Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Globalisation Opportunity View
Some scholars argue globalisation should be seen as an opportunity because it provides:
- Greater access to global markets, high technology and possibility of becoming international players — Correct Answer
- Complete government control over all sectors
- Isolation from world economy
- Reduction in all types of trade
Explanation:
Correct Answer Explanation
Globalisation provides greater access to global markets, high technology, and increased possibility of large industries of developing countries becoming important international players.
Key Points:
- It has produced positive as well as negative results.
- The process has both supporters and critics.
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This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
