WebThe factors which have enabled globalisation in India are:- 1. During the past, 50 years, several improvements in technology have taken place. For example, in transportation technology, containers are now used for the transportation of goods. This has led to a huge reduction in cost and an increase in speed in reaching the global markets. 2. WebFactors which have helped in globalization - Globalisation and the Indian Economy Class 10 Notes Technology has greatly contributed towards globalization through its rapid improvement. The development of information and communication technology has played a …
NCERT Economics Class 10: Notes & Important Questions
WebFactors enabling globalisation. (i) Technology: Rapid improvement in technology has been one major factor that has stimulated the globalisation process. (ii) Trade barrier: Tax on … WebSep 12, 2024 · Meaning in Economics is explained here. The integration of a country’s economy with the global economy is referred to as globalisation. It has a variety of … past charm antiques
What are the factors that enabled globalisation ? - Brainly.in
Technology Rapid improvement in technology has been one major factor that has stimulated the globalisation process. This has made possible much faster delivery of goods across long distances at lower costs. The developments in information and communication technology have made information instantly … See more Trade was the main channel connecting distant countries. Large companies, which are now called Multinational Corporations (MNCs) play a major role in trade. An MNCis a company that owns or controls production in more … See more Globalisation is the process of rapid integration or interconnection of countries. MNCs are playing a major role in the globalisation process. 1. More and more goods and services, investments and technology are … See more The money that is spent to buy assets such as land, building, machines and other equipment is called investment. An investment made by MNCs is called foreign investment. … See more Foreign trade creates an opportunity for the producers to reach beyond the domestic markets. Producers can sell their products not only in … See more WebOct 24, 2024 · What are the factors that have enabled globalisation ? Solution: Rapid improvement in transportation and communication technology and the … WebOct 2, 2024 · 1) Rapid improvement in technology has been major factor that has stimulated globalization process. 2) liberalization of foreign trade foreign investment policies. 3) … silvera bastille boutique