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Question
___________________ is the integration and interconnection of world economies where goods, services, capital, and technology are exchanged between countries.
___________________ is the integration and interconnection of world economies where goods, services, capital, and technology are exchanged between countries.
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Solution
The correct option is D Globalisation
In 1991, India adopted the new economic policy of globalisation. Due to this, India could export and import goods and services. The policy also made way for foreign companies to invest in India. This lead to the flow of new technologies in the country.
In 1991, India adopted the new economic policy of globalisation. Due to this, India could export and import goods and services. The policy also made way for foreign companies to invest in India. This lead to the flow of new technologies in the country.
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