Maharashtra State BoardSSC (English Medium) 9th Standard
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Explain the following concept. Globalisation - History and Political Science

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Definition
Short Note

Explain the following concept.

Globalisation

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Solution

The worldwide circulation of capital, labour, information, technology and ideas is known as Globalisation. The concept came into prominence after the Cold War when different economies of the world got more and more integrated, and the geographical boundaries between the nations did not remain as sacrosanct as before. Trade and economic relations between countries became more open. The give and take of ideas among people all over the world grew. Due to the revolution in information technology, different events and developments began to be known everywhere.

Concept: Post-cold War World
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Balbharati Social Science History and Political Science 9th Standard Maharashtra State Board
Chapter 2.1 Post World War Political Developments
Explain the following concepts | Q 5 | Page 64
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