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Mindmap: Globalisation & the Indian Economy | Social Studies (SST) Class 10 PDF Download

Mindmap: Globalisation & the Indian Economy | Social Studies (SST) Class 10

The document Mindmap: Globalisation & the Indian Economy | Social Studies (SST) Class 10 is a part of the Class 10 Course Social Studies (SST) Class 10.
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FAQs on Mindmap: Globalisation & the Indian Economy - Social Studies (SST) Class 10

1. What are the positive impacts of globalisation on the Indian economy?
Ans. Globalisation has brought about increased foreign direct investment, technological advancements, access to a wider market, and improved infrastructure development in India.
2. How has globalisation affected the employment scenario in India?
Ans. Globalisation has led to both positive and negative effects on employment in India. While it has created job opportunities in certain sectors like IT, it has also resulted in job losses in traditional industries.
3. What role does globalisation play in shaping India's cultural landscape?
Ans. Globalisation has led to the spread of Western culture in India through media, entertainment, and consumer goods. However, it has also facilitated the exchange of ideas and cultural practices with the rest of the world.
4. How has globalisation impacted the agricultural sector in India?
Ans. Globalisation has exposed Indian farmers to international markets, providing them with opportunities for export. However, it has also made them vulnerable to fluctuations in global prices and competition from foreign producers.
5. What challenges does globalisation pose for the Indian economy?
Ans. Globalisation has brought about income inequality, environmental degradation, and cultural homogenisation in India. It has also made the economy more susceptible to global economic crises and market fluctuations.
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