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प्रश्न
How has information and communication technology stimulated the globalisation process? Explain with examples.
उत्तर
Information and communication technology has stimulated the globalisation process in the following ways:
In the past 50 years, technology has undergone a major transformation. For example, we can speak to our friends and relatives easily and conveniently with the help of the Internet.
Restrictions on foreign brands have been removed so that these brands can venture into the Indian markets.
Online shopping has become a trend. It is a one stop shop for all the products that we require.
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संबंधित प्रश्न
"Globalisation has been advantageous to consumers as well as to producers." Support the statement with suitable examples.
Why do MNCs set up their offices and factories in those regions where they get cheap labour and other resources?
What are the two main ways of generating electricity? How are they different from each other? Explain.
Describe the conditions in which markets do not work in a fair manner.
What do you understand by globalisation? Explain in your own words.
Indian buyers have a greater choice of goods than they did two decades back. This is closely associated with the process of ______________. Markets in India are selling goods produced in many other countries. This means there is increasing ______________ with other countries. Moreover, the rising number of brands that we see in the markets might be produced by MNCs in India. MNCs are investing in India because _____________. While consumers have more choices in the market, the effect of rising _______________ and _____________ has meant greater _______________ among the producers.
Match the following.
|
(i) |
MNCs buy at cheap rates from small producers |
(a) |
Automobiles |
|
(ii) |
Quotas and taxes on imports are used to regulate trade |
(b) |
Garments, footwear, sports items |
|
(iii) |
Indian companies who have invested abroad |
(c) |
Call centres |
|
(iv) |
IT has helped in spreading of production of services |
(d) |
Tata Motors, Infosys, Ranbaxy |
|
(v) |
Several MNCs have invested in setting up factories in India for production |
(e) |
Trade barriers |
How does foreign trade lead to integration of markets across countries? Explain with an example other than those given here.
Answer the following question.
How do we feel the impact of globalization on our daily life? Explain with examples.
Analyze any five positive effects of globalization on the Indian economy.
