How has transportation technology stimulated the globalisation process?

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Faster delivery of goods

Reduced cost

Both 1 and 2

All of the above

answer is C.

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Detailed Solution

Faster delivery of goods and reduced costs have stimulated the globalisation process.
Faster trains have made the movement of goods and services much easier and more feasible for everyone. These trains are also available in every nook and corner of the country, which makes transportation accessible. Improvements in transportation technology in the last fifty years have also helped in the quick movement of goods. For instance, containers carrying goods have led to a reduction in costs to a greater extent. The reduced cost of air transport has enabled much greater volumes of goods to be transported by the airlines. Thus, transportation technology stimulated the globalisation process.

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