- Importance of Democracy: Globalisation has promoted participatory and citizen-centered governance.
- Position of the State: The State’s role is challenged by global markets, international laws and internal issues.
- Role of Non-State Actors: NGOs like Amnesty and Greenpeace influence global human rights issues.
- Human Rights Debate: Developing countries stress economic development before civil and political rights.
- Sovereignty under Challenge: International treaties and global issues limit state sovereignty.
- State Still Important: The State remains strong through its institutions and protects national interests.
Key Points
Key Points: Globalisation
- Globalisation means the world has become more interconnected.
- Technology has made communication and education easier across countries.
- Goods moving freely between nations.
- Events in one part of the world affect people in other regions.
- Economic, political, social, and cultural changes are closely interconnected.
Key Points: Ideological Issues
- During the Cold War, countries were divided into socialist and capitalist ideological blocs.
- Political ideology strongly influenced a country’s economic system.
- India followed a mixed economic system combining socialism and capitalism.
- Market economy has become the dominant system worldwide.
- Countries follow different forms of market economybased on their ideology.
Key Points: Social and Cultural Issues of Globalisation
- Global awareness: Media and internet increased awareness about global events and cultures.
- Global cosmopolitan culture: A mixed global culture has developed, mainly influenced by the West.
- Change in lifestyles: Food, dress and festivals have become more modern and westernised.
- Rise of individualism: Urbanisation has weakened traditional family systems and increased materialism.
- Positive effects: Globalisation created jobs, opportunities and better connectivity.
- Negative effects: Fear of harm to welfare policies, small businesses and farmers.
- Role of the State: The State must protect core values and support weaker sections.
Key Points: Economic Issues
- Free flow of capital: After the 1990s, money started moving freely across countries, increasing investments.
- Foreign investment in India: Foreign companies invested in India’s infrastructure and consumer sectors.
- Need for foreign capital: India accepted foreign investment due to limited domestic resources.
- Change in trade rules: GATT was replaced by WTO in 1995 to promote global trade.
- Expansion of trade: Trade expanded to services like banking, insurance and intellectual property.
- Containerisation: Container ships made transport faster, cheaper and efficient.
- Rise of multinational companies: MNCs started operating in many countries, increasing global business.
- Impact on labour and agriculture: Globalisation created jobs, migration and new markets for Indian farm products.
Key Points: Key Economic Terms
- Multinational Company (MNC): A company operating in many countries but controlled from one home country.
- Transnational Corporation (TNC): A borderless company with no fixed home country or headquarters.
- Service Sector: The third economic sector that provides services like catering, security, and housekeeping.
Key Points: Political Issues
Key Points: Technology
- Rapid technological growth since the 1990s transformed global communication.
- Satellite TV, mobile phones, and the internet revolutionised daily life.
- Media in India expanded from Doordarshan to multiple private TV channels
- Communication shifted from trunk calls to widespread mobile connectivity.
- The internet enabled instant global connection and information sharing.
- Social media platforms like WhatsApp and Instagram increased social networking.
- Technology helped transnational groups and organisations operate across borders.
Important Questions [24]
- What are the negative aspects of globalisation?
- Explain the co-relation between the following. Globalisation and culture
- Answer the following question in 150 to 200 words. Explain the impact of globalisation. Impact on Technology Social Impact Cultural Impact Political Impact Economic Impact
- Express your Opinion: Consumers are today getting quality goods and services. Discuss.
- 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. The importance of non-state actors has declined in the era of globalisation.
- What are the positive aspects of Globalisation?
- State whether the following statement is true or false with reason. Non-state actors have become irrelevant in the age of globalization.
- Unilever is a transnational company because _______.
- Explain the co-relation between the following. GATT and WTO
- State the appropriate concept for the given statement. A ship that carries huge cargo from one country to another -
- Identify the incorrect pair in the set, correct it and rewrite: WTO - World Trade Organisation GATT - General Agreement on Tariffs and Trade N.G.O. - Protection of the Human Rights
- Identify the incorrect pair, correct it, and rewrite: Rules and regulations to govern international trade - GATT 1948 World Trade Organisation (WTO) - 2000 Globalisation - 1991
- India is a developing country because ______.
- Find the odd word in the given set and write: Patent, Trademark, Copyright, Education
- Suggest/State an appropriate concept/word. The companies that operate in several countries.
- State the appropriate concept for the given statement: A state in which all segments of the society are involved in the making of policy.
- Explain in detail the political issues in the context of globalisation. Meaning of globalisation Importance of democracy Position of the state Non-state actors Human Rights
- Express your opinion on the following: Participatory State is beneficial to the society.
- In _______ Economic System the public and private sector play an important role.
- The term "Capitalist market economy" is used ______
- The ______ revolution was perhaps the most important revolution in the field of technology.
- Until the coming of a foreign channel, ______ was the only TV broadcaster in India.
- Express your opinion in 25 to 30 words on the following: Positive and negative aspects of globalisation.
