The correct answer is Option 4- Neither of them is correct.
Statement A- Globalisation relates only to economic issues only.
Statement B- In Globalisation, the direction of influence is always from the rich to the poor countries.
If we look for examples of the use of the term ‘globalisation’ in real life, we will realise that it is used in various contexts. Let us look at some examples:
Many retail shopkeepers fear that they will lose their livelihoods if some major international companies open retail chains in the country.
A film producer in Mumbai was accused of lifting the story of his film from another film made in Hollywood.
A militant group issued a statement threatening college girls who wear western clothes.
These examples show us that globalisation need not always be positive; it can have negative consequences for the people.The examples show us that globalization need not always be positive; it can have negative consequences for people. Indeed, there are many who believe that globalization has more negative consequences than positive ones. Globalization need not be only about economic issues, nor is the direction of influence always from the rich to the poor countries.
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