Technolological- of, or relationg to technologyGlobalization-growth to a global or worldwide scale
Therefore, technological globalization is the growth of the world through technology.
Three of the major drivers of globalization include the market driver. Two other main drivers of globalization are the cost driver and the technological driver.
Globalization would be significantly hindered without technological changes, as advancements in communication and transportation are key to connecting economies and cultures. Technologies such as the internet, shipping innovations, and air travel have dramatically reduced barriers to trade and information exchange. Without these developments, the speed and scale of globalization we experience today would be virtually impossible. Thus, technological progress is essential for facilitating and sustaining globalization.
Globalization is a metaphor for making the world smaller. Intellectual and technological bridges span every corner of Earth, with interconnected economies, potential for rapid adaptation, and increased awareness of events occurring in other parts of the world.
Globalization of production and markets would have been possible without these technological changes. However, it would have been such a daunting task as technologies have simplified most things.
The dynamism of culture is influenced by several factors, including globalization, technological advancements, and social interactions. Globalization facilitates the exchange of ideas and practices across cultures, leading to hybridization and cultural shifts. Technological advancements, particularly in communication and transportation, accelerate cultural diffusion and adaptation. Additionally, social interactions and demographic changes, such as migration and urbanization, contribute to evolving cultural norms and values.
interconnected
Three of the major drivers of globalization include the market driver. Two other main drivers of globalization are the cost driver and the technological driver.
Globalization would be significantly hindered without technological changes, as advancements in communication and transportation are key to connecting economies and cultures. Technologies such as the internet, shipping innovations, and air travel have dramatically reduced barriers to trade and information exchange. Without these developments, the speed and scale of globalization we experience today would be virtually impossible. Thus, technological progress is essential for facilitating and sustaining globalization.
Depending on the category of globalization, yes and no. For the economic definition of globalization, yes it is based on trade. However, for the historical context of globalization, it is based on culture.
technological constraints of mechanization
The Contemporary age refers to the period of history starting in the late 20th century up to the present day. It is characterized by rapid technological advancements, globalization, and significant social and political change.
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Being attuned to market trends, the Management, Systems, Strategy Department places the emphasis on understanding the phenomenon of globalization, taking account of technological and organizational changes, the integration of new managerial practices, and application of the new strategic order
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By technological environment , we mean where cluster of IT,software/hardware companies is there,suggesting an environment of technological fervor,showing latest technological upgradation and its applications in practical field.
Globalization has brought both opportunities and challenges to Kenya. On one hand, it has opened up new markets for Kenyan goods and services, leading to increased trade and investment. However, it has also exposed the country to economic fluctuations and competition, impacting local industries and employment. Additionally, globalization has influenced cultural exchange and technological advancements in Kenya.
Globalization is a metaphor for making the world smaller. Intellectual and technological bridges span every corner of Earth, with interconnected economies, potential for rapid adaptation, and increased awareness of events occurring in other parts of the world.