Q. 64.0( 1 Vote )

Highlight the causes of globalization.

Answer :

● Globalization is a multidimensional concept and there is no single factor that has led to it.


● However, a major element of globalization is technology.


● The invention of the telegraph, the telephone and the microchip in recent times has provided better communication between different parts of the world.


● The introduction of printing led to the creation of nationalism.


● Technology has not only affected our personal but our collective lives as well.


● The movement of people and commodities has been made possible by technological advances.


● The pace of this flow may vary.


● The movement of capital and commodities will be quicker and wider than the movement of people across different parts of the world.


● It is also equally important for the people living in different parts of the world to recognize these interconnections with the rest of the world.


● Now the people are aware of the events taking place in another part of the world and how they could affect them.


● For example tsunami and bird flu are not restricted to one particular Nation and it does not have any national boundary.


● Similarly, any major economic event which takes place has an impact outside the immediate local, national or regional environment at a global level.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses