1.What does the term Globalisation mean?
Ans. It is integration of economy of a country with the econoies of other countries of the world. Globalisation as a concept fundamentally deals with flows.These are flow of ideas,capital, commodity and people.
2. What is the crucial element in Globalisation?
Ans. The crucial element is ' worldwide interconnectedness '.
3. Is Globalisation purely an economic concept?
Ans. It is not an economic concept. It is a multi -dimensional concept. It has political, cultural and economic manifestations.
4. Does Globalisation impact the whole world in a same manner?
Ans. No.The impact of Globalisation is vastly uneven. It affects some societies more than others and some parts of some societies more than others.
5. What are the factors contributed to Globalisation?
Ans. Globalisation is not caused by any single factor. But technology remains a critical factor. But other factors are historical factors, role of international organizations like IMF and WTO.
6.What is the major advantage of Globalisation?
Ans. It generates greater economic growth, greater trade among countries and increased independence and integration between people around the world.
7.What are different manifestations of Globalisation?
Ans.Political, economic and Cultural manifestations.
Ans. It is integration of economy of a country with the econoies of other countries of the world. Globalisation as a concept fundamentally deals with flows.These are flow of ideas,capital, commodity and people.
2. What is the crucial element in Globalisation?
Ans. The crucial element is ' worldwide interconnectedness '.
3. Is Globalisation purely an economic concept?
Ans. It is not an economic concept. It is a multi -dimensional concept. It has political, cultural and economic manifestations.
4. Does Globalisation impact the whole world in a same manner?
Ans. No.The impact of Globalisation is vastly uneven. It affects some societies more than others and some parts of some societies more than others.
5. What are the factors contributed to Globalisation?
Ans. Globalisation is not caused by any single factor. But technology remains a critical factor. But other factors are historical factors, role of international organizations like IMF and WTO.
6.What is the major advantage of Globalisation?
Ans. It generates greater economic growth, greater trade among countries and increased independence and integration between people around the world.
7.What are different manifestations of Globalisation?
Ans.Political, economic and Cultural manifestations.
No comments:
Post a Comment