The Market as a Social Institution — Sociology STD 12 Humanities — Question
CBSE BoardEnglish MediumSTD 12 HumanitiesSociologyThe Market as a Social Institution4 Marks
Question
What are some of the processes included under the label “globalisation”?
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Answer
It includes number of trends specially the increase in international movement of commodities, Money, Information, People, cultural products and images.
The development of technology and other infrastructure to allow this movement.
Increasing extension and integration of markets around the world; enter into new markets.
Integration means changes in one part of globe may have impact somewhere else far away.
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