Globalization is now largely
based on a strong technological foundation. ( a short story ) The transfer of information via the
internet has now created an instantaneous and interconnected world of
information resulting in a 24- hour trading network. This technology has
largely changed by banking and financial activities. Worldwide money transfer
and transaction of business have now become a matter of clicking the mouse of a
computer. Five out of every six dollars that move in the world economy today
travel through the electronic medium.( a short story ) Some products like software and TV
programmers are also amenable to digital or electronic transmission. We can now
buy and sell goods through the electronic screen. Computers have thus brought
about a revolutionary change in today’s world. Globalization is now only what
technology makes possible.( a short story )
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