Which of the statements are TRUE about the causes of globalisation?
a. Technology is an important cause of globalisation.
b. Globalisation is caused by a particular community of people.
c. Globalisation originated in the US.
d. Economic interdependence alone causes globalisation.
Which of the statements are TRUE about the causes of globalisation?
a. Technology is an important cause of globalisation.
b. Globalisation is caused by a particular community of people.
c. Globalisation originated in the US.
d. Economic interdependence alone causes globalisation.
a. This statement is true.
Explanation
Technological advancements stimulated the process of globalisation. Improvements and advancements in the information and technology have brought the world closer. The invention of the telegraph, telephone and the microchip has revolutionised communication between different parts of the world. These technological changes led to increased awareness among the people, telecommunication and growth of electronic media, Internet has also helped in the greater exchange of ideas and beliefs among the people.
b. This statement is false.
Explanation
Globalisation is a global phenomenon and it’s origin is not associated to a particular community of people. It is a process which has evolved over a period of time with increased trading activities, followed by increased migration of people, exchange of ideas, beliefs, and cultures across the globe.
c. This statement is false.
Explanation
It would be wrong to assume that globalisation originated in the US. In fact, the rise of the global world can be attributed to several factors like the development of print and Maritime Silk Route, technological changes and the migration of people from one part of the world to another. Presently, globalization has been institutionalised with organisations like the World Bank and the IMF which are largely under the influence of the US.
d. This statement is false.
Explanation
Since globalisation is a multi-dimensional phenomenon, we cannot argue that it is only the economic interdependence or greater trade among the nation states that results in this process. Rather, globalisation is a worldwide interconnectedness, which is associated with the flow of goods, capital, people and information.
a. This statement is true.
Explanation
Technological advancements stimulated the process of globalisation. Improvements and advancements in the information and technology have brought the world closer. The invention of the telegraph, telephone and the microchip has revolutionised communication between different parts of the world. These technological changes led to increased awareness among the people, telecommunication and growth of electronic media, Internet has also helped in the greater exchange of ideas and beliefs among the people.
b. This statement is false.
Explanation
Globalisation is a global phenomenon and it’s origin is not associated to a particular community of people. It is a process which has evolved over a period of time with increased trading activities, followed by increased migration of people, exchange of ideas, beliefs, and cultures across the globe.
c. This statement is false.
Explanation
It would be wrong to assume that globalisation originated in the US. In fact, the rise of the global world can be attributed to several factors like the development of print and Maritime Silk Route, technological changes and the migration of people from one part of the world to another. Presently, globalization has been institutionalised with organisations like the World Bank and the IMF which are largely under the influence of the US.
d. This statement is false.
Explanation
Since globalisation is a multi-dimensional phenomenon, we cannot argue that it is only the economic interdependence or greater trade among the nation states that results in this process. Rather, globalisation is a worldwide interconnectedness, which is associated with the flow of goods, capital, people and information.
