Which factors have stimulated the globalisation process
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Answered by
1
Answer:
Hey guys,
The factors which stimulates the globalisation process are :
- Rapid improvements in technology
- Liberalisation of trade and investment policies
- Pressure from International organisations such as WTO
Hope it helps :)
Answered by
2
Globalization is a process of rapid exchange of goods and services and there are many factors underlying to its stimulation.
Explanation:
- Technological change includes rapid and sustained technologies which over the course has reduced the cost of transmitting information.
- It is the desire of business to benefit has encourage the countries to make changes in their tax systems in order to attract more foreign direct investments.
- Pursuit of income and profit increment has enabled increase global business to flourish thereby brands investing more significantly in expanding internationally.
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