Detailed Solution:
The correct answer is “Transport and Communication Development”.
The development of the concept of 'Global Village' is based on Transport and Communication Development. The term "global village" was coined by Canadian media theorist Marshall McLuhan in the mid-20th century.
He argued that advancements in communication technologies, such as radio, television, and later the internet, have created a sense of interconnectedness and interdependence among people around the world, making the world feel smaller and more like a village.