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All questions of Development for Class 10 Exam

How do Transnational Corporations (TNCs) typically expand their operations?
  • a)
    By centralizing their management structures in the host country.
  • b)
    By primarily focusing on maintaining local values and connections.
  • c)
    By initially investing in one country and later expanding to leverage cost-effective labor in other regions.
  • d)
    By avoiding investments in developing countries due to perceived risks.
Correct answer is option 'C'. Can you explain this answer?

TNCs often initiate their operations by making direct investments in one country and then strategically expanding into other regions, particularly in developing countries. This expansion is commonly driven by the desire to take advantage of cost-effective labor and various incentives available in these new markets.

What is one way in which foreign investment can benefit both the investing country and the country receiving the investment?
  • a)
    Creating job opportunities in the investing country
  • b)
    Lowering production costs in the investing country
  • c)
    Increasing competition in the country receiving the investment
  • d)
    Reducing trade opportunities for the investing country
Correct answer is option 'A'. Can you explain this answer?

Foreign investment can lead to job creation in both the investing country and the country receiving the investment. This is because when companies invest in foreign countries, they often establish new operations or expand existing ones, which results in the creation of job opportunities for local residents. This can help boost economic growth and improve employment prospects in both nations involved in the investment.

How have nations like China, Brazil, and India transitioned economically due to globalisation?
  • a)
    They have regressed economically.
  • b)
    They have remained stagnant in terms of economic growth.
  • c)
    They have transitioned from developing to emerging economies.
  • d)
    They have become fully developed nations.
Correct answer is option 'C'. Can you explain this answer?

Nations like China, Brazil, and India have experienced an economic transition from developing to emerging economies as a result of globalisation. This shift has brought about significant changes in their economic landscapes, leading to increased trade, foreign investments, and economic growth. As these countries integrated into the global economy, they have seen improvements in various sectors, such as manufacturing, technology, and services, ultimately benefiting their citizens through job creation, income growth, and improved standards of living.

Which of the following network flows involves the exchange of fast data transfer and communication essential for global economic activities?
  • a)
    Labor
  • b)
    Trade
  • c)
    Aid
  • d)
    Information flow
Correct answer is option 'D'. Can you explain this answer?

Information flow involves fast data transfer and communication, playing a crucial role in global economic activities. In today's interconnected world, the rapid exchange of information is vital for businesses, governments, and organizations to make informed decisions and coordinate activities efficiently.

What key role do Large Transnational Corporations (TNCs) play in the process of globalization?
  • a)
    Promoting regional economic development
  • b)
    Facilitating cultural exchanges between nations
  • c)
    Operating globally and influencing various aspects of the global economy
  • d)
    Advocating for environmental sustainability initiatives
Correct answer is option 'C'. Can you explain this answer?

Large Transnational Corporations (TNCs) are pivotal players in the landscape of globalization as they operate globally and exert significant influence on the global economy. These multinational companies have expanded their operations across borders, establishing a presence in multiple countries and contributing to the interconnectedness of markets worldwide. Through their vast resources and reach, TNCs impact various facets of international trade, investment, and economic development, shaping the dynamics of globalization.

How have technological advancements contributed to the process of globalization?
  • a)
    They have hindered global communication and transportation networks
  • b)
    They have led to a decrease in global interconnectedness
  • c)
    They have played a key role in shaping the current landscape of globalization
  • d)
    They have limited access to information and resources across nations
Correct answer is option 'C'. Can you explain this answer?

Technological advancements have played a crucial role in shaping the current landscape of globalization. Progress in communication and transportation technologies has made the world more interconnected and accessible, leading to the phenomenon often described as a "shrinking world." These advancements have facilitated rapid and efficient exchanges of information, goods, and services across the globe, contributing to the deepening interconnectedness of nations and cultures.

What is a key factor contributing to the cost-effectiveness of production despite involving multiple countries and vast distances?
  • a)
    Economies of Scope
  • b)
    High transportation costs
  • c)
    Expensive labor
  • d)
    Economies of Scale
Correct answer is option 'D'. Can you explain this answer?

Economies of Scale play a significant role in ensuring the cost-effectiveness of production despite involving multiple countries and vast distances. By scaling up operations, businesses can benefit from lower costs per unit, enabling them to produce goods or services more efficiently and competitively in the global market.

How do transnational corporations (TNCs) contribute to the process of globalization?
  • a)
    By focusing primarily on the interests of their workforce
  • b)
    By prioritizing social welfare over profits
  • c)
    By connecting raw material sources to manufacturing centers and global markets
  • d)
    By minimizing their global marketing efforts
Correct answer is option 'C'. Can you explain this answer?

Transnational corporations (TNCs) play a crucial role in globalization by linking raw material sources to manufacturing centers and global markets. This process involves establishing a global presence, enhancing market influence, and facilitating the distribution of products worldwide. TNCs contribute significantly to the interconnected nature of the global economy, impacting economic, social, and environmental factors in various countries.

What term describes the phenomenon where the cost per item decreases as operations are scaled up?
  • a)
    Economies of Scope
  • b)
    Economies of Scale
  • c)
    Diseconomies of Scale
  • d)
    Opportunity Cost
Correct answer is option 'B'. Can you explain this answer?

Economies of Scale refer to the cost reduction per item when operations are scaled up. This means that as production levels increase, the cost per unit decreases. This concept is essential in understanding how businesses can achieve cost efficiencies by producing goods or services on a larger scale.

How do advancements in Modern Transport Networks contribute to the process of globalization?
  • a)
    Facilitating efficient movement of goods and people
  • b)
    Preserving traditional modes of transportation
  • c)
    Limiting cross-border interactions
  • d)
    Reducing the need for global connectivity
Correct answer is option 'A'. Can you explain this answer?

The advancements in Modern Transport Networks play a crucial role in fueling globalization by facilitating the efficient movement of goods and people across regions and continents. These sophisticated transport systems, including air, sea, and land networks, enhance connectivity and accessibility, enabling smoother trade flows, tourism, and cultural exchanges on a global scale. By reducing barriers to transportation and enhancing logistical capabilities, modern transport networks contribute to the acceleration of global interactions and the integration of diverse economies and societies.

How can the actions of transnational corporations (TNCs) impact countries on a global scale?
  • a)
    By promoting environmental sustainability exclusively
  • b)
    By focusing solely on social welfare initiatives
  • c)
    By influencing economic, social, and environmental factors
  • d)
    By limiting their operations to a single country
Correct answer is option 'C'. Can you explain this answer?

The actions of transnational corporations (TNCs) can have significant impacts on countries worldwide, influencing economic, social, and environmental factors. TNCs' decisions regarding production, labor practices, supply chains, and market strategies can shape economies, societies, and ecosystems across borders. Understanding these impacts is crucial for policymakers, businesses, and communities seeking to navigate the complexities of a globalized world.

How has globalisation impacted the gender gap in countries with higher levels of globalisation?
  • a)
    It has widened the gender gap significantly.
  • b)
    It has led to a narrower gender gap within their borders.
  • c)
    It has had no effect on the gender gap.
  • d)
    It has caused a complete disappearance of the gender gap.
Correct answer is option 'B'. Can you explain this answer?

Globalisation has been associated with a narrower gender gap in countries with higher levels of globalisation. This phenomenon suggests that as countries become more interconnected through globalisation, there tends to be a reduction in the disparities between genders within these nations. This can be attributed to factors such as increased access to education, employment opportunities, and changing societal norms that promote gender equality. ---

What is one challenge that may hinder the effective allocation of aid resources following disasters or conflicts?
  • a)
    Lack of available aid resources
  • b)
    Insufficient demand for aid
  • c)
    Corruption in the distribution of aid
  • d)
    Overwhelming support from other countries
Correct answer is option 'C'. Can you explain this answer?

Corruption in the distribution of aid resources can pose a significant challenge to the effective allocation of assistance following disasters or conflicts. When aid resources are mismanaged or diverted due to corrupt practices, they may not reach the intended recipients or be used for their intended purposes. This can undermine the impact of aid efforts, hinder recovery and rebuilding processes, and perpetuate inequalities and inefficiencies in the allocation of assistance.

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