Improvement in Transportation Development of Information Technology Telecommunication Computers Internet For more answers visit to website: https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/
There is a greater choice before consumers along with competitive price. Then enjoy improved quality and lower prices for several products. They enjoy much higher standards of living that was possible earlier. Strengthening of Consumers Right like — Right to Information, Right to choose, Right to BeRead more
There is a greater choice before consumers along with competitive price.
Then enjoy improved quality and lower prices for several products.
They enjoy much higher standards of living that was possible earlier.
Strengthening of Consumers Right like — Right to Information, Right to choose, Right to Be Heard, Right to Seek Redressal has been given to consumers.
Legal rights of consumers have become more effective.
Trade barriers are used by the government: 1.To increase, decrease or regulate foreign trade. 2.To decide what kinds of goods and how much of each, should come into the country. 3.To protect the producers within the country from foreign competition.
Trade barriers are used by the government:
1.To increase, decrease or regulate foreign trade.
2.To decide what kinds of goods and how much of each, should come into the country.
3.To protect the producers within the country from foreign competition.
The money that is spent to buy assets such as land, building, machines and other equipment is called investment. Investment made by MNC's is called foreign investment. Every investment is made with the hope that the assets will earn profits for these companies. For more answers visit to websiRead more
The money that is spent to buy assets such as land, building, machines and other equipment is called investment. Investment made by MNC’s is called foreign investment. Every investment is made with the hope that the assets will earn profits for these companies.
MNC's are Multinational corporations. It is a company that owns or controls production in more than one nation. MNC's can spread and control by: 1. Setting up joint production units with local companies. 2. To buy up local companies and expanding its production base. 3. Placing orders with small proRead more
MNC’s are Multinational corporations. It is a company that owns or controls production in more than one nation. MNC’s can spread and control by:
1. Setting up joint production units with local companies.
2. To buy up local companies and expanding its production base.
WTO is World Trade Organization. It is an organization which is in favor of increasing the world trade through globalization. The Aim of WTO: To liberalize International trade by allowing free trade for all. To promote international trade among the countries of the world in an open uniform and non-dRead more
WTO is World Trade Organization. It is an organization which is in favor of increasing the world trade through globalization.
The Aim of WTO:
To liberalize International trade by allowing free trade for all.
To promote international trade among the countries of the world in an open uniform and non-discriminatory manner.
Removal of both the import and export restrictions.
The Drawback of WTO:
It is dominated by developed countries.
It is used by developed countries to support globalization in areas that are not directly to trade.
Globalization is the integration or interconnection between the countries through trade and foreign investment. Positive Impacts: Greater choice and improved quality of goods at competitive price and hence raises standard df living. MNC's have increased investment in India. Top Indian companies emerRead more
Globalization is the integration or interconnection between the countries through trade and foreign investment.
Positive Impacts:
Greater choice and improved quality of goods at competitive price and hence raises standard df living.
MNC’s have increased investment in India.
Top Indian companies emerged as multinationals.
Created new opportunities for companies providing services like IT sector.
Collaboration with foreign companies help a lot to domestic entrepreneurs.
Negative Impacts:
Indian economy faced the problem of brain drain.
Globalization has failed to remove unemployment and poverty.
What are the factors have stimulated the globalization process?
Improvement in Transportation Development of Information Technology Telecommunication Computers Internet For more answers visit to website: https://www.tiwariacademy.com/ncert-solutions/class-10/social-science/
For more answers visit to website:
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Describe any five advantages to consumers due to globalization and greater competition among producers.
There is a greater choice before consumers along with competitive price. Then enjoy improved quality and lower prices for several products. They enjoy much higher standards of living that was possible earlier. Strengthening of Consumers Right like — Right to Information, Right to choose, Right to BeRead more
For more answers visit to website:
See lesshttps://www.tiwariacademy.com/ncert-solutions/class-10/social-science/
Why are the trade barriers imposed on the foreign trade and investment in a country?
Trade barriers are used by the government: 1.To increase, decrease or regulate foreign trade. 2.To decide what kinds of goods and how much of each, should come into the country. 3.To protect the producers within the country from foreign competition.
Trade barriers are used by the government:
1.To increase, decrease or regulate foreign trade.
2.To decide what kinds of goods and how much of each, should come into the country.
3.To protect the producers within the country from foreign competition.
See lessWhat is investment? How is foreign investment different from it?
The money that is spent to buy assets such as land, building, machines and other equipment is called investment. Investment made by MNC's is called foreign investment. Every investment is made with the hope that the assets will earn profits for these companies. For more answers visit to websiRead more
The money that is spent to buy assets such as land, building, machines and other equipment is called investment. Investment made by MNC’s is called foreign investment. Every investment is made with the hope that the assets will earn profits for these companies.
For more answers visit to website:
See lesshttps://www.tiwariacademy.com/ncert-solutions/class-10/social-science/
What is MNC’s? How MNC’s can spread and get control over productions?
MNC's are Multinational corporations. It is a company that owns or controls production in more than one nation. MNC's can spread and control by: 1. Setting up joint production units with local companies. 2. To buy up local companies and expanding its production base. 3. Placing orders with small proRead more
MNC’s are Multinational corporations. It is a company that owns or controls production in more than one nation. MNC’s can spread and control by:
1. Setting up joint production units with local companies.
2. To buy up local companies and expanding its production base.
3. Placing orders with small producers.
4. By using their Brand.
For more answers visit to website:
See lesshttps://www.tiwariacademy.com/ncert-solutions/class-10/social-science/
What is WTO? What are the aim of WTO? What are the drawback of WTO?
WTO is World Trade Organization. It is an organization which is in favor of increasing the world trade through globalization. The Aim of WTO: To liberalize International trade by allowing free trade for all. To promote international trade among the countries of the world in an open uniform and non-dRead more
WTO is World Trade Organization. It is an organization which is in favor of increasing the world trade through globalization.
The Aim of WTO:
The Drawback of WTO:
For more answers visit to website:
See lesshttps://www.tiwariacademy.com/ncert-solutions/class-10/social-science/
What do you mean by globalization? What are the effects of globalization in India?
Globalization is the integration or interconnection between the countries through trade and foreign investment. Positive Impacts: Greater choice and improved quality of goods at competitive price and hence raises standard df living. MNC's have increased investment in India. Top Indian companies emerRead more
Globalization is the integration or interconnection between the countries through trade and foreign investment.
Positive Impacts:
Negative Impacts:
For more answers visit to website:
See lesshttps://www.tiwariacademy.com/ncert-solutions/class-10/social-science/