Factors that have enabled globalisation • Rapid improvement in technology has been one major factor that has stimulated the globalisation process: MNCs are spreading their production across countries in order to reduce cost and earn higher profits. Globalization has accelerated since the 18th century due to advances in transportation and communication technology. D. Privatisation. Due to which reason the latest models of different items are available within our reach? ... integration or interconnection between countries is known … Rapid improvement in technology has stimulated the globalization process. Answer. Globalization is the process of rapid integration or interconnection between countries. Globalization, or globalisation (Commonwealth English; see spelling differences), is the process of interaction and integration among people, companies, and governments worldwide. ... Globalisation is the process of rapid integration or inter connecting between countries. Rapid integration or interconnection between countries is known as: (a) Privatisation (b) Globalisation (c) Liberalisation (d) Socialisation. Ques 2 The past two decades of globalisation has seen rapid ... investments and people between countries. Answer: True. It is known as liberalisation. Globalisation is the process of rapid integration or interconnection between countries. Globalisation has led to improvement in living conditions: (a) of all the people (b) of people in the developed countries (c) of workers in the developing countries (d) none of the above. 3. C. Liberalisation. (1) Globalisation is the process of rapid integration or interconnection between countries. Question 5. Globalisation is this process of rapid integration of interconnection between countries. Most regions of the world are in closer contact with each other than a few centuries back. Globalization and interdependence between countries Globalization is a process of international integration, and its development is due to increased exchange of products, services, etc. 2. MNCs play an important role in the globalisation process. More and more goods and services, investments and technology are moving between countries. B. Globalisation. 2. 4. Most regions of the world are now in close contact with each other. shahbazalam987p65ymd shahbazalam987p65ymd 19.01.2019 Answers: Globalisation is the process of rapid integration or interconnection between countries. Ans. Ans. ... Ans. Answer Globalisation is the process of rapid integration or interconnection between countries. MEDIUM. More and more goods and services, investments and technology are moving between countries. A. MNCs are playing a major role in the globalisation process. Multinational corporations (MNCs) are playing a major role in the globalization process. International trade. • It is the process of rapid integration or interconnection between countries. Question 12. Rapid integration between countries is known as _____ . ... rapid interconnection between countries: 4. As a result of greater foreign investment and greater foreign trade, there is greater integration of production and markets across countries. Globalisation is the process of rapid integration or interconnection between countries through foreign trade and foreign investments. 3. • More and more goods and services, investments and technology are moving between countries. Thus liberalisation has enabled MNCs to increase their investments in other countries as India. at global level, also with the influences of other aspects related to cultural and social environment. MNCs are playing a major role in the process of globalisation. i) l They compete with the local producers directly even after being miles apart, thus integrating the markets. 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