Task 1 (7.5 Marks)

From 1990 onwards globalization became a buzzword in the global economy with the role of information technology from the year 2000 onwards. Each decade made a different impact on the economy and growth.

Refer Annexure 1

(to understand and get an idea of how things have been progressed.)

Economic globalization; -

Social globalization;

Political globalization, and

Technological globalization.