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प्रश्न
What are the positive aspects of Globalisation?
Answer the following question in 80 to 100 words:
Explain positive aspects of globalization.
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उत्तर
The Positive aspects of globalisation are:
- It creates more employment opportunities.
- It encourages free trade.
- It leads to a better choice of goods and services to the consumer.
- It leads to wider investments in developing countries.
- It enhances the efficiency of the tertiary sector i.e., banking and finance.
- It increases the purchasing power of citizens and enhances their standard of living.
- It increases labour productivity and reduces the capital-output ratio.
- It helps to increase efficiency in the production system.
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संबंधित प्रश्न
Some of the important changes that occurred in the economic sphere in the age of globalisation are:
- Free flow of finance capital
- Creation of GATT
- Rise of Transnational Companies
- Focus on intellectual Property rights
State whether the following statement is true or false with reason.
Globalisation brought in the concept of the market economy.
State whether the following statement is true or false with reason.
Non-state actors have become irrelevant in the age of globalization.
Explain the co-relation between the following.
Globalisation and culture
The word globalisation experiment came up new in ______.
Economics and ______ have brought the (nations) in the world closer.
Express your Opinion:
Consumers are today getting quality goods and services. Discuss.
What are the negative aspects of globalisation?
State whether the following statement is true or false with reason.
The importance of non-state actors has declined in the era of globalisation.
Express your opinion.
Globalisation is a process of integrating national economy with the global economy, Discuss.
