29738
AssignmentLong Text

Globalization

Question 29738 • GA-GSE Personal Finance and Economics

Using what you have learned, describe the effect of communications technology on globalization.Be sure to mention how communications technology affects trade.

Answer

Answer:

Communications technology has accelerated globalization by making it faster and easier for people and businesses in different countries to communicate and share information. It increases trade by allowing businesses to sell goods and services internationally and consumers to buy products from other countries through e-commerce.