GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Production of services across countries has been facilitated by
A
Money
B
Machine
C
Labour
D
Information and communication technology
Explanation: 

Detailed explanation-1: -Information and communication technology has helped in expanding the production of services across multiple countries.

Detailed explanation-2: -Answer: Technology stimulated the globalization process: Improved transportation technology has made much faster delivery of goods across long distance at lower cost. Goods are placed in the containers that can be loaded intact onto ships, railways, planes and trucks.

Detailed explanation-3: -ICT has played a major role in spreading out production of services across countries. Justify. Globalisation is the interconnection between counties through the expansion of foreign trade and foreign investment.

There is 1 question to complete.