One major factor that has stimulated the globalisation process is

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

Availability of cheap labor

Demand from domestic markets

Rapid improvement in technology

Reduced costs of production

answer is C.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

One major factor that has stimulated the globalisation process is the rapid improvement in technology.
The interlinking of countries is known as globalization, and one of the primary factors that have helped this interlinking to a great extent has been the services of information and communication technology, e.g., telecommunications, computers, the internet, etc.
Globalization facilitates the movement of goods and services, technology and investments, and workforce across the globe. Over the past two decades, investments and technology have been moving across the world for cheaper and better production methodologies, and goods and services move all over the globe in trade.

Watch 3-min video & get full concept clarity