Technology has not only played a role in ushering in the age of globalization, it has been the main catalyst for its advancement. Major breakthroughs in information technology, communication and transportation have been the driving forces behind the early 21st century global market boom.Continue Reading
Perhaps the most significant advancement in globalization has been the Internet and information systems. Massive amounts of information and data are available via the World Wide Web, and there is rarely a question that cannot be answered with a search engine.
Although the Internet has granted people all over the world the ability to share information with each other, it has been a surge in telecommunications technology that has facilitated the global exchange of data. Before advancements like email, cellular technology, instant text messaging and broadband communication, businesses were limited to telephone calls and postal services for their communication needs. Fax machines were a major advancement years earlier, but they were limited in their usefulness. The first decades of the 21st century opened the doors to instant communication to anywhere in the world. The world's banking systems have also benefited from the ability to instantly transfer funds, simplifying long-distance transactions.
As of 2014, most global businesses use technology that has been available for many years, such as planes and ships. However, innovative navigation advancements, such as global positioning systems, have increased efficiency and made travel safer. Additionally, cargo ships have grown in size and sturdiness over time, and many can now carry huge amounts of cargo overseas.Learn more about Social Sciences
It is not expensive to set up real cams in your home, according to Technology Guide. Setting up a lower end cam system requires the use of inexpensive system devices such as a webcam, smart devices and Foscam F18910W.Full Answer >
Technology known as augmented reality (AR) is designed to add information (augmentation) to a view of a real-world environment. It is this real-world environment that sets augmented reality apart from similar technology such as virtual reality. Rather than creating a new world, AR operates within the existing world.Full Answer >
Technology has helped streamline doctor-doctor and doctor-patient communication; maintain medical health records for efficient health care provision; and help patients to keep healthy through apps and equipment such as menu trackers, food monitors and calorie counters, according to Ellen Lee for Forbes. Technology has also facilitated medical research, resulting in medical breakthroughs in health care.Full Answer >
Technology has regularly changed transportation by making it quicker and more efficient. The first wheels on carts were created in roughly 3500 B.C., along with river boats driven by oars. Until roughly the 1600s, there were few major changes in transportation technology, such as domestication of horses and carriages.Full Answer >