Question
Explain any two positive and any two negative effects of globalisation.
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Answer
Globalisation generally refers to a process by which the planet earth is considered to be one single unit or a global village where social and economic interactions among the people are based on independence.Merits of Globalisation:
- Indian economy will become competitive.
- Inflow of foreign capital and technique.
- Beneficial to consumers.
- Increase in employment opportunities etc.
- Imperialistic in nature.
- Unemployment increases.
- Destruction of small-scale and cottage industries.
- Promoting consumerism and western values.
- Rapid commercialization of education and over emphasis on market-oriented courses.
- The undermining of social sciences and humanities is already having a detrimental effect on society.
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'We have a Muslim minority who are so large in numbers that they cannot, even if they want, go any where else. That is a basic fact about which there can be no argument. Whatever the provocation from Pakistan and whatever the indignities and horrors inflicted on non-Muslims there, we have got to deal with this minority in a civilised manner We must give them security and the rights of citizens in a democratic State. If we fail to do so, we shall have a festering sore which will eventually poison the whole body politic and probably destroy it.
Jawaharlal Nehru, Letter to Chief Ministers, 15 October,1947.
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The two superpowers were keen on expanding their spheres of influence in different parts of the world. In a world sharply divided between the two alliance systems, a state was supposed to remain tied to its protective superpower to limit the influence of the other superpower and its allies….Most countries of Western Europe sided with the U.S. and those of the Eastern Europe joined the Soviet camp.
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