Globalisation is a multi-dimensional concept. It has political, economic and cultural manifestations, and these must be adequately distinguished. The impact of globalisation is vastly uneven. It affects some societies more than others. It is important to avoid drawing general conclusions about the impact of globalisation without paying sufficient attention to specific contexts. 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.

It is important to avoid a general conclusion about Globalisation because:-

It's impact will vary due to different contexts.

The correct answer is option (1) - It's impact will vary due to different contexts.

As per the passage:

Globalisation is a multi-dimensional concept. It has political, economic and cultural manifestations, and these must be adequately distinguished. The impact of globalisation is vastly uneven. It affects some societies more than others. It is important to avoid drawing general conclusions about the impact of globalisation without paying sufficient attention to specific contexts. Globalisation as a concept fundamentally deals with flows.