Question

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Q.12. Describe the steps that may be taken to make globalisation more "fair.
Ans. The following steps may be taken to make globalisation more fair :
(i) Labour laws should be implemented properly to avoid exploitation of the work
m The government should protect the interest of the small producers by using tra

Answer 1

Answer:

Four phases of globalisation

In such cases, it is important to be clear about what is important. ...

Phase 1: “Humanising” the globe (first 190,000 years)

Phase 2: “Localising” the world economy (12,000 BCE - 1820)

Phase 3: The Old Globalisation (1820 - 1990)

Phase 4: The New Globalisation (1990 - Now)