Examine the role of Information Technology in stimulating the process of globalization.
Information Technology has played a phenomenal role in boosting the process of globalization. Some of the ways it has achieved this are given below:
- Telecommunication facilities (telegraph, telephone including mobile phones, fax) are used to contact one another around the world, to access information instantly , and to communicate from remote areas . This has been facilitated by satellite communication devices.
- The Internet being the most incredible invention in the IT sector, has further reduced the distance between countries and people.
- Information Technology has played a major role in spreading out production of services across countries . A product is designed in one part of the world, assembled in another, sold in yet another country. This coordination and supervision across different geographic locations has been made possible due to the internet.