Technology as a factor has contributed to the flattening of the world economy.

Question

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Technology has enabled communication, collaboration, and trade to happen on a global scale and has brought down barriers to entry, making it easier for businesses of all sizes to participate in the global market. This has led to increased competition and a leveling of the playing field for businesses across the world, contributing to the flattening of the world economy.

Technology as a Factor Has Contributed to the Flattening of the World