What is Globalisation?
Dear members!
I want to know what exactly the scope of globalisation is. While writing an essay on globalisation, do we need to consider trade and investment as the driving force of globalisation or is it the technological advancements that have made globalisation a more discernible phenomenon? In my opinion globalisation is a process initiated by trade and investment and accelerated by information technology. Once the effects of globalisation gets entrenched, it ultimately leads to free trade. Kindly share your views about it and correct me if I am wrong. Thanking everyone in anticipation. |
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Technological innovation in Communication and Transportation resulted in Information relaying across the world(globe) a matter of seconds and travel across the world(globe) a matter of hours. That's the basics.
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