What is the role of technology in globalization?

Globalization Questions



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What is the role of technology in globalization?

The role of technology in globalization is significant as it has greatly facilitated the integration and interconnection of economies, cultures, and societies worldwide. Technology, particularly advancements in communication and transportation, has made it easier for people and businesses to connect, collaborate, and exchange information across borders. It has accelerated the flow of goods, services, and capital, enabling multinational corporations to operate globally. Additionally, technology has also played a crucial role in the spread of information, ideas, and cultural influences, leading to increased interconnectedness and the formation of a global village.