Humanities/Arts Exam > Humanities/Arts Questions > This type of globalisation refers to global m...
Start Learning for Free
This type of globalisation refers to global markets and the flow of capital, technology & goods is
- a)political globalisation.
- b)cultural globalisation.
- c)economic globalisation.
- d)opposing globalisation.
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
This type of globalisation refers to global markets and the flow of ca...
This includes exchanges of currencies in capital movements, technology transfer, international travel and an international flow of ideas and information.
Most Upvoted Answer
This type of globalisation refers to global markets and the flow of ca...
Explanation:
Globalisation can be broken down into different aspects, one of which is economic globalisation. Economic globalisation refers to the interconnectedness of different economies around the world through the flow of capital, technology, and goods. This type of globalisation is primarily driven by global markets and the pursuit of profit by corporations and businesses.
Key Points:
- Global Markets: Economic globalisation is closely tied to the concept of global markets, where goods and services are exchanged on an international scale. This leads to increased competition and opportunities for businesses to expand beyond their domestic markets.
- Flow of Capital: Capital flows across borders as investments are made in different countries. This can lead to economic growth and development in some regions, while also posing risks such as financial instability and dependency.
- Flow of Technology: Technology transfer is a key aspect of economic globalisation, as advancements in technology are shared and adopted by different countries. This can lead to increased efficiency, productivity, and innovation in various industries.
- Flow of Goods: The movement of goods across borders is a central feature of economic globalisation, facilitated by international trade agreements and supply chains. This enables consumers to access a wide range of products from different parts of the world.
Overall, economic globalisation has both positive and negative impacts on economies, societies, and the environment. It is important for policymakers to address the challenges associated with economic globalisation while harnessing its potential benefits for sustainable and inclusive development.
Attention Humanities/Arts Students!
To make sure you are not studying endlessly, EduRev has designed Humanities/Arts study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Humanities/Arts.
|
Explore Courses for Humanities/Arts exam
|
|
Top Courses for Humanities/ArtsView all
This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer?
Question Description
This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer?.
This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer?.
Solutions for This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Humanities/Arts.
Download more important topics, notes, lectures and mock test series for Humanities/Arts Exam by signing up for free.
Here you can find the meaning of This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice This type of globalisation refers to global markets and the flow of capital, technology & goods isa)political globalisation.b)cultural globalisation.c)economic globalisation.d)opposing globalisation.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
|
|
Explore Courses for Humanities/Arts exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup