Globalization is a process of global economic, political and cultural integration. It has made the world become a small village; the borders have been broken down between countries.
It can be seen that globalization has certain advantages such as economic processes, technological developments, political influences, health systems, social and natural environment factors.
NCERT Solutions for Class 10 Social Science Economics Chapter 4, ‘Globalisation and The Indian Economy’ explains students about meaning of globalization,reasons behind its emergence, production and its interlinkage across various countries, foreign trade and integration of market, W.T.O, impact and struggle due to globalisation in India.
''The history of globalization goes back to the second half of the twentieth century, the development of transport and communication technology led to a situation where national borders appeared to be too limiting for economic activity''. For your reference, given below are subjective type questions and answers on ‘Globalisation and The Indian Economy- Class 10 NCERT’.
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