Correct option is A
Introduction
Globalisation refers to the increasing integration and interdependence of economies, societies and places through flows of capital, goods, information, technology and people.
Information Booster
- I. Correct: Globalisation has changed the scale of human processes, connecting local, national and global processes.
- II. Correct: It has encouraged the growth and expansion of Transnational Corporations (TNCs) across national boundaries.
- III. Correct: The end of the Cold War and collapse of the Soviet Union accelerated global economic and political integration.
- IV. Incorrect: Globalisation has encouraged, rather than discouraged, the international flow of money and capital.
Additional Knowledge
- Major features: global trade, capital flows, technological connectivity, TNCs and economic integration.
- Globalisation has increased the importance of global cities and international financial centres.
- Liberalisation and improved communication technologies have been major drivers of globalisation.
Correct Answer: (a) I, II & III
English
10 Questions
20 Marks
12 Mins
