Practicing Success
Practicing Success
CUET Preparation Today
| If globalization is about global interconnections we can ask whether this is really a new phenomenon. Was India or the different parts of the world not interacting with each other in earlier times? India was not isolated from the world even two thousand years ago. We have read in our history textbooks about the famous Silk Route, which centuries ago connected India to the great civilizations, which existed in China, Persia, Egypt, and Rome. We also know that throughout India’s long past, people from different parts came here, sometimes as traders, sometimes as conquerors, and sometimes as migrants in search of new lands and settled down here. In remote Indian villages often people ‘recall’ a time when their ancestors lived elsewhere, from where they came and settled down where they now live. |
| Banks, corporations, fund managers, and individual investors are able to shift funds internationally with the click of a mouse. This is a feature of globalization known as___________? |
Electronic economy. Cashless economy. The transnational economy. None of the above. |
| Electronic economy. |
| It is a feature of globalization known, which is known as the electronic economy. |
