FACTORS IN INCREASED GLOBALIZATION
What factors have contributed to the growth of globalization in recent decades? Most analysts cite the following seven factors:
1. Increase in and application of technology
2. Liberalization of cross-border trade and resource movements
3. Development of services that support international business
4. Growth of consumer pressures
5. Increase in global competition
6. Changes in political situations and government policies
7. Expansion of cross-national cooperation ms ner Of course, these factors are interrelated and each deserves a closer look. Increase in and Application of Many of the marvels and efficient means of production have come about from fairly recent technical advances. These include new products, such as hand mobile technology devices, as well as new