Globalisation will continue in the futur | Class 10 Social Science - Understanding Economic Development Chapter Globalisation and the Indian Economy, Globalisation and the Indian Economy NCERT Solutions

Question:

Globalisation will continue in the future. Can you imagine what the world would be like twenty years from now? Give reasons for your answer.

Answer:

Globalization will continue in the future as well. Twenty years from now :

- Productive efficiency will be improved
- Competition in the market will increased
- Quality of the goods will be improved
- Trade and capital flows will increase
- Advancement in every field will be evident This will occur because twenty years from now we will find further strengthening of the forces of globalization. Liberalization will get augmented and trade barriers will further be nreduced. MNCs will converge with other companies producing the same goods.


Study Tips for Answering NCERT Questions:

NCERT questions are designed to test your understanding of the concepts and theories discussed in the chapter. Here are some tips to help you answer NCERT questions effectively:

  • Read the question carefully and focus on the core concept being asked.
  • Reference examples and data from the chapter when answering questions about Globalisation and the Indian Economy.
  • Review previous year question papers to get an idea of how such questions may be framed in exams.
  • Practice answering questions within the time limit to improve your speed and accuracy.
  • Discuss your answers with your teachers or peers to get feedback and improve your understanding.

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Welcome to the NCERT Solutions for Class 10 Social Science - Understanding Economic Development - Chapter . This page offers a step-by-step solution to the specific question from Excercise 1 , Question 9: Globalisation will continue in the future. Can you imagine what the world would be like twenty years....