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Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:
Assertion: While globalization is not caused by any single factor, technology remains a critical element.
Reason: The ability of ideas, capital, commodities and people to move more easily from one part of the world to another has been made possible largely by technological advances.
  • a)
    Both (A) and (R) are true, but (R) is the correct explanation of (A).
  • b)
    Both (A) and (R) are true, but (R) is not the correct explanation of (A).
  • c)
    (A) is true, but (R) is false.
  • d)
    (A) is false, but (R) is true.
Correct answer is option 'A'. Can you explain this answer?
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Directions: In the following questions, a statement of Assertion (A) ...
Technological globalization is speeded in large part by technological diffusion, the spread of technology across borders. In addition, technological advances in areas like mobile phones can lead to competition, lowered prices, and concurrent improvements in related areas such as mobile banking and information sharing.
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Directions: In the following questions, a statement of Assertion (A) ...
Assertion (A): While globalization is not caused by any single factor, technology remains a critical element.

Reason (R): The ability of ideas, capital, commodities, and people to move more easily from one part of the world to another has been made possible largely by technological advances.

The correct answer is option 'A', which states that both the assertion and the reason are true, and the reason is the correct explanation of the assertion.

Explanation:
Globalization is a complex phenomenon that involves the integration of economies, societies, cultures, and political systems across the world. It is not caused by any single factor, but rather by a combination of various factors. Technology, however, remains a critical element in facilitating and driving globalization.

Technology as a Critical Element of Globalization:
Technological advances have played a significant role in enabling and accelerating globalization. The reason states that the ability of ideas, capital, commodities, and people to move more easily from one part of the world to another has been made possible largely by technological advances. This statement is true and can be supported by several examples:

1. Communication Technology: The development of communication technologies such as the internet, mobile phones, and satellite systems has revolutionized communication and made it easier for people to connect and exchange information globally. This has facilitated the spread of ideas, knowledge, and information across borders, contributing to globalization.

2. Transportation Technology: Advances in transportation technology, including faster and more efficient modes of travel and shipping, have made it easier and cheaper to move goods, services, and people across long distances. This has facilitated international trade, investment, and migration, all of which are key components of globalization.

3. Financial Technology: The development of financial technologies, such as electronic payment systems, online banking, and global financial networks, has facilitated the flow of capital across borders. This has increased financial integration and enabled businesses and individuals to access and invest in global markets, contributing to economic globalization.

4. Production Technology: Technological advancements in production processes, such as automation, robotics, and supply chain management systems, have enabled companies to efficiently manufacture and distribute goods on a global scale. This has led to the outsourcing of production to countries with lower costs, contributing to the globalization of production networks.

Overall, technology has played a crucial role in facilitating the movement of ideas, capital, commodities, and people across the world, which are essential elements of globalization. While globalization is influenced by various other factors such as political, economic, and cultural forces, technology remains a critical and enabling element in the process. Therefore, the reason provided is a correct explanation of the assertion.
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Read the passage given below and answer the questions that follows:While everything may not be known about the economic facets of globalisation, this particular dimension shapes a large part of the content and direction of contemporary debates surrounding globalisation. A part of the problem has to do with defining economic globalisation itself. The mention of economic globalisation draws our attention immediately to the role of international institutions like the IMF and the WTO and the role they play in determining economic policies across the world. Yet, globalisation must not be viewed in such narrow terms. Economic globalisation involves many actors other than these international institutions. A much broader way of understanding of economic globalisation requires us to look at the distribution of economic gains, i.e. who gets the most from globalisation and who gets less, indeed who loses from it. What is often called economic globalisation usually involves greater economic flows among different countries of the world. Some of this is voluntary and some forced by international institutions and powerful countries. As we saw in the examples at the beginning of this chapter, this flow or exchange can take various forms: commodities, capital, people and ideas. Globalisation has involved greater trade in commodities across the globe; the restrictions imposed by different countries on allowing the imports of other countries have been reduced. Similarly, the restrictions on movement of capital across countries have also been reduced. In operational terms, it means that investors in the rich countries can invest their money in countries other than their own, including developing countries, where they might get better returns.Q. In terms of trade, what is the impact of globalisation?

Read the passage given below and answer the questions that follows:While everything may not be known about the economic facets of globalisation, this particular dimension shapes a large part of the content and direction of contemporary debates surrounding globalisation. A part of the problem has to do with defining economic globalisation itself. The mention of economic globalisation draws our attention immediately to the role of international institutions like the IMF and the WTO and the role they play in determining economic policies across the world. Yet, globalisation must not be viewed in such narrow terms. Economic globalisation involves many actors other than these international institutions. A much broader way of understanding of economic globalisation requires us to look at the distribution of economic gains, i.e. who gets the most from globalisation and who gets less, indeed who loses from it. What is often called economic globalisation usually involves greater economic flows among different countries of the world. Some of this is voluntary and some forced by international institutions and powerful countries. As we saw in the examples at the beginning of this chapter, this flow or exchange can take various forms: commodities, capital, people and ideas. Globalisation has involved greater trade in commodities across the globe; the restrictions imposed by different countries on allowing the imports of other countries have been reduced. Similarly, the restrictions on movement of capital across countries have also been reduced. In operational terms, it means that investors in the rich countries can invest their money in countries other than their own, including developing countries, where they might get better returns.Q. Where does economic globalisation draw our attention to?

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Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion: While globalization is not caused by any single factor, technology remains a critical element.Reason: The ability of ideas, capital, commodities and people to move more easily from one part of the world to another has been made possible largely by technological advances.a)Both (A) and (R) are true, but (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer?
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Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion: While globalization is not caused by any single factor, technology remains a critical element.Reason: The ability of ideas, capital, commodities and people to move more easily from one part of the world to another has been made possible largely by technological advances.a)Both (A) and (R) are true, but (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. 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 Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion: While globalization is not caused by any single factor, technology remains a critical element.Reason: The ability of ideas, capital, commodities and people to move more easily from one part of the world to another has been made possible largely by technological advances.a)Both (A) and (R) are true, but (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. 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 Directions: In the following questions, a statement of Assertion (A) is followed by a statement of Reason (R). Mark the correct choice as:Assertion: While globalization is not caused by any single factor, technology remains a critical element.Reason: The ability of ideas, capital, commodities and people to move more easily from one part of the world to another has been made possible largely by technological advances.a)Both (A) and (R) are true, but (R) is the correct explanation of (A).b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).c)(A) is true, but (R) is false.d)(A) is false, but (R) is true.Correct answer is option 'A'. Can you explain this answer?.
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