Question

Explain the role of the computer revolution in a global world. Next define globalization and then explain the concept of globalization in terms of economic and political trends. Be sure to support your answers with specific examples.

Answer 1

1. All the fields in the world use computers and we cannot think about a world with no computers. Because it is accurate, fast and also it can do many tasks at the same time. Moreover, it can store huge amounts of data. Above everything, the usage of the Internet took everything into the next level. It tens us to Communicate faster and provides banking, business, entertainment, education, ticketing, weather prediction, sports, and other daily life services.
2. Globalization is an integration process by any business organization to start its operation at the international level. Globalization results in improving the economic, political and social interaction by removing the distance between them. In regards to the economy, it includes the cost of transactions, cultural exchange, and market forces. The political influences are linked with the Markets and the fluctuations in the trading and market rates were the decision made by politics.