today's world is shrinking due to the following reasons:
1.airways have become populer, more and more people use aeroplanes to travel far off places. airways have reduced time taken by journeys.
2.means of communication have reduced both distance and time. we can talk, see and intract with people sitting thousands of kilometres away within no time
3. we can strike business deals in seconds through superfast means of communication, like internet, satellite phones etc.