Step 1: Frame the claim.
The statement says technology has shrunk distances and tied the world's economies and people closer together, so we need to justify this with concrete examples.
Step 2: Communication has gotten instant.
The internet, mobile phones and video calls let people and businesses in different countries exchange information in real time, which was impossible a few decades ago.
Step 3: Transport has gotten faster and cheaper.
Aeroplanes, container ships and improved rail and road networks move goods and people across borders quickly, which has fuelled international trade.
Step 4: Business itself has gone global.
Companies now design a product in one country, manufacture it in another, and sell it worldwide, coordinating it all through digital communication, which is only possible because of this connectivity.
Hence, new technology has genuinely connected the world by speeding up communication, transport and global business operations.