Question

Which development has the most influenced the spread of globalization in the 20th and 21 century

Answer 1

Globalization: The interaction and integration between people, companies, and governments across the world is called as globalization.  

Reason:

Advancements in transportation and communication technology.

Increased global interactions.  

Growth of international trade and culture.

Factors:

The development of IOT.

Lightweight automobile materials.

The discovery of hyperloop.

The introduction of smart phones and social media.

Satellite technology.

The development and enhancement of internet.

Hence, the advancements in transportation and communication technology has most influenced the spread of globalization in the 20th and 21st centuries.

Answer 2

Answer:

Globalization has the most influenced the spread of globalization in the $20th$ and $21$ century.

Explanation:

Factors:

• Containerization is a term used to describe the process of transporting goods in containers.
• Changes in technology.
• Scale economies are a sort of economy in which a huge number of individuals collaborate to achieve a common goal.
• Taxation systems differ.
• There will be less protectionism.
• Transnational and multinational companies' growth strategies.

A single country's economic crisis can quickly spread over the globe.

As a result, advances in transportation and communication technology have had the greatest impact on the expansion of globalization in the $20th$and $21$century.

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