Role of globalisation in disinvestment answer in 1000 words

Dear Student,

a. The making of modern Global world was characterised by major discoveries and inventions.
b. Railways, steamships, telegraphs transformed the World.
c. Technological  advancements stimulated the process of industrialisation, which expanded production of goods and trade. It also contributed in the growth of railways and further innovations for easy transportation of goods and raw materials.
d. C
olonialism also accelerated the process of technological development through development of faster mode of transportation like railways, ships, lighter  wagons   to easily trade.
e. With increasing population, increased migration mobility on part of the people, further inventions , advancements became inevitable to meet the  growing   needs.
f. We may also give example of refrigerated ships which made transportation of perishable products like meat over long distances easy.


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