What do you mean by Globalisation? |
Globalisation as a concept fundamentally deals with the flows It is always a positive concept It is always a negative concept It is related to the idea of a protectionist state |
Globalisation as a concept fundamentally deals with the flows |
The correct answer is Option 1: Globalisation as a concept fundamentally deals with the flows Given options: Option 1- Globalisation as a concept fundamentally deals with the flows (correct) Globalisation as a concept fundamentally deals with flows. These flows could be of various kinds — ideas moving from one part of the world to another, capital shunted between two or more places, commodities being traded across borders, and people moving in search of better livelihoods to different parts of the world. The crucial element is the ‘worldwide interconnectedness’ that is created and sustained as a consequence of these constant flows. Globalisation is a multi-dimensional concept. Other options: Option 2- It is always a positive concept: Globalisation is not always a positive concept. |