Rapid improvement in technology has stimulated the globalization process

Globalization and Indian Economy (10)

"Rapid improvement in technology has stimulated the globalization process." Explain the statement with examples. 

Answer

Information Technology connected with globalization.

  1. In the last few decades there are several improvements in technology.
  2. In recent times technology in the areas of telecommunications, computers, internet has been changing rapidly.
  3. Tele-communication facilities (Telegraph, telephone, including mobile phones, fax) are used to contact one another around the world.
  4. This has been facilitated by satellite communication devices.
  5. This has been facilitated by satellite communication devices.
  6. Internet also allows us to send instant electronic mail (e-mail) and talk (voice-mail) across the world at negligible costs.
Exam Year: 2020 Compartment
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