Question

Write any two reasons for 'Globalization'.

Hint:

The two main drivers of globalization are technological progress and policy changes that encourage international trade and investment.

Answer 1

Globalization is driven by several factors, including: 

1. Technological Advancements: Innovations in communication (e.g., the internet) and transportation (e.g., air travel) have made it easier to connect and trade internationally. 

2. Liberalization of Trade Policies: Economic reforms, such as reducing tariffs and trade barriers, have facilitated global trade and investment.