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Home Questions MYNVUUDC45
Target Exam

CUET

Subject

Sociology

Chapter

Social Change and Development in India: Globalisation and Social Change

Question:

Select a statement which can be attributed as an economic characteristic of a globalized world.

Options:

Shift from manufacturing economy to Knowledge economy.

There is further exploitation of developing countries by MNCs.

Shift from international economy to local economy.

Marginalization of the international economy and dominance of the national economy.

Correct Answer:

Shift from manufacturing economy to Knowledge economy.

Explanation:

A statement that can be attributed as an economic characteristic of a globalized world is: Shift from manufacturing economy to Knowledge economy.

Globalization often involves a transition from traditional manufacturing-based economies to economies that place greater emphasis on knowledge, technology, and information. This shift reflects the changing nature of economic activities in a globalized context.

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