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  • 24-08-2017
  • Business
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What are the two main forces that underlie the globalization of markets and production?

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Erudite1
Erudite1 Erudite1
  • 31-08-2017
The two forces are:
1. Falling barriers to trade and investments: Many countries of the world now allow their countries to engage in trade with other countries, this has led to increase in globalization of markets and production.
2.Technological innovations: technology has made so many things possible in the business world today.The whole world has been linked up by internet and this makes it easier for a company to market its products to the whole world.
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