What is Worldwide Interconnectedness? What Are Its Components? - Political Science

Short Note

What is worldwide interconnectedness? What are its components?



The worldwide interconnectedness implies to interlink the world through free flow of goods and services, technology, ideas and people across the globe to extend globalisation.

This contains three components :-

  1. Capital Flow :- It is the flow of resources through loans or business investments among the countries.
  2. Trade Flows of Goods :- It refers to exchange of goods among countries.
  3. Labour Flow :- It refers to ‘Brain drain’ by creating favourable conditions for employment.
Concept: Globalisation
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Chapter 9: Globalisation - Exercises [Page 148]


NCERT Class 12 Political Science - Contemporary World Politics
Chapter 9 Globalisation
Exercises | Q 6 | Page 148


What is globalization? Highlight any three causes of globalization.

Assess any three basis on which globalisation is being resisted in India.

"Globalisation has shifted power from nation-states to global consumers." Justify the statement.

Define globalisation. How is it different from internationalisation?

Which of the statements are TRUE about globalisation?

Which of the statements are ‘True’ about causes of globalisation?

  1. Technology is an important cause of globalisation.
  2. Globalisation is caused by a particular community of people.
  3. Globalisation originated in the US.
  4. Economic interdependence alone causes globalisation.

Which of the statements are TRUE about globalisation?

  1. Globalisation is only about movement of commodities.
  2. Globalisation does not involve a conflict of values.
  3. Services are an insignificant part of globalisation.
  4. Globalisation is about worldwide interconnectedness.

How has globalisation impacted on India and how is India in turn impacting on globalisation?

Why is it necessary to become a member of WTO?

Distinguish between the following

Bilateral and Multi-lateral trade

Distinguish between the following

Tariff and Non-tariff barriers.

Why are tariffs imposed?

Do you think outsourcing is good for India? Why are developed countries opposing it?

India has certain advantages which make it a favourite outsourcing destination. What are these advantages?

How many countries are the members of WTO?

When was WTO established?

Where is the headquarters of WTO located?

Read the following statements carefully and choose the correct alternatives given below:

Statement 1 - India is often called the ‘outsourcing hub’ of the world.

Statement 2 - Availability of skilled manpower is one of the prime factors responsible for the status gained by India at the international platform.

In the 2006-07 Budget, the peak rate of custom duty was brought down to ______.

Exports now fiancé over 80% of imports, as compared to 60% in 1985, this situation is achieved due to ______.

What is the integration between countries through foreign trade and foreign investments by multinational corporations (MNCs)?

With the globalisation of markets, the tastes and preferences of consumers worldwide are ______.

The other name of World Bank is ______.

In 1986-87, the overall fiscal deficit of India touched an all time high of ______.

Give an account of the changing role of state in the light of Globalization.

______ is the free movement of goods, services and people across the world.

Which of the following points indicates that it is necessary to become the become a member of WTO? 

Which of the following points suggest that outsourcing is good for India?

Why developed countries oppose outsourcing?

Which of the following points qualifies India to be the favorite spot for outsourcing by various MNCs.?

The IBRD, known as the World Bank, came into force on ______?

Where is the headquarter of IBRD? 

Global Burdeno (Disease(GBD) is ______

What do we mean when we say "think globally, act locally" in relation to environmental problems?

______ factors are living or once-living organisms in the ecosystem? 

Which of the following point/s indicate the Positive Impacts of globalization?

  1. Increase in the volume of trade in goods and services.
  2. It attracts private foreign capital investment.
  3. It creates new job opportunities.
  4. It does not raise the standard of living.

Globalisation is the flow of ______ across the world.

Choose the correct option that has significantly contributed to the process of Globalisation.

Which of the following are the political manifestations of the globalisation?

Consider the following statement(s) that have contributed to the process of globalisation. Choose the correct statement(s).

______ is all about who gets what, when, where and how.

What is/are component/s of worldwide interconnectedness?

Which statements are 'true' about globalization?

  1. Globalization is only about the movement of commodities.
  2. Globalization does not involve a conflict of values.
  3. Services are an insignificant part of globalization.
  4. Globalization is about worldwide interconnectedness.

Consider the following statement (s) about the negative impact of Globalization.

What is the integration between countries through Foreign trade and Foreign Investments by Multi-national Corporations?

Evaluate any three benefits of globalization.

Analyse that globalisation is about worldwide inter-connectedness.

Which of the following statements is true about globalisation?

Read the passage given below carefully and answer the questions that follow: 

Globalisation as a concept fundamentally deals with flows. These flows could be of various kinds - ideas moving from one part of the world to another, capital shunted between two or more places, commodities being traded across borders and people moving in search of better livelihoods to different parts of the world. The crucial element is the ‘worldwide interconnectedness’ that is created and sustained as a consequence of these constant flows.
  1. ‘Worldwide interconnectedness’ is also known as ______.
    1. Globalisation
    2. Liberalisation
    3. Socialisation
    4. Privatisation
  2. Dimensions of globalisation are ______.
    1. political, social and spiritual
    2. social, economic and geographical
    3. political, economic and environmental
    4. political, social and economic
  3. Which among the following increases economic activities?
    1. Decline in employment
    2. Increase m the index of poverty
    3. Strong global economic growth
    4. Great decline in the trade
  4. Which one of the following is an impact of globalisation?
    1. The power of the states has increased.
    2. New trade barriers have been imposed.
    3. Choice of the customer has increased.
    4. It has given a boost to local industries.

Read the following text carefully and answer the given questions on the basis of the same and common understanding:

India urged the World Trade Organisation (WTO) to relax rules to allow the country to export food grains from its public stocks to the nations facing food crises. India can help, reduce food insecurity but there is hesitation on the part of the WTO, in relaxing its rules. India's Finance Minister said food, fuel and fertilizers are global public goods and ensuring access of these for developing and emerging economies is critical. She also shared India's experiences, including robust gains in agriculture production, citizen-centric, food security programmes and innovative delivery ‘mechanisms such as the 'One Nation one Ration Card’ Scheme.
  1. State and discuss any two objectives of World Trade Organisation.
  2. Name any two steps taken by India to strengthen food security.


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