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Single Answer MCQ
Q-00015759

What has significantly lowered the cost of transport and sped up the globalisation process?

1

Improvements in communication technology

2

Development of container shipping

3

Increases in workforce availability

4

Government subsidies for exports

Reviewed & Verified by Edzy Expert

Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

B. Development of container shipping

Solution:

Container shipping has reduced port handling costs and increased the efficiency of transporting goods, thus enabling faster global trade.

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