Question

Statement I: Rapid improvement in technology has been one major factor to stimulate the globalisation process.

Statement II: This has made much faster delivery of goods across long distances possible at lower costs.

Options

• Both statements I and II are correct, and statement II is the correct explanation of statement I.

• Both statements I and II are correct, but statement II is not the correct explanation of statement I.

• Statement I is correct, but statement II is incorrect.

• Statement I is incorrect, but statement II is correct.

Answer 1

Both statements I and II are correct, and statement II is the correct explanation of statement I.

Explanation:

• Statement I is correct because rapid technological advancements have significantly contributed to globalization by improving communication, transportation, and trade.
• Statement II is also correct because better technology has led to faster and cheaper delivery of goods.
• Moreover, Statement II directly explains how technology has facilitated globalization by improving logistics and reducing costs, making it the correct explanation for Statement I.