Question

what are the factors is stimulated the globalisation process give any 5 points
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Answer 1

Answer:

The following factors have stimulated the globalisation process.

1) Improvement in transportation: In the last fifty years, there have been a lot of improvements in transportation technology. This has made faster delivery of goods across long distances possible, at lower costs.

2) Development in information and communication technology: Technology in the areas of telecommunication and computers has been advancing rapidly.

3) Telecommunication: Telecommunication facilities like telephone, telegraph, mobiles, fax are used to connect people in the world. This has been made possible due to satellite communication devices.

4) Computers: They have now entered almost in every field of activity. In the amazing world of internet, we can obtain and share information on almost anything.

5) Internet: Internet also allows us to send instant electronic mail (e-mail) and talk (voice mail) across the world at negligible cost. Even the payment of money from one bank to another can be made through e-banking.

Answer 2

1. Transportation:

In past few decades transportation has been increasing rapidly and benefitting in the process of globalization.

2. Information & communication technology:

Due to increase in this technology we can get information from world wide.

3. Telecommunication:

Various devices such as telephones , mobiles, computers etc have made the process of globalization easy

4. Liberalization of trade:

Now govt. has liberalized trade barriers for easy movement of goods and services.

5. Internet:

It .made telecommunication possible.

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