Examine the role of Information Technology in stimulating the process of globalization.

Examine the role of Information Technology in stimulating the process of globalization.

Ans.
(i) Technology has been changing rapidly.
(ii) Telecommunication facilities (telegraph, telephone including mobile
phones, fax) are used to contact and access information
(iii) Helps to communicate from remote areas.
(iv) Development of satellite communication devices.
(v) Computers have now entered almost every field of activity.
(vi) One can obtain and share information through internet.
(vii) Electronic mail (e-mail) and talk (voice-mail) across the world at
negligible costs
(viii) Has played a major role in spreading out production of services across countries
(ix)Any other relevant point
(Any five points)
Unit – Economics, Ch- Globalization,