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

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प्रश्न

What is worldwide interconnectedness? What are its components?

टिप्पणी लिखिए

उत्तर

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.
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Globalisation
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अध्याय 9: Globalisation - Exercises [पृष्ठ १४८]

APPEARS IN

एनसीईआरटी Political Science - Contemporary World Politics [English] Class 12
अध्याय 9 Globalisation
Exercises | Q 6 | पृष्ठ १४८

संबंधित प्रश्न

Mention any two benefits of globalisation.


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


Which of the statements are TRUE about globalisation?


Which of the statements are TRUE about the impact of globalisation?

  1. Globalisation has been uneven in its impact on states and societies.
  2. Globalisation has had a uniform impact on all states and societies.
  3. The impact of globalisation has been confined to the political sphere.
  4. Globalisation inevitably results in cultural homogeneity.

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.

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


Distinguish between:

Bilateral and Multi-lateral trade


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?


When was WTO established?


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 ______.


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


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


Where is the headquarter of IBRD? 


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.

Globalization has improved the living structure of ______


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.

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


Which of the following statements is true about globalisation?


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