Globalization and technology

Globalization and technology

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How globalization changed our lives

Globalization is a term used to describe how trade and technology have made the world into a more connected and interdependent place

Globalization includes growing interdependence of the world’s economies, cultures, and populations, brought about by cross-border trade in goods and services, technology, and flows of investment, people, and information. Countries have built economic partnerships to facilitate these movements over many centuries

Globalization let countries exchange information around the earth

Just sitting at office or at home now one could get ample amount of info which was nearly impossible 100 years ago.

Globalization sometimes reach alarming speed as happened last 50 years.

Internet is perhaps the most visible aspect of globalization and in many ways its driving force. Globalization tends to be most perceptible and observable in almost every facet of life mainly due to the emergence of internet technology. The internet technology is globally integrates the people of the world.

Could you image your life without Internet? 

Probably, now for more than 60% of world population it is quite hard to live without internet.

Our ways of working, studying, entertaining have also changed enormously because of Internet

Globalization has increased the pace of technological diffusion. Cross-border technological transfer has not only contributed to rising domestic productivity levels in advanced and emerging economies, but it has also facilitated a partial reshaping of the innovation landscape

Now technology is ubiquitous

We usually see them all around us, work place, home, streets which are making our lives more convenient and joyful.

Our live, health, leisure activities also altered by technology and they make people more informative and busy

Thanks for attention