Question

19. Globalisation refers to
(A) A more integrated and interdependent world
(B) Lower income world wide
(C) Less foreign trade and investment
(D) Global warming​

Answer 1

Answer:

D) Both a and c please forward the attached

Answer 2

★ Answer ★

A) A more integrated and interdependent world.

• Globalisation means integrating the economy of a country with the economies of other countries under conditions of free flow of trade and capital and movement of persons across borders.

• Integration of markets in different countries is known as foreign trade.

★ Impact of Globalisation

✒️ Globalisation has impacted Indian economy in the following ways$.$

• Increase in foreign investments.

• Emergence of Indian companies a multinational.

• Wide choice of goods and services.

• Creation of new opportunities.

• Creation of new jobs.

• Entry of food processing companies.

• Availability of goods of good quality of lower prices.

Hence, Option A is correct ✅