SSC
WORLD GEOGRAPHY
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Millions of people have been lifted out of poverty in India and China
|
|
|
Inequalities among the countyside are growing
|
|
|
Increased levels of carbon is being emitted in both countries
|
|
|
None of the above
|
Detailed explanation-1: -China has reaped huge benefits from integration by transforming itself into a global manufacturing hub. GDP per capita has increased from less than 5% of US levels in 1990 to nearly 30% today. (See Chart 1.) In the process, hundreds of millions of Chinese people have pulled themselves out of poverty.
Detailed explanation-2: -Globalization has had a significant and nearly instantaneous impact on India as a whole. The reduction of export subsidies and import barriers enabled free trade that made the untapped Indian market incredibly attractive to the international community.
Detailed explanation-3: -It has been concluded that the absolute poverty in India with the increasing globalization has fallen significantly by at the same time inequity has increased. To measure globalization KOF Index has been used and for inequality Gini Index has been used.