Globalization Quiz

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Questions and Answers

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?

  • 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?

  • 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?

<p>They have a direct influence on forming the basic framework of the economy (A)</p> Signup and view all the answers

What is the aim of globalization?

<p>To build links for universal interaction and union among people, corporations, and governments (B)</p> Signup and view all the answers

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