Discuss the historic role of technological change

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Reference no: EM131149966

Please 350 words with references.

1. Consider Apple, Inc. This global U.S. corporation operates retail stores in 16 different countries.

2. Discuss the historic role of technological change over the past 30 years and how this change has contributed to the growth of Apple and other businesses like it. Base your response on what you have read in your text and from your learning activities.

Two macro factors underlie the trend toward greater globalization.14 The first is the decline in barriers to the free flow of goods, services, and capital that has occurred since the end of World War II. The second factor is technological change, particularly the dramatic developments in recent decades in communication, information processing, and transportation technologies.

Reference no: EM131149966

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