Key Points
Key Points: Globalisation
- Globalisation means worldwide interconnectedness.
- Services, goods, capital, ideas and people move across borders.
- Globalisation of services without physical contact.
- Globalisation of commodities and markets.
- Globalisation creates new opportunities but also conflicts.
- Globalisation can have negative consequences.
- Globalisation is multidimensional.
Key Points: Causes of Globalisation
- Globalisation is driven by flows.
- Scale and speed make modern globalisation unique.
- Technology is the most important cause.
- Technological advances enable faster movement.
- Global events have worldwide impact.
Key Points: Political Consequences
- Globalisation affects state sovereignty.
- Erosion of state capacity.
- Shift from welfare state to minimalist state.
- State remains politically important.
- Technology can increase state power.
Key Points: Economic Consequences
- Economic globalisation shapes global debates.
- Role of international institutions.
- Increased global economic flows.
- Reduction of trade and investment restrictions.
- Uneven movement of people.
- Unequal distribution of benefits.
- Debate and criticism of globalisation.
- Growing interdependence.
Key Points: Cultural Consequences
- Globalisation affects everyday life and thinking.
- Cultural homogenisation.
- Cultural imperialism / soft power.
- Threat to local cultures.
- Cultural influence is not always negative.
- Cultural heterogenisation.
Key Points: India and Globalisation
- Globalisation in India has historical roots.
- Colonial period shaped India’s economy.
- Post-independence protectionist policies.
- Limits of protectionism.
- Economic reforms of 1991.
Key Points: Resistance to Globalisation
- Globalisation is widely criticised.
- Weakening of the state.
- Political, economic and cultural concerns.
- Opposition to neo-liberal globalisation, not globalisation itself.
- Global resistance movements .
Key Points: India and Resistance to Globalisation
- Resistance in India has multiple forms.
- Role of social movements.
- Left-wing opposition to economic liberalisation.
- Protests against corporate control.
- Right-wing cultural resistance.
Important Questions [8]
- Identify the main reason behind the investments of MNCs in developing countries.
- Evaluate any three effects of globalization on the role of the state in developing countries.
- Describe Any Three Effects of Globalisation on the Culture of a Country.
- Study the given political outline map of north-East India in which six states have been marked as A, B, C, D, E and F. Identify these states with the help of information provided below and write their names along with their respective letters i.e. A, B, C, D, E, and F in your answer book.
- Globalisation does not always reduce state capacity. The primacy of the state continues to be unchallenged basis of political community. The old jealousies and rivalries between countries have not ceased to matter in world politics.
- Examine the Conditions Responsible for the Growth of Naxalite Movement in India. Suggest Ways and Means to Crush It.
- Why is It Said that History of Petroleum is Also the History of War and Struggles?
- In the given outline map of South Asia, five countries have been marked as (A), (B), (C), (D) and (E). Identify them on the basis of the information given below and write their correct names in your answer book with their respective serial number of the information used and the alphabet concerned as per the following format
Concepts [11]
- Political Consequences
- Economic Consequences
- Cultural Consequences
- India and Resistance to Globalisation
- Economic, Cultural and Political Manifestations
- Debates on the Nature of Consequences of Globalisation
- Anti-globalisation Movements
- India as an Arena of Globalization and Struggle Against It
- Name Or Description
- Overview of Globalisation
- Opportunities and Threats of Globalization
