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Question : 10
Total: 13
(a) "Technology is the vital force in the modern form of globalisation." Explain the statement with suitable examples.
OR
(b) "The impact of globalisation has not been uniform." Explain the statement with suitable examples.
OR
(b) "The impact of globalisation has not been uniform." Explain the statement with suitable examples.
Solution:
(a) (i) Rapid improvement in technology has been one major factor that has stimulated the globalisation process.
(ii) Technology has made much faster delivery of goods across long distances possible at lower costs.
(iii) Technology in the areas of telecommunications, computers and Internet is used to contact one another around the world, to access information instantly, and to communicate from remote areas.
(iv) Communication between different countries has been revolutionised because of technology.
For example,A buyer from India and the seller from Canada can organise a virtual meet to discuss the business without visiting each other's country and it enables them to pay online as well. This allows both the parties to trade without many obstacles and at a faster pace.
OR
(b) It is true that "the impact of globalisation has not been uniform".
The following points justify it:
(i) Globalisation has a negative impact on employment and real wages. Due to new technologies, output increases, but employment opportunities have not increased due to mechanised working, especially in rural areas.
(ii) Globalisation is mainly beneficial to large capitalists, industries and large companies.
(iii) The domestic producers, especially small-scale industries are not able to compete with large players such as multinational corporations.
(iv) Globalisation mainly allows developing (Like South Asian countries) and underdeveloped (African countries) economies to supply raw material to developed countries. This makes them dependent on developed countries.
(v) Globalisation through World Trade Organisation (WTO) has only favoured western developed economies.
(ii) Technology has made much faster delivery of goods across long distances possible at lower costs.
(iii) Technology in the areas of telecommunications, computers and Internet is used to contact one another around the world, to access information instantly, and to communicate from remote areas.
(iv) Communication between different countries has been revolutionised because of technology.
For example,
OR
(b) It is true that "the impact of globalisation has not been uniform".
The following points justify it:
(i) Globalisation has a negative impact on employment and real wages. Due to new technologies, output increases, but employment opportunities have not increased due to mechanised working, especially in rural areas.
(ii) Globalisation is mainly beneficial to large capitalists, industries and large companies.
(iii) The domestic producers, especially small-scale industries are not able to compete with large players such as multinational corporations.
(iv) Globalisation mainly allows developing (Like South Asian countries) and underdeveloped (African countries) economies to supply raw material to developed countries. This makes them dependent on developed countries.
(v) Globalisation through World Trade Organisation (WTO) has only favoured western developed economies.
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