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Mindmap: The Making of a Global World | Social Studies (SST) Class 10

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FAQs on Mindmap: The Making of a Global World - Social Studies (SST) Class 10

1. What are the key factors that contributed to the making of a global world?
Ans. The key factors include advancements in transportation and communication, the rise of international trade, the influence of colonialism, technological innovations, and the establishment of global institutions that promote cooperation and economic integration.
2. How did colonialism shape the global economy?
Ans. Colonialism played a significant role in shaping the global economy by facilitating the extraction of resources from colonized regions, creating trade networks, and establishing economic dependencies that influenced global market dynamics and the distribution of wealth.
3. What impact did the Industrial Revolution have on global trade?
Ans. The Industrial Revolution drastically changed global trade by increasing production capacity, leading to mass production of goods, reducing costs, and opening new markets. It also enhanced transportation methods, making it easier to move goods across long distances.
4. In what ways has globalization affected cultural exchanges around the world?
Ans. Globalization has led to increased cultural exchanges through the spread of ideas, values, and practices across borders. This has resulted in greater cultural diversity but also raised concerns about cultural homogenization and the loss of local traditions.
5. What role do international organizations play in the global economy?
Ans. International organizations, such as the World Trade Organization (WTO) and the International Monetary Fund (IMF), play a crucial role in regulating trade, providing financial assistance, promoting economic stability, and fostering cooperation among countries to ensure a more interconnected global economy.
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