MODERN TECHNOLOGY AND GLOBALISATION

Globalization is now largely based on a strong technological foundation. the electronic transformation of information via internet has now created an instantaneous and interconnected world of information resulting in a 24- hour trading network.
this technology has largely change the banking and financial activities around the world.
worldwide money transfer and transaction of business have now become matter of clicking the mouse of a computer. five out of six dollars that move in the world economy today travel through the electronic medium.now everyday needs are also available in online. some product like software and tv programs are also amenable to digital or electronic transmission.we can now buy and sell goods through the electronic screen. computer have thus brought about a revolutionary change in today;s world .

Globalization is now only what technology makes possible.