Question1 - Past Year Questions - 5 Marks - Chapter 4 Class 10 Economics - Globalisation and the Indian Economy - Economics

Describe the role of technology in promoting globalisation process.

Answer: 

Points to Remember

Rapid technological advancement crucial factor in accelerating the globalization 

• Several advancements in transportation technology .
• This has enabled faster deliveries of commodities .
• Technology in the field of telecommunications , evolving quickly recently.
• Communication across the globe , quick information access , and communication from remote locations are all made possible by telecommunications facilities 
• This has been facilitated by satellite communication devices.

Answer to be written in exam

Rapid technological advancement has been a crucial factor in accelerating the globalization process. 

• There have been several advancements in transportation technology over the last 50 years.
• This has enabled faster deliveries of commodities at a lower cost.
• Technology in the fields of telecommunications , computers, and the Internet has been evolving quickly recently.
• Communication across the globe , quick information access , and communication from remote locations are all made possible by telecommunications facilities available to people
• This has been facilitated by satellite communication devices.