Final answer:
The forces of technology and globalization have made starting a home-based business more affordable and accessible.
Step-by-step explanation:
The subject of this question is Business.
In recent decades, two important shifts affecting how markets are defined have occurred: technology and globalization. The development of the internet and other communication technologies has made it easier for consumers to order products from anywhere in the world, increasing the level of competition faced by local businesses. This has helped to level the playing field for home-based businesses by providing opportunities to export to global markets.
For example, with the availability of broadband Internet connections and other technologies, home-based businesses can easily set up online stores and reach customers worldwide. They can also use online platforms to connect with suppliers and export their products to China and other global markets, expanding their customer base and revenue potential.