Question

``New technology has helped the world to become connected.'' Justify the statement with suitable arguments.

Hint:

For questions on globalisation and technology, remember two key points: communication technology connects people and firms, while transport technology connects markets and trade routes.

Answer 1

Step 1: Understanding the statement:
New technology has reduced the distance between different parts of the world. Modern means of communication and transport have made it possible for people, goods, services, ideas, and information to move quickly across countries. This has helped the world become more interconnected.

Step 2: Improvement in communication technology:
The development of the internet, mobile phones, satellites, e-mail, and video conferencing has made communication faster and easier. People sitting in different countries can exchange information instantly. Businesses can coordinate production, trade, and services across the world through digital communication.

Step 3: Improvement in transport technology:
Modern transport such as aeroplanes, ships, railways, and container services has made the movement of goods and people faster and cheaper. Goods produced in one country can now be supplied to markets in other countries within a short time. This has increased international trade.

Step 4: Expansion of global trade and services:
Due to new technology, companies can set up production units in different countries and manage them from one place. For example, a company may design a product in one country, manufacture it in another country, and sell it across the world. This has connected economies through globalisation.

Step 5: Conclusion:
Thus, new technology has helped the world become connected by improving communication, transport, trade, and business networks. It has made the movement of information, goods, services, and people easier across the globe.