Final answer:
Globalization has been propelled by the interconnectedness brought on by the internet and social media, as well as by advances in transportation and logistics that make it cheaper and faster to move goods internationally. Technological innovations and international trade agreements have further facilitated global exchanges.
Step-by-step explanation:
Globalization has been significantly facilitated by technological advances in various sectors, leading to increased interdependence and connectivity across the globe. Two noteworthy examples are:
- Connectivity through the Internet and social media platforms: The emergence of the internet and subsequent social media platforms have revolutionized the way people communicate across borders. This technological breakthrough has made it possible for information, ideas, and cultural practices to be shared rapidly and widely, contributing to a global exchange that transcends physical barriers.
- Efficient transportation systems and logistics: Technological improvements in transportation, such as container ships and air cargo, have greatly reduced the costs and increased the speed of moving goods worldwide. This has made international trade more feasible and efficient, allowing products and services to reach global markets with unprecedented ease, thus integrating economies at an international level.
Technological advances in computing and telecommunications have also reduced the costs associated with long-distance economic activities involving production and sales. Furthermore, international agreements have played a crucial role in encouraging greater trade by streamlining regulations and fostering cooperation among countries.