Economy, asked by panirchilli11, 9 months ago

How has transportation technology stimulated the globalization process? Explain with suitable examples

Answers

Answered by seemakumarib65
1

Answer:

(i)Improvements in transportation technology, e.g. container manufacturing has made faster delivery of goods across long distances at lower costs. ... Thus, it can be said that technology has stimulated the globalisation process.

Answered by devanshgupta20oct
0

Answer:

Explanation: Faster trains connecting every nook and corner of a country and faster planes that cover the distance within a few hours have enabled the faster delivery of goods.

Improvements done in transportation technology in the past fifty years have also helped in the quick movement of goods. For example, containers carrying goods have led to a huge reduction in port handling costs and an increased speed, with which exports can reach markets.

Reduced cost of air transport has enabled much greater volumes of goods to be transported by airlines.

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