if you want to remove an article from website contact us from top.

    how has transportation affected globalization? by encouraging the quick sale of goods by improving the distribution of products by changing the way companies create products by encouraging the exchange of goods and services

    James

    Guys, does anyone know the answer?

    get how has transportation affected globalization? by encouraging the quick sale of goods by improving the distribution of products by changing the way companies create products by encouraging the exchange of goods and services from EN Bilgi.

    How has transportation affected globalization? by encouraging the quick sale of goods by improving

    The means of transport impacted globalization by improving the distribution of products.What is globalization?It is a worldwide phenomenon that has strengthened…

    Expert-verified answer

    The means of transport impacted globalization by improving the distribution of products.

    What is globalization?

    It is a worldwide phenomenon that has strengthened economic, social and political relations between countries in the world, which has occurred as a result of developments in technology and transport.

    Therefore, the development of means of transport was a factor that made globalization possible, increasing the availability of products and the profitability of organizations.

    Find out more about globalization here:

    brainly.com/question/25499191

    #SPJ2 0.0 (0 votes)

    Log in to add comment

    Advertisement

    Answer

    Answer:by improving the distribution of productsExplanation:

    webew7 and 93 more users found this answer helpful

    5.0 (31 votes)

    Log in to add comment

    Advertisement

    Source : brainly.com

    What Is Globalization? Globalization Explained

    Learn about globalization, how it works, recent technological drivers, its benefits and drawbacks, and what the future holds for it.

    DEFINITION

    globalization

    Ben Lutkevich, Technical Writer

    What is globalization?

    Globalization is the process by which ideas, knowledge, information,  goods and services spread around the world. In business, the term is used in an economic context to describe integrated economies marked by free trade, the free flow of capital among countries and easy access to foreign resources, including labor markets, to maximize returns and benefit for the common good.

    Globalization, or globalisation as it is known in some parts of the world, is driven by the convergence of cultural and economic systems. This convergence promotes -- and in some cases necessitates -- increased interaction, integration and interdependence among nations. The more countries and regions of the world become intertwined politically, culturally and economically, the more globalized the world becomes.

    How globalization works

    In a globalized economy, countries specialize in the products and services they have a competitive advantage in. This generally means what they can produce and provide most efficiently, with the least amount of resources, at a lower cost than competing nations. If all countries are specializing in what they do best, production should be more efficient worldwide, prices should be lower, economic growth widespread and all countries should benefit -- in theory.

    Policies that promote free trade, open borders and international cooperation all drive economic globalization. They enable businesses to access lower priced raw materials and parts, take advantage of lower cost labor markets and access larger and growing markets around the world in which to sell their goods and services.

    Money, products, materials, information and people flow more swiftly across national boundaries today than ever. Advances in technology have enabled and accelerated this flow and the resulting international interactions and dependencies. These technological advances have been especially pronounced in transportation and telecommunications.

    Among the recent technological changes that have played a role in globalization are the following:

    Internet and internet communication. The internet has increased the sharing and flow of information and knowledge, access to ideas and exchange of culture among people of different countries. It has contributed to closing the digital divide between more and less advanced countries.Communication technology. The introduction of 4G and 5G technologies has dramatically increased the speed and responsiveness of mobile and wireless networks.

    Increased speed and bandwidth are among the benefits of 5G technology.

    IoT and AI. These technologies are enabling the tracking of assets in transit and as they move across borders, making cross-border product management more efficient.Blockchain. This technology is enabling the development of decentralized databases and storage that support the tracking of materials in the supply chain. Blockchain facilitates the secure access to data required in industries such as healthcare and banking. For example, blockchain provides a transparent ledger that centrally records and vets transactions in a way that prevents corruption and breaches.

    10 benefits of blockchain technology

    Transportation. Advances in air and fast rail technology have facilitated the movement of people and products. And changes in shipping logistics technology moves raw materials, parts and finished products around the globe more efficiently.Manufacturing. Advances such as automation and 3D printing have reduced geographic constraints in the manufacturing industry. 3D printing enables digital designs to be sent anywhere and physically printed, making distributed, smaller-scale production near the point of consumption easier. Automation speeds up processes and supply chains, giving workforces more flexibility and improving output.

    Why is globalization important?

    Globalization changes the way nations, businesses and people interact. Specifically, it changes the nature of economic activity among nations, expanding trade, opening global supply chains and providing access to natural resources and labor markets.

    Changing the way trade and financial exchange and interaction occurs among nations also promotes the cultural exchange of ideas. It removes the barriers set by geographic constraints, political boundaries and political economies.

    For example, globalization enables businesses in one nation to access another nation's resources. More open access changes the way products are developed, supply chains are managed and organizations communicate. Businesses find cheaper raw materials and parts, less expensive or more skilled labor and more efficient ways to develop products.

    With fewer restrictions on trade, globalization creates opportunities to expand. Increased trade promotes international competition. This, in turn, spurs innovation and, in some cases, the exchange of ideas and knowhow. In addition, people coming from other nations to do business and work bring with them their own cultures, which influence and mix with other cultures.

    Source : www.techtarget.com

    Modern Issues Unit Test Review Flashcards

    Study with Quizlet and memorize flashcards terms like How has transportation affected globalization? by encouraging the quick sale of goods by improving the distribution of products by changing the way companies create products by encouraging the exchange of goods and services, The map below shows the European Union. Which country has chosen to bypass membership in the European Union? Bulgaria Finland Turkey Cyprus, What is one of the advantages of globalization? greater markets for goods and services better communication among countries improved ability to monitor economic trends expanded capacity for selling and buying and more.

    Modern Issues Unit Test Review

    4.4 9 Reviews

    How has transportation affected globalization?

    by encouraging the quick sale of goods

    by improving the distribution of products

    by changing the way companies create products

    by encouraging the exchange of goods and services

    Click card to see definition 👆

    by improving the distribution of products

    Click again to see term 👆

    The map below shows the European Union.

    Which country has chosen to bypass membership in the European Union?

    Bulgaria Finland Turkey Cyprus

    Click card to see definition 👆

    Turkey

    Click again to see term 👆

    1/15 Created by masterm2019

    Terms in this set (15)

    How has transportation affected globalization?

    by encouraging the quick sale of goods

    by improving the distribution of products

    by changing the way companies create products

    by encouraging the exchange of goods and services

    by improving the distribution of products

    The map below shows the European Union.

    Which country has chosen to bypass membership in the European Union?

    Bulgaria Finland Turkey Cyprus Turkey

    What is one of the advantages of globalization?

    greater markets for goods and services

    better communication among countries

    improved ability to monitor economic trends

    expanded capacity for selling and buying

    greater markets for goods and services

    A first version of an essay is called a(n) _____

    draft

    The essay outline is written

    after writing the final draft to demonstrate the organization of the essay.

    before gathering information as a guideline for what to research.

    before writing the first draft to organize the information.

    after writing the first draft so that the final draft is organized.

    before writing the first draft to organize the information.

    The UN best fulfills one of its purposes, that of ending global poverty, by promoting

    the Millennium Development Goals.

    the functions of the United Nations.

    UNICEF. the WHO.

    the Millennium Development Goals.

    Which of the following might be presented as evidence by someone arguing that the United States won the Space Race?

    landing a man on the moon

    launching the first satellite

    building the International Space Station

    inventing the computer

    landing a man on the moon

    Which is a right in some countries but is not considered a human right according to the Universal Declaration of Human Rights?

    freedom of religion freedom of assembly

    right to free education

    right to cast a ballot

    right to cast a ballot

    What are the contributing factors that increase the likelihood of genocide? Check all that apply.

    a government that is divided philosophically

    economic, political, or social instability

    unequal distributions of power and resources

    leaders who increase tensions between groups

    random acts of violence committed by citizens

    economic, political, or social instability

    unequal distributions of power and resources

    leaders who increase tensions between groups

    The women pictured here are Golda Meir (left) and Indira Gandhi (right).

    What do these two women have in common?

    They both are leaders of global businesses.

    They both are prime ministers of their countries.

    They both are presidents of their countries.

    They both are chancellors of their countries.

    They both are prime ministers of their countries.

    _______ occurs when individuals in a group are selected for destruction only because they belong to that group.

    Genocide

    This shows a headline from the New York Times about genocide.

    What conclusion can be drawn based on the headline?

    The international community was aware of what was going on but was unable to stop it.

    There was disillusionment because this massacre occurred following the Holocaust.

    Armenians were targeted because they were Muslim and the Turks were Christians.

    In this case, the government was not supportive of the actions of the perpetrators.

    The international community was aware of what was going on but was unable to stop it.

    In which of the following ways has the Green Revolution been unfriendly to the environment?

    soil conservation crop rotation use of pesticides

    introduction of new varieties of crops

    use of pesticides

    What part of the UN has the sole function of discussing issues of international concern?

    Security Council General Assembly

    International Court of Justice

    Economic and Social Council

    General Assembly

    To _______ an essay means to improve or change the words.

    revise

    Sets with similar terms

    Modern Issues in a Global Society Unit Test R…

    15 terms cammiclouse

    Modern Issues in a Global Society

    106 terms jotan224

    PLSC Test 3

    94 terms asouvann

    INTR

    71 terms maxie08

    Sets found in the same folder

    Impact of Science and Technology

    17 terms siallen

    Ethnic and Religious Conflict

    10 terms Alex200117

    Unit 9 Test Review

    15 terms velvetyskies

    Challenges in South America Quiz

    Source : quizlet.com

    Do you want to see answer or more ?
    James 13 day ago
    4

    Guys, does anyone know the answer?

    Click For Answer