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प्रश्न
Answer in brief.
State any four features of globalization.
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उत्तर
Features of globalization are as follows:
- Purchase and sale of goods and services from one country to another.
- Opportunity to start and do business in any part of the world.
- Reduction in the gap between the domestic and international markets.
- Possibility of quick and rapid economic development. Enhances the opportunity to exchange new ideas and technology across the nations.
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संबंधित प्रश्न
State whether the following statement is True or False.
New economic policy promoted the liberal economic policy.
Select the correct Option
Who frames the economic policy of the business?
Answer in one sentence:
Which factor influence the economic condition of the Nation?
Answer in one sentence:
When did Indian government launch New Economic Policy?
Answer in one sentence:
How is the boundary less world possible?
Explain the following term/concept.
Liberalization.
Explain the following term/concept.
Privatization.
Distinguish between the following.
Globalization and Liberalization.
Distinguish between the following.
Privatization and Globalization.
State any four features of the Social environment.
Answer in brief.
State any four reasons of the need for privatisation.
Justify the following statement:
The economic environment has a direct influence on business.
Answer the following.
Explain the new economic policy in details.
What problem did businessmen in Pune face before NEP 1991 when starting a factory?
What effect did high inflation have on the Indian economy before NEP 1991?
What change simplified market entry for new companies after the NEP 1991?
