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Globalization as a process of increasing interconnectedness has changed the map of the entire world with the most efficient services that have come up in recent times. Right from the growth of communication and rapid technological developments in every field, they have altogether contributed to the growth of globalization in every sphere of our lives.
1. Improvement in technology has greatly contributed in stimulating the process of globalization. The increased amount of efficiency in transportation technology in the past 5 decades has made the delivery of goods across long distances possible at very low rates.
2. The growth of technology in areas of telecommunications, computers and the internet has also crucially contributed to globalization. Telecommunication facilities such as telegraph, mobile phones, and their facilities are used to contact anyone around the globe, to access information instantly and communicate in remote areas as well with the help of satellite communication.
3. The world of internet has also provided a wide variety of facilities such as online selling and shopping through various eportals offering such facilities. The facility of sharing information has also eased out wherein internet allows us to send instant electronic mails (email) and talk (voice mail) across the globe at considerably low costs.
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All informations are shared from one country to another
It helps in improving trade relationships
In least time huge information is shared
Communication and technology also help in creating jobs