Which of the statements are TRUE about globalisation?
a. Globalisation is only about movement of commodities.
b. Globalisation does not involve a conflict of values.
c. Services are an insignificant part of globalisation.
d. Globalisation is about worldwide interconnectedness.
Which of the statements are TRUE about globalisation?
a. Globalisation is only about movement of commodities.
b. Globalisation does not involve a conflict of values.
c. Services are an insignificant part of globalisation.
d. Globalisation is about worldwide interconnectedness.
a. This statement is false.
Explanation
Globalisation has a materialistic aspect for it is easy to identify the flow of goods and capital; however, all these are facilitated by the trade rules, various services like banking, cultural symbolism like the influence of English, movement of people and information, all contributing to the global interconnectedness.
b. This statement is false.
Explanation
Globalisation leads to the advent of new values associated with individualism. It provides more opportunities to the society. It has brought in the conflict between traditional beliefs and modern values. We may give example of job opportunities for women that may conflict with their personal domestic duties.
c. This statement is false.
Explanation
The entire process of globalisation is facilitated by services like banking, transportation system and internet and computer related services. All these have widened the job opportunities for people and have resulted in the migration and mobility of people.
d. This statement is true.
Explanation
Worldwide interconnectedness basically explains the phenomenon of globalisation, which establishes a greater inter-connectivity among the countries across the globe through the exchange of ideas, knowledge, people, flow of goods, capital and services, etc. Its important components are flow of goods, capital, people and ideas.
a. This statement is false.
Explanation
Globalisation has a materialistic aspect for it is easy to identify the flow of goods and capital; however, all these are facilitated by the trade rules, various services like banking, cultural symbolism like the influence of English, movement of people and information, all contributing to the global interconnectedness.
b. This statement is false.
Explanation
Globalisation leads to the advent of new values associated with individualism. It provides more opportunities to the society. It has brought in the conflict between traditional beliefs and modern values. We may give example of job opportunities for women that may conflict with their personal domestic duties.
c. This statement is false.
Explanation
The entire process of globalisation is facilitated by services like banking, transportation system and internet and computer related services. All these have widened the job opportunities for people and have resulted in the migration and mobility of people.
d. This statement is true.
Explanation
Worldwide interconnectedness basically explains the phenomenon of globalisation, which establishes a greater inter-connectivity among the countries across the globe through the exchange of ideas, knowledge, people, flow of goods, capital and services, etc. Its important components are flow of goods, capital, people and ideas.
