Which of the statements are FALSE about globalisation?
a. Advocates of globalisation argue that it will result in greater economic growth.
b. Critics of globalisation argue that it will result in greater economic disparity.
c. Advocates of globalisation argue that it will result in cultural homogenisation.
d. Critics of globalisation argue that it will result in cultural homogenisation.
a. This statement is true.
The advocates of globalisation argue that the phenomenon has already brought about more choices for the consumers; it has increased the inflow of foreign exchange and will further boost the economic growth of countries. They argue that the MNCs will provide more job opportunities and more opportunities for the local companies to collaborate with them and expand and grow.
b. This statement is true.
The critics of globalisation argue that the process will have an uneven impact, as most of the sections of the society have not been able to accrue its benefits. Globalisation has widened the gap between the rich and the poor. We may give example of how small scale units have been forced to shut down because of their inability to cope with the MNCs, how the agrarian economies of developing countries are affected, how the casual workers who are hired on contracts are deprived of its benefits and how globalisation has ruined the economies of the weaker countries.
c. This statement is true.
The advocates of globalisation argue that it will result in the rise of a uniform culture or lead to cultural homogenisation. It involves the influence of the western or dominant culture of the world or the influence of the US culture, which has been able to transmit its ideas, values and culture all across, resulting in the increased Americanisation of societies.
d. This statement is false.
The critics of globalisation argue that cultures are not static; they have evolved over a period of time. Globalisation has brought about a greater intermingling of cultures, where each culture, assimilating a few aspects of the western culture, retains its unique distinctiveness. Globalisation has rather resulted in the cultural heterogeneity. The interaction with other cultures has enlarged our choices and has created preferences.