information and communication technology has increased the pace of globilislzation ,justify the statement
Answers
Explanation:
Improvement of technology has stimulated globalization:
1. There have been many improvements in transport section which helps in export and import of goods. This increases trade relations between countries.
2. Since technology improves efficiency, the process of exchange has become faster and cheaper.
3. Development in information and communications technology has been the most beneficial since information can be now sent in seconds across the world.
4. Development in IT also has led to the production of services through outsourcing like call centers, online teaching etc.
5. Telecommunications have improved contact between people. People living in two different countries can easily be in touch with minimal prices.
Technology today is an integral part of everyday life. Rapid advancements in the field has increased the pace of life,effectively coordinating reality with imagination. In other words we virtually move with our thoughts and as we look ahead, today's technology becomes out dated tomorrow.