Question

Rapid improvement in technology has been important factor in stimulating process of globalisation justify with examples

Answer 1

Rapid improvement in technology has been one major factor that has stimulated the globalisation process. (i) Technology has made much faster delivery of goods across long distances possible at lower costs. ... Globalisation is the process of rapid integration or interconnection between countries.

Answer 2

The process of rapid interconnection and Interegation of the countries by foreign investment and foreign trade is known as globalisation.


Yes the rapid improvement in technology lead to stimulation of the process of globalisation-

1) Now, it is more easier to import and export goods due to the improvement in transportation facilities especially in containers for heavy and bulky goods.


2) Information and communication technology has also lead to healthy growth of globalisation . It is now easier to seek information regarding the management from any corner of the world .

3) Liberalisation and removal of trade barrier has also helped.