Question

What is the contribution of fast transportation to globalization?

Answer 1

Hint:
It has helped in an increase in the demand as the good could go from one place to others very easily.

Complete answer:
Technological advancement has helped in many ways in globalization as it played a huge role in the process of trading as with faster transportation one could get the goods easily and before time which would earlier take several days to be delivered and it also leads to the trades in different stated a helped in increasing demand and encouraged people to earn more and have a healthy life. It also helps one in the growth of railways, ships, airways as new stations, ports and airports were built to increase the reachability to the people and it was very easy to mobile goods and people. As the changes in technology have also helped people to increase the awareness among themselves as growth in electronic media and telecommunication has helped people to come together and talk easily and the internet has helped people to exchange their ideas with others, increase their reachability and ideas and beliefs among the other people. The free movements of goods, services, and people across the world had helped globalization in easy flow as the reduction in the cost led to increased profit and faster transportation.

Note:
Faster transportation has played a very important role in the part of globalization as it has helped people to go from one place to another in less time and helped their business to grow in many ways.