Sunday, 28 July 2019

THE ROLE OF TECHNOLOGY IN GLOBALIZATION.


THE ROLE OF TECHNOLOGY IN GLOBALIZATION.



Globalization is the connection of different parts of the worlds resulting in spreading of ideas, economy, business, and political activities.
Technology is defined as the scientific knowledge or equipment that is needed for a particular industry.
Earlier sharing of knowledge, ideas and business were bounded by cross borders, but today because of the emergence of the internet, countries are interdepending on each other and this has played a key role in globalization. Today we can get gadgets from every part of the world and equipment to make them from any part of the world.
Today because of technology nothing is far from us. We can get information about anyone to anything by just a single click. Technology helps the business to grow as they can promote it in every part of the world, companies can sell their clothes, accessories, technological appliances.
Today without going anywhere, we can get information about their public, traditions, customs, atmosphere which helps in the spreading of knowledge which automatically globalizes the country.
Earlier when people go to any new place they don’t know about that place much, which hinders them to adjust in that atmosphere, but today because of technology we can get complete information about that place. We can learn their language, traditions which help in globalizing different countries into one world.
With the spread of technology, we can influence others also by our customs, tradition and can connect with people like us around the world.
Today we are not far from any change happening in the world, be it technological, social, political this helps poor as well as rich countries to grow at a faster rate which helps in globalization.
Today a person living in his home can work for any company from anywhere and earn money which helps companies to hire workers and globalize their work. Technology also helps people to migrate to different countries easily. The trading system through online payments, e-wallets have accelerated the global trade to the next level. Globalization also provides peoples with new opportunities and technology has made this process easy for the common public.
Today internet and social media have provided people the platforms to show their talents internationally and hence, helping in globalization. It helps the common public to know about latest trends globally. We can make friends and talk through them from any part of the world. This helps countries to form friendly relations with each other.
Moreover, technology has played a vital role in globalization and will accelerate it more in the years to come.

No comments:

Post a Comment

Importance of Financial Education in India.

                           Importance of Financial Education in India. India has evolved to be a business capital in recent times. The bus...