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How has technology affected globalization in the 20th century?A.New computer technology has made it more expensive to start new businesses.B.New shipping technology has made it cheaper to send goods to other countries.C.New construction technology has allowed cities to grow larger than ever before.D.New farming technology has made people more likely to sell produce in local markets.

Question

How has technology affected globalization in the 20th century?A.New computer technology has made it more expensive to start new businesses.B.New shipping technology has made it cheaper to send goods to other countries.C.New construction technology has allowed cities to grow larger than ever before.D.New farming technology has made people more likely to sell produce in local markets.

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Solution

Technology has significantly impacted globalization in the 20th century in various ways:

A. New computer technology: This has not necessarily made it more expensive to start new businesses. In fact, it has made it easier and cheaper. With the advent of the internet and digital platforms, businesses can now reach a global audience at a fraction of the cost compared to traditional methods. It has also improved efficiency and productivity in business operations.

B. New shipping technology: This has indeed made it cheaper to send goods to other countries. Innovations in logistics and supply chain management, such as containerization, have drastically reduced the cost of international trade. This has made products from around the world more accessible to consumers and businesses alike.

C. New construction technology: This has allowed cities to grow larger than ever before. Advanced construction methods and materials have enabled the building of high-rise buildings and expansive urban infrastructures. This urban growth has facilitated the concentration of economic activities and has been a key driver of globalization.

D. New farming technology: While it has made farming more efficient, it hasn't necessarily made people more likely to sell produce in local markets. On the contrary, advancements in agricultural technology have increased crop yields and made it possible to export surplus produce to international markets. This has further integrated local economies into the global trade system.

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Similar Questions

Since the mid-20th century, globalization has resulted in:A.a decline in trade between countries on different continents.B.significant improvements to the environment in most countries.C.economies around the world becoming more connected.D.rapid inflation that has devastated most world economies.

Which situation best illustrates globalization's effect on an economy?A.A U.S. software company develops a smartphone with an improved camera.B.A construction worker in Germany builds a new skyscraper near his home city.C.An Italian baker sells cakes to local families for many special occasions.D.A factory in Mexico makes toys that are sold mostly in Asia.

One of the major positive effects of globalization is:A.faster spread of technology and ideas around the world.B.decreased environmental damage from burning fossil fuels.C.less economic competition between different countries.D.businesses choosing to hire more workers in their own countries.

One major negative effect of globalization has been:A.more military conflicts between powerful nations.B.environmental damage due to increased production.C.fewer jobs in the shipping and packaging industries.D.less investment in communication technologies.

Which driver of globalization involves advancements in transportation and communication technologies?  A. Technological innovation  B. Economic liberalization  C. Market expansion  D. Cultural exchange

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