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Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.

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Question

Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.

Give Reasons
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Solution

If globalisation continues in the future at the same rate, the world may be changed as follows:

  1. Rapid advancements in technology, particularly in artificial intelligence, robotics, biotechnology, and renewable energy, are likely to reshape industries and economies around the world.
  2. Globalisation will likely deepen interconnectedness among countries through trade, investment, and information flows.
  3. Addressing climate change and environmental sustainability is critical. Efforts to adopt renewable energy, sustainable industrial practices, and global environmental policy cooperation may gain traction.
  4. Emerging economies, notably in Asia and Africa, may continue to grow, affecting global trade patterns and geopolitical ties.
  5. Advances in healthcare, genetics, and biotechnology have the potential to revolutionise disease treatment and human capacities.
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Chapter 4: Globalisation and the Indian Economy - Exercises [Page 72]

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NCERT Social Science Understanding Economic Development [English] Class 10
Chapter 4 Globalisation and the Indian Economy
Exercises | Q 9. | Page 72
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