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11 questions · timed · auto-graded

Question 14 Marks
Are global interconnections new to the World and India? Discuss.
Answer
Global interconnections - New to the World and India.
  • Silk route, centuries ago connected India to the great civilisations.
  • People from different parts came to India as traders, conquerors, migrants and settled down here.
  • Modern capitalism had a global dimension since colonial rule.
  • Colonialism led to considerable movement, India was the source of raw material.
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Question 24 Marks
Explain the economic policy of liberalisation.
Answer
  • Liberalisation of economy meant the steady removal of the rules and regulations.
  • Indian economy has introduced a series of reforms in all major sectors of economy.
  • Greater integration into the global market will be beneficial to Indian economy.
  • It also involves taking loans from international institution like I.M.F.
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Question 34 Marks
Discuss the changes that have emerged in Indian industries after globalisation and liberalisation.
Answer
Globalisation & Indian industry -
  • Private companies especially foreign firms are encouraged to invest in sectors earlier reserved for Government.
  • Licenses are no longer required to open industries.
  • Privatisation of public sector or Government companies.
  • Indian companies are becoming MNCs.
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Question 44 Marks
Write about the features of transnational corporations.
Answer
  • TNC‘s are companies that produce goods or services in more than one country.
  • These may be small firms with one or two factories outside the country.
  • They could be huge international firms whose operations spread worldwide.
  • Examples are CocaCola, General Motors, Coalgate- Pal molive, Kodak, Mitsubishi, Pepsi, etc.
  • Oriented to global profits and global markets.
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Question 54 Marks
Explain the economic policy of liberalisation.
Answer
  1. The term liberalisation refers to arrangement of policy decisions that the Indian state took since 1991 to open up the Indian economy to the world market.
  2. This marked a break with an earlier stated policy of the government to have a greater control over the economy, in order to protect Indian industry and to develop the economy.
  3. Liberalisation of economy meant the steady removal of rules that regulated Indian trade and finance which was described as economic reforms; this allowed more freedom to private industry.
  4. It would bring about greater integration in a global market, involve taking loans from institution like IMF.
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Question 64 Marks
Explain the impact of globalisation on culture.
Answer
  1. Initially it was expected that all cultures will become similar i.e homogeneous, with globalisation.
  2. But in fact, this has not happened; instead there is an increasing tendency towards glocalisation of culture.
  3. So, influences from around the world are now affecting all local cultures Examples- Bhangra pop, television, etc.
  4. It has led to culture of consumption and corporate culture.
  5. Gender issue has become more democratic and inclusive.
  6. It has posed a threat to indigenous craft, literary tradition & knowledge system.
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Question 74 Marks
Explain the role of Trans National Corporations as an important factor of globalisation.
Answer
Role of TNC’s in Globalisation:
  1. TNC’s are the companies that produce goods or market. services in more than one country.
  2. These may be relatively small firms with one or two factories outside the country in which they are based or could also be gigantic international ones whose operations criss-cross the globe.
  3. They are oriented to the global markets and global profits even if they have clear national base.
  4. Some of the biggest TNC’s are Coca-Cola, General Motors, Nike, Colgate-Palmolive, Kodak, Mitsubishi, etc.
  5. Such companies manufacture where resource is in abundance, labor is cheap and sell where there is a demand.
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Question 84 Marks
How is globalisation a threat to indigenous craft and knowledge systems? Explain with suitable examples.
Answer
Threats to indigenous crafts and knowledge systems are -
  • Unable to compete with power looms, traditional craft of weaving are dying out.
  • Traditional knowledge systems in the field of medicine & agriculture were effected by global companies. E.g. tulsi, haldi, rudraksh, etc. These are threatened by global pharmaceutical and agri-business firms.
  • Theatre traditions dying out eg. decline of textile industries in Mumbai led to many theatre groups becoming defunct.
  • Availability of machine made items leads to decline of traditional occupations.
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Question 94 Marks
With globalisation, there emerged a new ‘international division of labour’ Discuss with suitable examples.
Answer
The new international division of labour is -
  • A new international division of labour has emerged in which more & more routine manufacturing production & employment is done in the Third World cities.
  • Countries where labour was cheap became production centres – Outsourcing.
  • E.g. Nike Shoes founder Phil Knight imported shoes from Japan – Company grew into a MNC a TNC. As the cost increased, production shifted to Thailand & Indonesia then to India. If even cheap labour becomes available then they may move else where.
  • Instead of mass production of goods at centralised location, it has moved to a system of flexible production at dispersed locations.
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Question 104 Marks
"With globalization there emerged a new international division of labour". Discuss with suitable examples.
Answer
Globalisation and a New International Division of Labour:
  1. With the rapid progress of globalization a new international division of labour has emerged. It has caused more and more routine manufacturing production and employment in the third world cities.
  2. The Nike Company progressed profusely from its inception in the 1960s. This company became a giant exporter of shoes from Japan and sold them in athletic meetings.
  3. The Nike Company grew to a multinational enterprise or a transnational corporation. The headquarters of the company are in Beverton.
  4. As the quantum of costs increased the company shifted its production to South Korea in mid-1970s. However, labour costs grew in South Korea, therefore, in the 1980s production widened to Thailand and Indonesia. In the 1990s the company's productions are being made in India. It clearly shows if labour is cheaper elsewhere production centre will shift somewhere else, this policy of shifting the production centres has certainly made the labouring population very vulnerable and insecure.
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Question 114 Marks
How is globalization a threat to indigenous craft and knowledge systems ? Explain with suitable examples.
Answer
  1. The effects of globalization are far reaching. Virtually, it affects us all but affects us differently. For many people it may mean loss of livelihood.
  2. After the entry of Chinese and Korean silk yarn in the market, women silk spinners and twisters lost their jobs.
  3. About 30 theatre groups that were active around the textile mills areas of Parel and Girgaum of Mumbai city, have become defunct, as many mill workers are out of jobs in these regions.
  4. In the same way, different types of traditional knowledge systems especially in the areas of medicine and agriculture have been preserved and passed on from one generation to the other, at present some multinational companies are trying to patent the use of Tulsi, Haldi, Rudraksha and Basmati Rice has highlighted the requirement for protecting the base of its indigenous knowledge systems.
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4 Marks Question - Sociology STD 12 Humanities Questions - Vidyadip