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Questions and Answers
What does the term 'globalization' refer to?
What does the term 'globalization' refer to?
- Creation of economic barriers between nations
- Integration of a nation's economy with the world economy (correct)
- Isolation of a nation's economy from the world economy
- Limiting economic interactions within a nation
What is a result of globalization?
What is a result of globalization?
- Decreased international interactions
- Weakening of economic ties between nations
- Isolation and economic self-sufficiency
- Greater interdependence and integration (correct)
How does globalization impact Indian society?
How does globalization impact Indian society?
- Indian society is losing its cultural identity due to urbanization and globalization
- Indian society is becoming more isolated due to urbanization and globalization
- Indian society is changing drastically after urbanization and globalization (correct)
- Indian society remains unchanged despite urbanization and globalization
What role do economic policies play in the Indian economy?
What role do economic policies play in the Indian economy?
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What is the aim of globalization?
What is the aim of globalization?
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