Question

explain the impact of globelisation on our indian soceity

Answer 1

Globalization indicates that the world today is more interconnected than before. Globalization in its basic economic sense refers to the adoption of open and unfettered trading markets (through lowering of trade barriers, removal of capital controls, and liberalization of foreign exchange restrictions). Large volumes of money movement, increased volumes of trade, changes in information technology and communication are all integral to a global world. There is also a significant movement of people from one country to another for trade and work. Such increases in the movement of goods, labor, and services have weakened national barriers and restrictions that are imposed by a nation state. Some identify a new emergence of a “global village.” In the past two decades, economic globalization has been the driving force behind the overall process of globalization.

The effects are:

a) The movements of people from rural to urban areas have accelerated, and the growth of cities in the developing world especially is linked to substandard living for many.

b) Family disruption and social and domestic violence are increasing. For example, 2004 New Delhi police reports indicate that deaths in the city of about six women everyday are dowry-related suicides.

c) Concepts of national identity, and of family, job and tradition are changing rapidly and significantly.

d) There is concern that competitiveness introduced by globalization is leading to more individualistic societies.

e) Loss of tolerance for differences in religion and culture.

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