Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Write a reaction to the following statement: Knowledge is the technology which has increased globalization. Thus, globalization then leads to the need for increased education

Write a reaction to the following statement: “Knowledge is the technology which has increased globalization. Thus, globalization then leads to the need for increased education”


According to some sociologist, growth of knowledge is the single most important factor contributing to economic growth. It can be linked to the movement toward globalization. Globalization and economics are intrinsically linked. Thus knowledge and globalization must be linked. Friedman argued that “globalization has its own defining technologies: computerization, miniaturization, digitization, satellite communications, fiber optics, and the Internet, which reinforce its defining perspective of integration”. According to him, “these technologies have changed the rules of the game for multinational corporations by making innovation and the ability to adapt to rapid change the keys to success in the global marketplace”.


Step by Step Solution

3.52 Rating (149 Votes )

There are 3 Steps involved in it

Step: 1

According to Siemens learning and knowledge emphasize on the increased interests in personalized dig... blur-text-image
Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials of Management

Authors: Andrew J. DuBrin

9th Edition

538478233, 2900538478235, 978-0538478236

More Books

Students explore these related Economics questions