Globalization
Odisha Board · Class 12 · Political Science
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What is the fundamental concept that globalization deals with?
What makes contemporary globalization unique compared to historical globalization?
Which technology has NOT been mentioned as revolutionizing global communication?
What is 'McDonaldisation' of the world an example of?
Sample Questions
Which of the following are dimensions of globalization?
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Political, Economic, Cultural
Globalization has three main dimensions: political (affecting state sovereignty and governance), economic (involving trade and investment flows), and cultural (affecting values, lifestyles, and traditions).
The old 'welfare state' is giving way to a more minimalist state that performs which core functions?
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Maintenance of law and order, Security of citizens
Due to globalization, states are withdrawing from welfare functions and focusing on core functions like maintaining law and order and ensuring citizen security, while markets determine economic and social priorities.
Which international institutions play a role in determining economic policies globally?
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IMF (International Monetary Fund), WTO (World Trade Organization)
The chapter specifically mentions IMF and WTO as international institutions that play important roles in determining economic policies across the world as part of economic globalization.
True or False: Developed countries have reduced restrictions on the movement of people across borders.
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False
The chapter clearly states that developed countries have carefully guarded their borders with visa policies to ensure that citizens of other countries cannot take away jobs from their own citizens. Movement of people has not increased to the same degree as other flows.
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