The technology globalizationAdvances in technology are one of the main reasons that globalisation has escalated in the past decade. In information and communication technology, innovations have become smaller in size, more efficient and often more affordable. In transport technology, vehicles have tended to become larger and faster, as well as becoming more environmentally friendly and cheaper to run. Whether for personal use or for business, technology has made the world seem a smaller place and assisted in the rise of globalisation. Globalization is a term that is used to describe the increasing trend towards internationally integrated markets and global interconnectedness.Globalization is the process by which states become interdependent on each other on allspheres of life. It is a process where countries go global by adapting universal characteristics involving human race. It is therefore the process of uniting people of the world into one unit with universal characteristics. This characteristics include; systems of education, politics, democracy,economy among many others. In this benefit of globalization, its now be experienced for new free market policies and a free exchange of goods/products and capital wherein lot of producers or different companies encouraged to import and export their products to the entire world at lower prices for easy consumption and circulation which improves thebusinessorenterprise/entrepreneurshipwhichbenefitedmoretheconsumersatthe same time it improves income and it creates new jobs so it equalizes income distributions. Through globalization economies, civilizations and societiesbecome integrated into a globalized arrangement of political ideas. In a global world there is free flow or movement of improved technology. Technologie scan be new discoveries, inventions and innovations. Technology built or discovered in one continent is shared for use or exploitation in other countries. Therefore with the advancement oftechnology developing countries have developed technological know-how and this has lead toimprovements in the industries. With the aid of internet connection we now easily get information needed to thedifferent disciplines or subjects we have. With the different sophisticated gadgets thatwe have now like the computers, iphone, iPod, tablets, smartphones or any gadgetsthat would access the internet is of great help for free, easy and fastest way ofexchange ideas and information.

Another benefit of globalization is improved standard of living, wherein medicalproducts,apparatus,gadgetsandservicesarebeingdevelopedandimproved.Asitmanifested that having of this kind of apparatuses and gadgets will promote for theconservation and preservation of life. It helps for health care and longevity so ther ewill be advancement which providesfor the opportunities to improve life.

Most industries in the developing countries are now able to workeffectively, improving efficacy and makes works easier. This saves a lot of time wasted by ineffective machines leading to increased profits and earnings.This multinationals also are responsible for employing a large number of individualsfrom the investor states therefore reducing high levels of unemployment in this developingcountries.Globalization leads to high investment levels and therefore increased wealth. Wealth is generated through economic gains of globalization.