what do you mean by global connectivity,in short
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Global Connectivity
One of the most significant benefits of global connectivity is that it allows supply chains to be maintained worldwide. Markets may be tracked in real-time worldwide, and orders and prices can be adjusted accordingly. Another benefit is that it allows individuals from all over the world to communicate with one another. This facilitates the exchange of ideas as well as cultural values. People can also recognise the humanity in all nations, which should make going to war more difficult because people are more likely to unify around shared cultural values and challenges. It is also feasible to obtain news from other nations as seen through the eyes of the people who live there, thanks to global connectivity. It is critical to get new insights into world events.
There are various drawbacks to global networking. Businesses must now compete for customer dollars with firms from around the world, and many small enterprises cannot compete worldwide. Cyber attacks are becoming more common as the globe becomes more connected, and a spell in one area could have global ramifications. As a result, countries are spending more money on cyber security. Thanks to international connections, stock market panics can also be felt worldwide in a short time. Even if the US has limited economic and geopolitical interests in the small country, a small country defaulting on its obligations can immediately impact US markets.
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