Social Sciences, asked by nikhil1339, 1 year ago

How has the technology helped in enabling globalisation. Explain briefly.



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Answered by Anonymous
4
IT or information technology does a few things -

Storage of large amounts of informationUbiquitous Access to the informationAstronomical types and amounts of calculations on the informationInstant Communication from large distance in any format (text, video, audio) at low cost.Things can be automated and scripted.

All of these ultimately means that the Internet is uniform throughout the world,and accessible too.

Thus, information technology helps in globalization in the following ways

Unlike conventional information sharing, now information is not limited to one place in a physical copy. Everyone has access to Wikipedia. And in today's world, knowledge is the biggest asset. And IT thus provides a level playing field for all.Communication between countries, groups, communities, etc make them intertwined and interdependent.It created a big single uniform market throughout the globe. Since it's a virtual market and everyone can access it. Hence exports and imports are hugely influenced since it makes demand and supply meet.Employees and employers in this field can be large distance apart, and resulting international services helps in bringing parity to the wages across nations. The gap fills faster than it would otherwise have. Eg. India, here IT industry exports to developed countries and wages gap has been shrinking.Distance does not matter. Better people to people connectivity and better exposure helps in human capital formation.

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Answered by osoiekoduke
1

Technology are the improvised methodology in areas of application

The use of technology and inventions in the recent past have made the term globolization a reality

Globolization is a economic development in sharing of ideas in terms of business internationally

Technology has aid in this in several ways


Teleconference

Meetings are held online and individuals are relieved of travel expenses

Sharing of information

The social media as a result of technological advanced

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