What are the factors that have enabled globalisation?
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The factors are stated below:
(i) Rapid improvement in transportation has been one major factors that has stimulated the globalisation process. This has made much faster delivery of goods across long distances possible at lower costs
(ii)In recent times communication and information technology got a boost with the invention of computers and internet etc.
(iii) Information Technology (IT) has played a major role in spreading out production of services. For example, a news magazine published for London readers is to be designed and printed in Delhi.
(i) Rapid improvement in transportation has been one major factors that has stimulated the globalisation process. This has made much faster delivery of goods across long distances possible at lower costs
(ii)In recent times communication and information technology got a boost with the invention of computers and internet etc.
(iii) Information Technology (IT) has played a major role in spreading out production of services. For example, a news magazine published for London readers is to be designed and printed in Delhi.
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