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प्रश्न
Express your Opinion:
Consumers are today getting quality goods and services. Discuss.
Explain your opinion in 25 to 30 words on the following.
Due to globalisation consumers get qualitative goods and services.
उत्तर
I agree with the above statement for the following reasons:
- In 1991, India accepted globalization, and from that point on, products, services, as well as capital, were all freely exchanged. Prior to 1991, India lacked several high-quality products. Following the lifting of import restrictions in 1991, many products are now widely available.
- we say that the world has become more interconnected. Technological developments have helped this interconnectivity. For example, online applications can be made for admission to any college or university abroad. Similarly, mobile calls or WhatsApp messages can be made from any part of the world to your friends and family. Changes have taken place in economics and trade. Indian fruits and flowers are exported to Europe and America, and various consumer goods from Europe, America, or China are available in the Indian market. The customers of international banking, insurance, and telecom firms receive high-quality services.
Notes
Students can refer to the answer according to their marks.
संबंधित प्रश्न
Some of the important changes that occurred in the economic sphere in the age of globalisation are:
(i) Free flow of finance capital
(ii) Creation of GATT
(iii) Rise of Transnational Companies
(iv) Focus on intellectual Property rights
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.
Non-state actors have become irrelevant in the age of globalization.
Explain the co-relation between the following.
Globalisation and culture
What are the positive aspects of Globalisation?
The word globalisation experiment came up new in ______.
Economics and ______ have brought the (nations) in the world closer.
Answer the following question in 150 to 200 words with reference to the given points:
Explain the impact of globalisation.
- Impact on Technology
- Social Impact
- Cultural Impact
- Political Impact
- Economic Impact
State whether the following statement is True or False with reason.
The importance of non-state actors has declined in the era of globalisation.
Express your opinion.
Globalisation is a process of integrating national economy with the global economy, Discuss.
