Supposing you find two people arguing: O | Class 10 Social Science - Understanding Economic Development Chapter Globalisation and the Indian Economy, Globalisation and the Indian Economy NCERT Solutions

Question:

Supposing you find two people arguing: One is saying globalisation has hurt our country’s development. The other is telling, globalisation is helping India develop. How would you respond to these organisations?

Answer:

Globalization has come with both advantages and disadvantages in our country.
- The advantages of increased globalization are:
- Increase in the volume of trade
- Increase in the employment opportunities

- Increase in variety of goods in the market, for the buyers to choose from
- Improvement in the quality of goods due to increased competition in the               market. The disadvantages of increased globalization are:
- Small scale industrialists may not be able to compete with those international enterprises and earn much profit.
- Workers are employed flexibility hence they do not get job security.


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 10: Supposing you find two people arguing: One is saying globalisation has hurt our country’s deve....