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Read the passage given below and answer the questions that follows:
The most visible impacts of globalization are definitely the ones affecting the economic world. Globalization has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges.
In the 1970s world economies opened up and the development of free trade policies accelerated the globalization phenomenon. Between 1950 and 2010, world exports increased 33-fold. This significantly contributed to increasing the interactions between different regions of the world.
This acceleration of economic exchanges has led to strong global economic growth. It fostered as well a rapid global industrial development that allowed the rapid development of many of the technologies and commodities we have available nowadays.
Knowledge became easily shared and international cooperation among the brightest minds speeded things up. According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth.
At the same time, finance also became globalized. From the 1980s, driven by neo- liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, and Deregulation.
Q. In between which years the world’s export has increased 33-fold?
  • a)
    1970-1980
  • b)
    1950-1990
  • c)
    1950-2000
  • d)
    1950-2010
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Read the passage given below and answer the questions that follows:Th...
In the 1970s world economies opened up and the development of free trade policies accelerated the globalization phenomenon. Between 1950 and 2010, world exports increased 33-fold. This significantly contributed to increasing the interactions between different regions of the world.
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Read the passage given below and answer the questions that follows:Th...
Understanding the Global Export Increase
The passage indicates that world exports experienced a significant growth of 33-fold between specific years. To understand why the correct answer is option 'd' (1950-2010), let's break it down:
Time Frame of Growth
- The passage explicitly states that "Between 1950 and 2010, world exports increased 33-fold."
- This indicates a clear timeline where the increase in world exports is measured from the year 1950 to 2010.
Why Other Options are Incorrect
- Option a (1970-1980): This time frame is too short to account for the 33-fold increase as mentioned in the passage.
- Option b (1950-1990): While this includes part of the growth period, it does not encompass the full period up to 2010, which is necessary for the 33-fold increase.
- Option c (1950-2000): This option also falls short as it does not include the entire growth period stated in the passage.
Conclusion
- The 33-fold increase in world exports spanned from 1950 to 2010, highlighting the long-term effects of globalization on trade.
- Therefore, the correct answer is indeed option 'd', as it accurately reflects the time frame mentioned in the passage regarding the surge in global exports.
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Read the passage given below and answer the questions that follows:The most visible impacts of globalization are definitely the ones affecting the economic world. Globalization has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges.In the 1970s world economies opened up and the development of free trade policies accelerated the globalization phenomenon. Between 1950 and 2010, world exports increased 33-fold. This significantly contributed to increasing the interactions between different regions of the world.This acceleration of economic exchanges has led to strong global economic growth. It fostered as well a rapid global industrial development that allowed the rapid development of many of the technologies and commodities we have available nowadays.Knowledge became easily shared and international cooperation among the brightest minds speeded things up. According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth.At the same time, finance also became globalized. From the 1980s, driven by neo- liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, and Deregulation.Q. In between which years the world’s export has increased 33-fold?a)1970-1980b)1950-1990c)1950-2000d)1950-2010Correct answer is option 'D'. Can you explain this answer? for Humanities/Arts 2025 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about Read the passage given below and answer the questions that follows:The most visible impacts of globalization are definitely the ones affecting the economic world. Globalization has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges.In the 1970s world economies opened up and the development of free trade policies accelerated the globalization phenomenon. Between 1950 and 2010, world exports increased 33-fold. This significantly contributed to increasing the interactions between different regions of the world.This acceleration of economic exchanges has led to strong global economic growth. It fostered as well a rapid global industrial development that allowed the rapid development of many of the technologies and commodities we have available nowadays.Knowledge became easily shared and international cooperation among the brightest minds speeded things up. According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth.At the same time, finance also became globalized. From the 1980s, driven by neo- liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, and Deregulation.Q. In between which years the world’s export has increased 33-fold?a)1970-1980b)1950-1990c)1950-2000d)1950-2010Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the passage given below and answer the questions that follows:The most visible impacts of globalization are definitely the ones affecting the economic world. Globalization has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges.In the 1970s world economies opened up and the development of free trade policies accelerated the globalization phenomenon. Between 1950 and 2010, world exports increased 33-fold. This significantly contributed to increasing the interactions between different regions of the world.This acceleration of economic exchanges has led to strong global economic growth. It fostered as well a rapid global industrial development that allowed the rapid development of many of the technologies and commodities we have available nowadays.Knowledge became easily shared and international cooperation among the brightest minds speeded things up. According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth.At the same time, finance also became globalized. From the 1980s, driven by neo- liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, and Deregulation.Q. In between which years the world’s export has increased 33-fold?a)1970-1980b)1950-1990c)1950-2000d)1950-2010Correct answer is option 'D'. Can you explain this answer?.
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According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth.At the same time, finance also became globalized. From the 1980s, driven by neo- liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, and Deregulation.Q. In between which years the world’s export has increased 33-fold?a)1970-1980b)1950-1990c)1950-2000d)1950-2010Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the passage given below and answer the questions that follows:The most visible impacts of globalization are definitely the ones affecting the economic world. Globalization has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges.In the 1970s world economies opened up and the development of free trade policies accelerated the globalization phenomenon. Between 1950 and 2010, world exports increased 33-fold. This significantly contributed to increasing the interactions between different regions of the world.This acceleration of economic exchanges has led to strong global economic growth. It fostered as well a rapid global industrial development that allowed the rapid development of many of the technologies and commodities we have available nowadays.Knowledge became easily shared and international cooperation among the brightest minds speeded things up. According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth.At the same time, finance also became globalized. From the 1980s, driven by neo- liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, and Deregulation.Q. In between which years the world’s export has increased 33-fold?a)1970-1980b)1950-1990c)1950-2000d)1950-2010Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Read the passage given below and answer the questions that follows:The most visible impacts of globalization are definitely the ones affecting the economic world. Globalization has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges.In the 1970s world economies opened up and the development of free trade policies accelerated the globalization phenomenon. Between 1950 and 2010, world exports increased 33-fold. This significantly contributed to increasing the interactions between different regions of the world.This acceleration of economic exchanges has led to strong global economic growth. It fostered as well a rapid global industrial development that allowed the rapid development of many of the technologies and commodities we have available nowadays.Knowledge became easily shared and international cooperation among the brightest minds speeded things up. According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth.At the same time, finance also became globalized. From the 1980s, driven by neo- liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, and Deregulation.Q. 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It fostered as well a rapid global industrial development that allowed the rapid development of many of the technologies and commodities we have available nowadays.Knowledge became easily shared and international cooperation among the brightest minds speeded things up. According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth.At the same time, finance also became globalized. From the 1980s, driven by neo- liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, and Deregulation.Q. In between which years the world’s export has increased 33-fold?a)1970-1980b)1950-1990c)1950-2000d)1950-2010Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the passage given below and answer the questions that follows:The most visible impacts of globalization are definitely the ones affecting the economic world. Globalization has led to a sharp increase in trade and economic exchanges, but also to a multiplication of financial exchanges.In the 1970s world economies opened up and the development of free trade policies accelerated the globalization phenomenon. Between 1950 and 2010, world exports increased 33-fold. This significantly contributed to increasing the interactions between different regions of the world.This acceleration of economic exchanges has led to strong global economic growth. It fostered as well a rapid global industrial development that allowed the rapid development of many of the technologies and commodities we have available nowadays.Knowledge became easily shared and international cooperation among the brightest minds speeded things up. According to some analysts, globalization has also contributed to improving global economic conditions, creating much economic wealth.At the same time, finance also became globalized. From the 1980s, driven by neo- liberal policies, the world of finance gradually opened. Many states, particularly the US under Ronald Reagan and the UK under Margaret Thatcher introduced the famous “3D Policy”: Disintermediation, Decommissioning, and Deregulation.Q. In between which years the world’s export has increased 33-fold?a)1970-1980b)1950-1990c)1950-2000d)1950-2010Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Humanities/Arts tests.
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