Question

How has improvement in technology stimulated the globalisation process? Explain.

Answer 1

 The improvement in technology has stimulated the globalisation process as: 

• There has been many improvements in transport technology in the recent years that have enabled faster delivery of goods across the world. 
• Development of information technology in the areas of telecommunication like internet has revolutionised the world. 
• Use of telegraph, mobiles, fax have enabled faster and easier access to information anywhere at any point of time. 
• All these developments have further decreased the cost of their operations favouring the consumers around the world. 
• It has opened up horizons for further advancement, research and development of existing means.