Practice What Is Globalisation? (4.4) - GLOBALISATION AND THE INDIAN ECONOMY

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6 sample questions

Question 1.
What is globalisation?
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Think about how countries interact economically.
Question 2.
Name one key driver of globalisation.
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What kind of companies operate in multiple countries?
3Question 3.
What is the primary purpose of MNCs in globalisation?
- To enrich local economies
- To maximize profits
- To ensure fair trade
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Think about what drives a corporation's decision-making.
4Question 4.
True or False: Liberalisation of trade policies has no impact on global trade.
- True
- False
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Consider how trade barriers affect business operations.
Question 5.
Evaluate the effects of globalisation on rural farmers in developing countries.
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Consider the balance of competition and opportunity.
Question 6.
Propose a strategy that governments could use to help local industries cope with the effects of globalisation.
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What measures can a government take to support its own economy?

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