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Question
How did information and communication technology promote the process of globalization? Explain.
Explain
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Solution
Information and communication technology (ICT) has played a crucial role in promoting globalization because:
- Recently, the development of the internet, mobile networks, and satellites has enabled faster communication and exchange of information across the world.
- Companies can now coordinate production, outsourcing, and marketing globally, leading to increased international trade and integration of economies.
Therefore, ICT has made the world more interconnected and interdependent, which has accelerated the process of globalization.
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