greater choice and variety of goods and services
Multinational FirmsChanges in government policy (reduction in protection and trade barriers)
Better Economic Management
Propelled by cheaper and faster transportation, more innovative information technology
Changes in individual tastes and preferences enabling greater choice and variety of goods and services
Multinational FirmsChanges in government policy (reduction in protection and trade barriers)
Better Economic Management
Answered by
29
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.
Hope it helps :-)
____________________________________________________________________
Similar questions