Examlex

Solved

Discuss How Advances in Technology Have Contributed to Globalization

question 6

Essay

Discuss how advances in technology have contributed to globalization. What are some of the new problems we face because of these advances?


Definitions:

Opportunity Cost

The cost of foregone alternatives, representing the benefits an individual, investor, or business misses out on when choosing one alternative over another.

Interest Rate

is the cost of borrowing money or the return on investment, expressed as a percentage of the principal, over a specified period.

Related Questions