Discuss the role of technology, trade and finance capital in the process of economic globalisation. Explain briefly how economic globalisation has been responsible for global climatic change.

Economic globalization is the process through which markets, industries, and economies across the world become more interconnected and interdependent. The forces driving this transformation include technological advancements, the expansion of trade, and the movement of finance capital. These elements have collectively reshaped the global economy, leading to an increased flow of goods, services, information, and capital. However, while globalization has brought about significant economic growth and development, it has also contributed to global climate change.

Role of Technology in Economic Globalization:

Technology has played a central role in facilitating economic globalization. Innovations in communication, transportation, and information technology have made it easier for companies and individuals to connect across vast distances. The rise of the internet, digital platforms, and advanced telecommunications has allowed businesses to operate in multiple countries simultaneously. This has led to the expansion of global supply chains, where goods and services are _____ ________ ________ _________ ________.
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