HISTORY
HISTORY OF THE MIDDLE EAST
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Economy
|
|
|
Education
|
|
|
Religion
|
|
|
Government
|
Detailed explanation-1: -Economic globalization refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.
Detailed explanation-2: -Economic globalization improves the efficiency of enterprises and plays a great role in increasing the size of the economy of every country. Economic development improves living standard and level of education of people.
Detailed explanation-3: -The globalisation of the Indian economy means it allowed foreign companies to operate in the Indian market. Also, Indian businesses got an opportunity to operate on a global scale. As a result, the import-export sector in India saw an astonishing rise after 1991.