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Fun Video: What is Globalisation? Video Lecture | SSC CGL Tier 2 - Study Material, Online Tests, Previous Year

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FAQs on Fun Video: What is Globalisation? Video Lecture - SSC CGL Tier 2 - Study Material, Online Tests, Previous Year

1. What is globalization?
Globalization refers to the increasing interconnectedness and interdependence of countries through the exchange of goods, services, information, and ideas on a global scale. It involves the integration of economies, societies, and cultures across borders.
2. What are the main drivers of globalization?
The main drivers of globalization are advancements in technology, particularly in the fields of transportation and communication. These advancements have made it easier and faster to transport goods and people across long distances, while also facilitating the exchange of information and ideas.
3. How does globalization impact the economy?
Globalization has both positive and negative impacts on the economy. On one hand, it allows businesses to access larger markets and benefit from economies of scale, leading to increased efficiency and productivity. On the other hand, it can result in job losses in certain industries and increased competition for domestic firms.
4. What are the cultural effects of globalization?
Globalization has led to the spread of different cultural practices, ideas, and values across the world. This can result in cultural homogenization, where certain aspects of culture become standardized and globalized. However, it can also lead to cultural hybridization, where different cultures blend and create new cultural forms.
5. How does globalization impact the environment?
Globalization can have both positive and negative impacts on the environment. On one hand, it has facilitated the transfer of environmentally friendly technologies and practices, leading to improved environmental outcomes. On the other hand, it has also increased the demand for natural resources and contributed to environmental degradation, such as deforestation and pollution.
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