Asked by Charity Mills on Apr 29, 2024
Verified
Overall, technological progress is irrelevant to globalization.
Technological Progress
Technological progress is the advancement in technology that leads to improved tools, machines, processes, and systems, which contribute to an increase in productivity, efficiency, and overall societal welfare.
Globalization
The process by which businesses, technologies, and cultures begin to operate on a global scale, leading to increased interconnectedness and interdependency among nations.
- Comprehend the connection between technological advancements, the process of globalization, and the expansion of economic development.
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Learning Objectives
- Comprehend the connection between technological advancements, the process of globalization, and the expansion of economic development.
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