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FAQs on Globalozation and Its State - PSIR Optional for UPSC
| 1. What is globalization and how does it impact economies worldwide? |  |
Ans. Globalization refers to the interconnectedness of economies, societies, and cultures through trade, communication, and technology. It impacts economies by creating opportunities for growth and development, facilitating international trade, attracting foreign investment, and promoting innovation. However, it can also lead to economic disparities, loss of local jobs, and cultural homogenization.
| 2. What are the main drivers of globalization in the 21st century? | |
Ans. The main drivers of globalization include advancements in technology, particularly in communication and transportation, the liberalization of trade policies, the growth of multinational corporations, and the increase in global investment flows. Additionally, the rise of the internet and digital platforms has made it easier for businesses to operate internationally.
| 3. How does globalization affect cultural diversity? | |
Ans. Globalization can have both positive and negative effects on cultural diversity. On one hand, it facilitates the exchange of ideas, values, and cultural practices, enriching societies. On the other hand, it can lead to cultural homogenization, where dominant cultures overshadow local traditions and languages, potentially resulting in the loss of cultural identities.
| 4. What are the environmental implications of globalization? | |
Ans. The environmental implications of globalization are significant. Increased production and consumption driven by global trade can lead to resource depletion, pollution, and climate change. However, globalization can also promote environmental awareness and cooperation, leading to international agreements aimed at addressing global environmental challenges.
| 5. How do governments respond to the challenges posed by globalization? | |
Ans. Governments respond to the challenges of globalization through various policies. They may implement trade regulations to protect local industries, invest in education and training to equip workers for a globalized job market, and promote sustainable practices to mitigate environmental impacts. Additionally, they may engage in international cooperation to address issues that transcend national borders.
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Oct 06, 2025
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