The globalization of markets and of production

Although the lowering of trade barriers made the globalization of markets and production a theoretical possibility, technological change made it a tangible reality. How have changes in technology contributed to the globalization of markets and of production? Would the globalization of production and markets have been possible without these technological changes? How does technology create global opportunity? A democratic political system is an essential condition for sustained economic progress. What are your thoughts? Do you agree? Why or why not?

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