Which of the following statements is correct?
Statement A- The movement of capital and commodities is most likely quicker and wider than the movement of people across different parts of the world.
Statement B- The only reason for the emergence of Globalisation is improved communications.
Answer & explanation
Correct answer: option 1
The correct answer is Option 1 - Only statement A is correct.
Given statements:
Statement A- The movement of capital and commodities is most likely quicker and wider than the movement of people across different parts of the world. (Correct)
Statement B- The only reason for the emergence of Globalisation is improved communications. (Incorrect)
The ability of ideas, capital, commodities, and people to move more easily from one part of the world to another has been made possible largely by technological advances. The pace of these flows may vary. For instance, the movement of capital and commodities will most likely be quicker and wider than the movement of people across different parts of the world. Globalisation, however, does not emerge merely because of the availability of improved communications what is important is for people in different parts of the world to recognize these interconnections with the rest of the world.