Globalization Economics

Multiple Choice

Among the following which image indicate the Globalisation?

Learning objectives

1.

Identify and analyse the key factors that have enabled globalization into
economic, technological, political, and cultural dimensions.

2.

Assess the positive and negative impacts of globalization

Individual task - Factors that enabled the Globalization

Group 1,2
Identify the factors that enabled the Globalisation

Group 3,4

Discuss the factors that enabled globalization

Group 5

Case based question

Assessment

Which are the factors that enabled the globalisation ?

WTO

Internet

Airways

Trade barrier

Multiple Select

Which are the factors that enabled the globalization ?

• WTO

• Liberalisation

• Air ways

• Harmonization

Open Ended

What does this image depicts ?

Lo

Assess the positive and negative impacts of globalization

Video review
https://www.youtube.com/watch?v=Xc0bR9tiDyU&ab_channel=OneMinuteEconomics

​Jot down the important points after watching the video

Multiple Choice

What do you mean by Globalisation ?

• Removing barriers or restrictions

  set by the government is what is

  known as Globalisation.

• It is the process of is this

  process of rapid integration or

  interconnection between countries

• The transfer of a business, industry, or service from public to private ownership and control.

• A process of settling among and establishing control over the indigenous people of an area.

1. Listen attentively when others are speaking.

2. Avoid interrupting or talking over someone.

3. Be open to diverse perspectives and opinions.

4. Keep the discussion focused on the assigned topic

5. Duraion – 15 minutes

Group discussion - Guidelines

Group Task

Group 1 : Discuss the positive impacts of Globalisation in Indian economy.

Group 2: Discuss the negative impacts of Globalisation in Indian economy.

Group 5 - Can globalization be solely credited for economic growth in India, or
are there any other contributing factors? Discuss.

Group 3. Case based Question. Analyse the both positive and negative impacts of
Globalisation

Maheswar: "Compare the impacts of globalization on India and the UAE,
considering economic growth, technology, culture, and overall development."

Multiple Select

Which among the following are positive impacts of Globalization?

• Increased economic growth

• Creation of new jobs

• Access to better technology

• Exploitation of workers

Multiple Choice

There are two statements marked as Assertion (A) and Reason (R). Mark

your answer as per the codes provided below.

Assertion: Globalization be solely credited for economic growth.

Reason: Globalization has led to the erosion of culture due to the influx of foreign influences.

• a.. Both (A) and (R) are true and (R) is the correct explanation of (A)

• b. Both (A) and (R) are true but (R) is not the correct explanation of (A)

• c. (A) is correct but (R) is wrong

• d. (A) is wrong but (R) is correct

There are two statements marked as Assertion (A) and Reason (R). Mark
your answer as per the codes provided below

Assertion: Globalization be solely credited for economic growth.

Reason: Globalization has led to the erosion of Indian culture due to the influx of
foreign influences.

a.. Both (A) and (R) are true and (R) is the correct explanation of (A)

b. Both (A) and (R) are true but (R) is not the correct explanation of (A)

c. (A) is correct but (R) is wrong

d. (A) is wrong but (R) is correct

Multiple Select

How can we foster a more equitable form of globalization that benefits all nations

in the world?

• Strengthening global institutions

• Increasing foreign aid and development assistance

• Increasing the exploitation the Third World countries,

• Promoting sustainable development: