Globalization, Internet?

How has the internet help make globalization move faster?

Answer:
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world.
The Internet has helped globalization moved faster, because through the Internet you can use technology such as streaming live video, webcams, video conferencing, email,
chatrooms, calling people longdistance on the phone via VOIP (Voice Over Internet Protocol) at a rate that is usually much cheaper than traditional longdistance phone access via your traditional telephone service provider, and other communication tools to connect to people around the world in realtime, with the possible exception being email. That's the best answer I can give you right now.
The internet has helped bring people "closer" by making communication easier and in certain cases faster. It has also made the sharing and distribution of information faster and wider. This has in turn increased people's ability to make quick decisions and act much faster then before.

The answers post by the user, for information only, FunQA.com does not guarantee the right.



More Questions and Answers:
  • Car related some problems. Please help me in buying a car. Thanks!?
  • Economics questions?
  • Joan Robinson economic theories?
  • What products does Germany have a comparative advantage in producing?
  • In terms of the Chinese economy, what is "ordinary trade" as opposed to "export-processing"?
  • I need a good site to show GDP growth and explain trends between GDP and diffrent sectors of the economy.?
  • Why chinese influence was more on the economic rather than cultural and social aspects?
  • Random econ questions?
  • Why does marginal product decline before average product and average product decline before total product?
  • Discuss the role of personal development planning in your own personal and career development?