Globalization and Technological Advancements Questions and Answers

Start Your Free Trial

What are the drivers of globalization?

The drivers of globalization are the reduction of barriers to international trade, increased consumer demand, lowered costs of shipping and production, and technological advancements in communication and transportation.

Expert Answers info

Philip Arrington eNotes educator | Certified Educator

calendarEducator since 2018

write1,351 answers

starTop subjects are Literature, History, and Business

Globalization can be defined as the free movement of goods, people, information, and technologies across national borders in an unimpeded manner. The phenomenon not only has economic consequences, but it also has social, cultural, political, and legal ramifications.

It would be a mistake to think that globalization is purely a modern phenomenon. In fact, historical precedent is one of the drivers of globalization. For millennia humankind has attempted to integrate commercially, socially, and culturally to mutual advantage. For instance, as far back as the 1st century, China exchanged luxury goods such as silk and spices with Europe via the Silk Road. Although the Silk Road, after centuries of commercial and informational exchange, eventually closed, during the spread of Islam between the 7th and 15th centuries new international trade routes opened up. Europeans circumnavigating the globe between the 15th and 18th centuries radically furthered international links through trade and...

(The entire section contains 4 answers and 991 words.)

Unlock This Answer Now


Christine Jarus eNotes educator | Certified Educator

calendarEducator since 2013

write111 answers

starTop subjects are Literature, History, and Business

check Approved by eNotes Editorial

kschweit eNotes educator | Certified Educator

calendarEducator since 2018

write23 answers

starTop subjects are Literature, History, and Social Sciences

check Approved by eNotes Editorial

pohnpei397 eNotes educator | Certified Educator

calendarEducator since 2009

write35,413 answers

starTop subjects are History, Literature, and Social Sciences

check Approved by eNotes Editorial