Given below are two statements: one is labelled as Assertion A and the other is labelled as Reason R
Assertion A: A much broader way of understanding of economic globalisation requires us to look at the distribution of economic gains.
Reason R: Economic globalisation usually involves greater economic flows among different countries of the world.
In the light of the above statements, choose the most appropriate answer from the options given below:
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → Both A and R are correct and R is NOT the correct explanation of A
Assertion A — True. Economic globalisation involves many actors other than the international institutions, so a broader way of understanding it requires us to look at the distribution of economic gains: who gets the most from globalisation, who gets less, and who loses from it.
Reason R — True. What is often called economic globalisation usually involves greater economic flows among different countries of the world – of commodities, capital, people and ideas.
Why R does not explain A: R says what economic globalisation is made of – the flows between countries. A is about how to judge it: by asking who gains and who loses from those flows. Knowing that the flows are greater does not tell us how the gains are shared, so R is not the correct explanation of A.
NCERT (2026-27): “Economic Consequences … A much broader way of understanding of economic globalisation requires us to look at the distribution of economic gains, i.e. who gets the most from globalisation and who gets less, indeed who loses from it. Economic Consequences … What is often called economic globalisation usually involves greater economic flows among different countries of the world. Some of this is voluntary and some forced by international institutions and powerful countries. As we saw in the examples at the beginning of this chapter, this flow or exchange can take various forms: commodities, capital, people and ideas.…” |